DRC plans $1.5B Eurobond for infrastructure, connectivity Public debt at 18.49% of GDP, below regional average Success depends on transparency, project monitoring, investor confidence The Democratic Republic of Congo is preparing to issue a $1.5 billion Eurobond to finance priority infrastructure and improve national connectivity. The process, announced by Minister of...

Japan grants Kenya ¥25 bln ($169m) samurai loan for autos and electricity Deal signed at TICAD-9 aims to cut power losses and boost EV production Nairobi shifts debt strategy toward lowering borrowing costs over short-term risks Japan will provide Kenya with a ¥25 billion ($169.42 million) samurai credit facility to support the auto industry and improve electricity supply, Kenyan...

Facing increasingly costly and volatile Eurobonds, West African states are turning to their regional financial markets for funding. Senegal is a prime example; since the beginning of the year, it has raised over 2.7 trillion CFA francs ($4.8 billion) on the financial market, with more than 700 billion CFA francs coming from the BRVM, the regional stock exchange's syndication segment. This push...

CMOC and Glencore post 78,773 tons in first half of 2025, up 15% year-on-year Cobalt is being stockpiled in the DRC as exports remain blocked since February Output tied to copper and nickel mining, limiting producers’ control on volumes Chinese group CMOC and Swiss miner Glencore, which together account for about 70% of cobalt exports from the Democratic Republic of Congo (DRC), produced...

The internet has become a key driver of digital transformation and a crucial force for global economic and social development. To guarantee its quality and accessibility, a central challenge is ensuring the availability of high-performing infrastructure. The Nigerien government inaugurated an Internet Exchange Point (IXP) in the capital, Niamey, on Tuesday, August 19. The new infrastructure is...

Russia proposes cooperation on protecting Morocco’s energy systems EU NIS2 directive sets strict cybersecurity standards with heavy penalties Rabat must balance security choices with power exports to Spain and Europe Morocco is facing a delicate choice between a Russian offer of cybersecurity cooperation and compliance with European rules that apply to critical sectors such as...

Africa's beer output hit record 160.5 Mhl in 2024 Angola's production surged 35%, fastest globally Africa led global growth as worldwide output declined African beer production reached a new record of 160.5 million hectoliters (Mhl) in 2024, according to the latest report published by analytics firm BarthHaas in July. The continent saw a year-on-year growth of 6.7%, outpacing...

It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc note to a vendor to buy 1,650 francs worth of tomatoes. The vendor sighs, rummages through a knot in her loincloth, then disappears to beg a neighbor for change. Minutes later, she returns with crumpled 500 franc notes and two complimentary sachets of water to make up the difference. This...

• Kinshasa signs LOI with Huawei to explore digital education projects• Plans cover smart classrooms, e-learning platforms, and an innovation lab• Report says progress in digital education remains slow and fragmented The Democratic Republic of Congo (DRC) has signed a letter of intent with Chinese technology company Huawei to strengthen cooperation in digital education. Marie-Thérèse...

• EXIM Bank approves $66m guarantee to fund a national data center in Côte d’Ivoire• U.S. company Cybastion to provide equipment under EXIM’s China-focused program• Project to boost secure data hosting and support digital growth in the country The Export-Import Bank of the United States (EXIM) has approved a $66 million guarantee to finance the construction of a national...