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• U.S. and African nations plan to hold talks on AGOA's future by July 2025.• New U.S. tariffs could undermine Africa's duty-free access to American markets.• African trade ministers will meet next week to seek a joint response.
Sub-Saharan African countries and the United States are expected to begin talks by July 2025 on the future of the African Growth and Opportunity Act (AGOA), a key...
• Equinix plans to invest $140 million to expand its data infrastructure in Nigeria, including a new data center in Port Harcourt.• The move aims to improve bandwidth capacity and bridge Nigeria’s digital divide between coastal and inland regions.• The investment is part of Equinix’s broader $390 million plan to grow its footprint across Africa over the next five years.
The...
• Intra-African trade in Central Africa could grow by 12% a year by 2028, faster than any other region• Trade in the region may rise from $19.4 billion in 2024 to nearly $31.8 billion in 2028• Progress depends on regional reforms, infrastructure upgrades, and better movement of goods and people
Central Africa could become the fastest-growing region for intra-African trade in the...
• Africa had 577 hotels under development in early 2025, up 13.3% from the same period last year.• North Africa drove most of the growth, with a 23% YOY in hotel projects.• Egypt remains the top destination, accounting for nearly a third of all rooms in development across the continent.
Africa is seeing strong momentum in hotel construction, with 577 hotels and a total of 104,444 rooms...
This meeting marks a milestone in Egypt’s growing digital maturity and attractiveness to international capital. Through strategic public-private collaboration, the country is well-positioned to lead Africa’s next wave of digital growth, driven by innovation, connectivity, and talent.
Egypt’s Minister of Communications and Information Technology, Dr. Amr Talaat, met with Mr. Shamil Josub,...
Huawei Intelligent Africa Summit 2025 was held in Marrakech alongside GITEX Africa under the theme “Amplify Intelligence for New Africa.” For its 3rd edition, GITEX put a strong spotlight on Artificial Intelligence (AI) and digital innovation, highlighting a turning point in Africa’s technological transformation. In this dynamic, Huawei’s Summit aimed at exploring how AI can foster...
Egypt and Qatar commit to a $7.5 billion investment partnership.
The agreement was made during Egyptian President Abdel Fattah al-Sissi’s visit to Qatar.
The two countries aim to enhance economic cooperation and foster sustainable growth.
Yesterday, Egypt and Qatar announced a plan for Qatari direct investments worth $7.5 billion in Egypt. This initiative is part of their...
BCEAO has ended its special accounting treatment for Niger’s government bonds, effective April 15, 2025.
This move threatens banks in the West African Monetary Union (WAMU), many of which are heavily exposed to Niger's debt, which represented 9% of debt issued in the region.
The end of the exemption could force several banks to adjust their capital buffers and provisions.
The...
• The U.S.-China trade war threatens Africa’s economy, disrupting supply chains and affecting commodity exports.• The African Continental Free Trade Area (AfCFTA) is seen as a key strategy to protect African economies and reduce dependency on external powers.• The African Union's creation of an African Units of Account (AUA) aims to reduce reliance on foreign currencies and enhance...
Safaricom Ethiopia, AMREF Health Africa, an Africa-based international non-governmental organization, and the Vodafone Foundation have launched the Talent Cloud Scholarship aimed at equipping young Ethiopians aged 18–35 with hands-on skills in software development, data science, and AI.
The scholarship is a fully funded, one-year online program. It offers Self-paced learning across leading...