In a West African financial landscape marked by tighter regulation of the fintech sector, digital financial companies must innovate to continue growing....
Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Africa, Nigeria, and Namibia also ranked. Rankings mix...
85% of West Africa’s $10B food trade is informal, per OECD. Staples like cereals and tubers dominate informal trade, missing from official...
Border carbon taxes planned by rich nations threaten more than 500,000 South African jobs 78% of South Africa’s exports go to countries with net-zero...
Since its launch in 2022, the Pan-African Payment and Settlement System (PAPSS), designed to simplify cross-border transactions between African countries,...
Agence Ecofin, widely regarded as the leading French-language source for pan-African economic reporting, is now aiming higher: to become the top economic...
• Nigeria ranks 61st globally, topping Africa in 2025 energy transition progress• WEF index highlights reforms, clean energy investment, and localized...
• Sierra Leone’s President Julius Maada Bio elected ECOWAS Chair• Warns of democratic, economic challenges.• Pledges focus on reform, security,...
While sustainable aviation fuel (SAF) is gaining momentum globally, Africa is lagging behind. Prohibitive costs, a lack of infrastructure, and a reliance...
Sonko signed industry, housing, and transport deals in China on June 22. He urged Chinese investment; 2023 FDI hit CFA665B. China-Senegal...
Traffic congestion costs African economies an estimated $314 billion annually, according to a report by the French multinational Alstom. This figure...
Laurent Gbagbo’s PPA-CI and Tidjane Thiam’s PDCI have joined forces to challenge what they call a rigged Ivorian presidential election process. Both...
Highlights: Moody's confirms confidence in Bank of Africa's Moroccan operations but raises concerns over asset quality in Sub-Saharan Africa BOA's...
DRC and Rwanda to sign U.S.-backed peace deal on June 27 Pact covers disarmament, refugees, and economic ties Tensions driven by rebels,...
President William Ruto signs law strengthening financial crime enforcement Reform addresses FATF gray listing and enhances oversight in real estate...
Wilmar to buy out PZ Cussons’ 50% stake in PZ Wilmar for $70 million Acquisition includes 26,500 hectares of plantations and a 1,000-ton/day...
Mali begins building gold refinery with Russia’s Yadran; key project details remain undisclosed. Refinery capacity exceeds Mali’s output; neighbors...
• Nigeria ranks 61st globally, topping Africa in 2025 energy transition progress• WEF index highlights reforms, clean energy investment, and localized strategies• Sweden, Finland, and Denmark remain...
While sustainable aviation fuel (SAF) is gaining momentum globally, Africa is lagging behind. Prohibitive costs, a lack of infrastructure, and a reliance...
• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfakes could destabilize Africa's democracies and...
• Ouattara delayed announcing 2025 candidacy, promises decision soon.• RHDP backs him; opposition calls the run unconstitutional.• A fourth bid may...
Laurent Gbagbo’s PPA-CI and Tidjane Thiam’s PDCI have joined forces to challenge what they call a rigged Ivorian presidential election process. Both...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital financial companies must innovate to continue growing....
• Morocco launches cannabis research on Beldia with UM6P and ANRAC.• Focus on genome, medical use, training, and sustainability.• Exports rising, 4,082...
• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfakes could destabilize Africa's democracies and...
• Ouattara delayed announcing 2025 candidacy, promises decision soon.• RHDP backs him; opposition calls the run unconstitutional.• A fourth bid may...
Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Africa remains the region with the most conflicts...
Highlights: Asante aims to raise $470 million through loans and equity for expansion Targeting 500,000 ounces of gold output by 2028 from...
Algeria allows foreign firms up to 80% in mining projects to cut hydrocarbon reliance. State firms retain 20% minimum stake with 30-year permits...
Oasis Capital sold its 16.12% stake in Mansa Bank Côte d’Ivoire The exit marks the second divestment by Oasis Africa Fund I Mansa Bank’s...
• Nsia Banque to launch securitizations in 5 West African countries to fund SMEs• Securitization frees credit by converting receivables into securities•...
• IMF approves Burkina Faso’s third ECF review, unlocking $32.8M; total aid nears $131M• Growth hit 5% in 2024, seen slowing to 4.2% in 2025;...
Key Highlights • Somalia inaugurates its first stock exchange, the National Securities Exchange of Somalia (NSES), in Mogadishu. • NSES will start...
Key Highlights: • Master Plastics receives undisclosed funding from Nedbank and Investec to expand sustainable packaging production. • Metier Capital...
• Angola and Namibia to connect Lubango to Santa Clara via 275 km railway• Project to be developed under a public-private partnership model• Initiative...
• Kenya eyes Chinese bond market to finance 475 km railway extension• SGR expansion to Uganda delayed due to lack of funding• Project aims to cut...
(AfDB)-Egypt's first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak...
African Development Bank to support Ghana’s large-scale infrastructure drive Plan seeks to mobilize pension fund assets and boost regional...
Kenya accelerates airport infrastructure to expand freight capacity and exports Major projects underway at JKIA, Moi, and Eldoret to support trade...
Highlights: IDA grants $100 million concessional loan for urban mobility reform in Senegal Project to integrate BRT, TER, and formalized bus...
(AfDB)-The Board of Directors of the African Development Bank Group has approved a €19.6 million financing package to support the Cabeólica Phase II...
