• Angola and Brazil signed six agreements on May 24, 2025, to strengthen bilateral ties.• The deals span human rights, agriculture, energy, and security cooperation.• Bilateral trade reached $1.2 billion in 2023, with potential for further growth. Following his official visit to Brazil, Angolan President João Lourenço signed six cooperation pacts on May 24, 2025, alongside Brazilian...

• Cameroon is testing a cocoa auction model that could guide the African Cocoa Exchange.• The AfCX aims to help producers access financing and set fair prices within the continent.• Local pricing and trade could reduce reliance on global markets like London and New York. While Africa already accounts for nearly 70% of the world’s cocoa supply, there have been growing calls over the past...

• Africa captured 47% of Proparco’s 2024 project volume, totaling €1.3 billion.• Jolaks, Beacon Power Services, and One Acre Fund received the year’s largest funding.• AFD’s biggest non-sovereign loan in 2024, €350 million, went to Morocco’s green hydrogen plan. Africa remained the primary region of intervention for French development agency Proparco in 2024. The...

• SENEGEL training began May 23 in Kaolack for 50 youths; 300 to be trained in phase one.• Initiative targets 50,000 beneficiaries over three years to address youth unemployment.• Model includes mentorship, coaching, and project-based learning aligned with market needs.• Over 100,000 young people enter Senegal’s labor market annually; many face joblessness.• Success depends on local...

• Africa generates 2.5 million tons of e-waste annually, much of it handled informally.• Toxic substances from poor recycling methods harm people and the environment.• Turning e-waste into a formal industry could create jobs and recover valuable materials. Africa is facing a fast-growing environmental and health threat: electronic waste. Often ignored by the public, the surge in old...

The Osun-Oshogbo Sacred Grove, located in the city of Oshogbo in southwestern Nigeria, holds significant cultural and religious meaning for the Yoruba people. Stretching along the banks of the Osun River, which is revered as a major deity in the Yoruba pantheon, the forest represents one of the last remaining sacred groves that once surrounded Yoruba settlements. It stands as a living...

While Small-Scale Businesses (SSBs) or businesses in the so-called "informal sector" represent a significant share of value creation and employment in Sub-Saharan African economies, they struggle to access funding for various reasons. FinAfrique Partners, a pan-African consulting firm focusing in the banking, finance, and insurance sectors, has been cooking up solutions to this dilemma. Fabrice...

• CAR signs $2.5B agreement with American Eagle Business Solutions for new airport• Project marks shift from China-led model to diversified global partnerships• Planned Boboula airport to improve access, expand aviation beyond Bangui The Central African Republic (CAR) is expanding its international partnerships to relaunch its aviation sector, historically limited to a single...

• $674.4 million program launched to revive drought-hit sheep industry• Measures include subsidies, debt relief, and vaccination campaigns• Livestock population fell 38% since 2016; imports surged in 2024 The Moroccan government has launched a program to rebuild its national sheep stock, severely impacted by drought in recent years. The initiative, announced on May 22 by Agriculture...

• U.S. bill includes 5% tax on money sent abroad by migrants, affecting $13B to Africa• Nigeria, Egypt, and Kenya are among the most exposed to this potential loss• African fintech firms and undocumented senders face the highest risk A new proposal in the United States to impose a 5% tax on personal money transfers to foreign countries could have serious consequences for African...