Africa is making significant strides in advancing its space technology landscape, marking a new era of innovation, connectivity, and collaboration across the continent. With growing investments, expanding satellite capabilities, and a surge in local talent, Africa is positioning itself as a rising force in the global space economy. Egypt-based satellite operator NILESAT and the Regional African...

• European Investment Bank commits $60 million to LeapFrog Investments to expand access to green tech in emerging markets• The funding targets companies offering eco-friendly solutions in energy, transport, food, and housing• Move is part of a broader $500 million plan to tackle climate change in Africa and Asia The European Investment Bank (EIB) has pledged $60 million to...

• The government raised CFA454.2 billion ($790 million) on April 22 through the WAEMU regional debt market• The auction covered seven bond maturities, from 1 to 7 years, and was oversubscribed by 105.63%• Yields rose slightly, but remained lower than rates seen in other WAEMU countries like Mali Côte d’Ivoire raised CFA454.2 billion on April 22 in a public bond auction on the West...

• Tunisia and Japan agreed to finalize a new investment deal during a meeting in Tunis on April 21.• The two countries reviewed the progress of current cooperation projects and explored new areas of partnership.• In 2024, trade between them totaled $218.7 million, led by vehicles, machinery, and electrical equipment. Tunisia and Japan have confirmed their shared goal of strengthening...

• Morocco plans to roll out 5G to a quarter of its population by the end of 2025 and reach 70% coverage by 2030• The launch will begin in November 2025, just ahead of the Africa Cup of Nations, with a focus on cities and key economic zones• Telecom giants Maroc Telecom and Inwi are teaming up to expand fiber and mobile tower infrastructure under a $475 million investment plan The...

Ghana’s Ewoyaa lithium mine is poised to produce 3.6 million tonnes of spodumene concentrate over 12 years. Half of this output has already been sold to the American firm Piedmont Lithium. The Ghanaian government plans to refine the remaining half locally with the mine owner Atlantic Lithium’s backing. However, a March 2025 study by the Natural Resource Governance Institute (NRGI) warns...

Gold prices are on track to soar, and African countries like Mali, Burkina Faso, and Ivory Coast stand to gain, as they rely heavily on this mineral. JP Morgan, in a report released April 22, 2025, predicts gold will average $3,675 an ounce by the last quarter of 2025 and surpass $4,000 by mid-2026. The bank warns this milestone could come even sooner if demand outpaces...

Kodal Minerals produced its first lithium concentrate at the Bougouni mine in Mali in February 2025. The company planned to start exports by the end of the first quarter. Mali’s second lithium operation still lacks the permits it needs to export. Two months after launching the Bougouni mine, Kodal Minerals has not exported any lithium from the site. In an April 17 press release, the company...

• WAEMU's economy is projected to grow by 6.5% in Q2 2025, driven by agriculture and a stable services sector.• Despite the overall growth, the construction sector continues to shrink, with negative contributions to GDP for the third consecutive quarter.• Rising public debt costs, security-related spending, and budget constraints are weighing on investment in large infrastructure...

• Niger saw the highest growth rate in WAEMU in 2024, reaching 8.8%, compared to 2.4% in 2023.• The country's industrial production and oil sector saw a major boost, contributing to the strong performance.• Despite challenges, including floods and sanctions, Niger’s economy is expected to continue growing, with a 7.9% forecast for 2025. Niger posted the highest growth rate in the West...