East Africa accounted for 71% of global off-grid solar kit sales in 2024 West and Central Africa saw steep declines due to inflation and currency...
West Africa is Africa's primary cotton production hub. While Benin and Mali remain the undisputed leaders, Côte d’Ivoire and Burkina Faso are engaged in a...
• US tariffs on Tunisian olive oil could reduce competitiveness from July• Tunisia may lose ground to EU suppliers and emerging exporters like Turkey• OTE...
Key Highlights: • Olam Agri to onboard 5,000 small-scale farmers in Kwara State under a new soybean supply initiative. • Partnership with IDH and...
Key Highlights: • Kenya allocates $27 million to renovate 19 tea factories as part of sector reforms.• Producers can now sell tea directly on...
Rwanda targets $335.4 million in private capital to strengthen climate resilience in agriculture The plan aims to support 170,200 farmers and...
From July 14, 2025, palm oil importers in Ghana must register and obtain permits The move aims to stabilize the domestic market and protect local...
Highlights: • World Bank urges Niger to boost irrigation as climate shocks threaten food security. • Just 2% of farmland is irrigated, yet it produces a...
• USDA forecasts 8% increase in paddy rice output, reaching 2.96 million tons• Cultivated area projected to expand 8% to 850,000 hectares• Improved...
• TDB, TDF, and World Bank launch ASCENT to provide energy to 3 million people• Burn and Ignite Power sign first deals to deploy clean cooking and solar...
Namibia signed an MoU with U.S. firm NANO Nuclear to boost uranium processing. The deal adds the U.S. to Namibia’s talks with China and Russia on...
Hasetins plans to build a 12,000-ton rare earths plant in Nigeria’s Nasarawa State The $400 million investment raises questions over project...
Highlights: • Kenya leads Africa’s 2024 Electricity Regulatory Index alongside Senegal• Strong reforms and governance praised but families face high...
• Didievi gold resources rise to 989,000 oz, up 119%.• Based on Blaffo Guetto deposit, below 1M oz target.• New drilling set for July to expand...
• DR Congo extends cobalt export ban by 3 months.• Prices up 45% since February to $30,200/ton.• Quotas may replace ban in future review. The...
Highlights : • Nigeria secures €20 million from Germany to support its energy transition• The funds will promote renewables, expand...
Key Highlights Niger’s government has seized full control of SOMAÏR, its only active uranium mine, stripping Orano of its 63.4% stake. Officials...
• IFC lends $425M to Maroc Telecom for Chad and Mali networks.• Funds target 4G rollout and Mobile Money expansion.• Move backs Africa’s digital...
The announcement highlights the growing role of public-private partnerships in driving Africa’s digital transformation and underscores Comoros’ ambition...
African agriculture still faces barriers to food self-sufficiency. As mechanization drove the Industrial Revolution, digital technology now offers...
Highlights : EU and EIB provide CFA27 billion to fund Congo’s Digital Acceleration Project (PATN) Investment targets education, health...
• PowerTel and Paratus Zimbabwe partner to deploy high-capacity national fiber network• First phase to connect Plumtree, Bulawayo, and Livingstone within...
• FDSUT calls for increased funding to expand digital connectivity projects• 1,550 localities to be connected to 4G by 2028, reaching 2.6 million people•...
NEWSWIRE
TAAG signs Boeing deal for fleet and tech upgrades. Includes training, digital tools, and local maintenance. Aims to boost Angola's aviation...
Kenya and Senegal share the top spot in the 2024 African Electricity Regulatory Index published by the African Development Bank (AfDB) on June 20, 2025....
• Algeria to launch 40 new digital specialties in vocational training from next academic year• Plan aligns with national goal to train 500,000 ICT...
Burkina Faso to expand vocational education to support industrial growth Plan targets skilled labor shortages and youth unemployment Strategy...
Government seeks to revise unemployment metrics to reflect informal labor Official jobless rate at 32.9% may drop to 10% if informal work is...
NEWSWIRE
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Onafriq and PAPSS Launch Cross-Border Payment Pilot in Ghana to Boost SME Access
09:48
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Togo Deploys Electric Motorcycles for Public Couriers to Cut Emissions
09:39
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Tunisian Olive Oil Exports at Risk as US Tariff Grace Period Nears End
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Gabon Freezes Tax Breaks Following $1.7 Billion Shortfall Over Three Years
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Morocco Signs Agreements to Boost Local Beldia Cannabis Industry
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Nigeria Ranks First in Africa for Energy Transition Progress, Says WEF
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Cameroon Launches BankCompar to Track Real Loan Costs and Bank Fees
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ANOR Budget Set to Hit CFAF15Bln in 2025
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Togo’s Tax Revenues Rise 5.8% to CFAF258Bln in Q1 2025
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Cameroon Attracts CFAF529B in FDIs in 2024, Ranking 4th in Central Africa
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• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...
Lion Group to explore and exploit gold, copper, and manganese in Algeria Malaysian firm plans...
Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Afric...
Ucamwal plans three new funds in Côte d’Ivoire, including Halal and women-focused options Two...
Tucked away in northeastern Chad, deep in the heart of the Sahara Desert, the Ennedi Massif stands as an extraordinary natural and cultural marvel. This...
Kakum National Park is a protected area located in Ghana’s Central Region, near the city of Cape Coast. Established as a forest reserve in 1931 and...
