In Nigeria, as in much of Africa, weaknesses in the seed sector remain a major constraint on the productivity of staple crops such as rice and maize. As...
By Jacques Assahoré Konan, Minister of Environment, Sustainable Development and Ecological Transition, and Blerta Cela, UNDP Resident Representative in...
In Cotonou, at the Regional Summit on Digital Transformation, ministers, regulators and technical partners debated the digital future of West and Central...
In 2024, Benin’s authorities announced a coming ban on imports of frozen chicken and table eggs, saying the move aims to boost and better organize local...
Pit Baccardi, co-founder of the Salon des Industries Musicales d’Afrique Francophone (SIMA) and a Cameroonian native, was in Cotonou for the second...
Benin hosted the first Regional Summit on Digital Transformation in West and Central Africa, gathering officials from about 20 countries to discuss issues...
Nigeria plans to finance a record ₦23.85tn deficit ($15.9bn) domestically in 2026, keeping sovereign yields high and prospectively, boosting banks’...
Ghana bans mining in forest reserves, reversing 2022 law Civil groups welcome repeal but urge strong enforcement, legal amendments Concerns persist...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid population growth and major challenges such as climate...
Barrick regains control of Mali’s Loulo-Gounkoto gold mine after dispute Deal ends legal actions; Barrick to pay Mali $436 million Production...
Africa supplied only 7% of US cashew kernel imports in 2024 Vietnam accounted for about 89% and is set to benefit most African exporters...
AfDB portfolio under review against a macroeconomic backdrop of modest growth and disinflation IMF data confirm real GDP expansion around 4–5%...
While Burkina Faso, Mali and Niger remain legally members of the West African Economic and Monetary Union (WAEMU), financial markets are beginning to tell...
In Africa, seed systems face multiple challenges, including low adoption of certified planting material, a shortage of quality assurance laboratories and...
Ghana’s public debt fell to about 61.8% of GDP in 2024, supported by fiscal consolidation and debt restructuring Inflation dropped sharply...
Senegal inaugurates first military vehicle assembly plant in Diamniadio Project partners with South Korea to cut reliance on imported defence...
Budgetary tensions in Senegal have renewed concerns about banking contagion within the West African Economic and Monetary Union (WAEMU). Despite a sharp...
Nigeria plans to finance a record ₦23.85tn deficit ($15.9bn) domestically in 2026, keeping sovereign yields high and prospectively, boosting banks’ interest income. With rates elevated and inflation...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid population growth and major challenges such as climate...
Angola’s Lobito Corridor is a key element of the U.S. strategy to source critical minerals, offering a transport route for copper exports from the...
Nigeria’s FX reserves have risen sharply, yet the naira remains weak, revealing a structural mismatch between dollar inflows and the economy’s real...
AfDB portfolio under review against a macroeconomic backdrop of modest growth and disinflation IMF data confirm real GDP expansion around 4–5%...
In Nigeria, as in much of Africa, weaknesses in the seed sector remain a major constraint on the productivity of staple crops such as rice and maize. As...
Senegal launches Agropole Centre to boost central-region agro-processing CFA 107.4 billion project targets cereals, peanuts, salt value addition Zone...
Angola’s Lobito Corridor is a key element of the U.S. strategy to source critical minerals, offering a transport route for copper exports from the...
Nigeria’s FX reserves have risen sharply, yet the naira remains weak, revealing a structural mismatch between dollar inflows and the economy’s real...
Montage secures Wendé permit, expanding Côte d’Ivoire exploration footprint Koné project advances toward 2027 commissioning as $800 million...
Uganda seeks parliamentary approval for $2 billion Vitol-backed UNOC loan Funds target oil infrastructure projects and national road...
Smart Africa and Ascend Digital Solutions are piloting the Smart Africa Data Exchange (SADX) in Benin, Ghana, and Rwanda to enable secure cross-border data sharing and digital ID...
Works launched on a 1,950-hectare pasture site in southeastern Guinea Project targets improved pastoral management and fewer farmer-herder disputes Government plans up to 20,000 hectares of...
Zimbabwe limits 10% gold royalty to prices above $5,000/oz from 2026 Caledonia says financial balance depends on gold staying below that level Banks forecast gold could...
Libreville announces a broad review of mining contracts and payments Audit aligns with talks toward a possible IMF financing program Move follows a similar initiative launched by Ghana in...
New CFA9.74 billion cashew plant boosts local processing capacity Raw nut supply remains tight despite rising industrial capacity Government tests export curbs to support domestic...
Talks opened with Canada’s University of British Columbia on sector reforms Cooperation would focus on data, subsidies, and blue economy governance Fish output remains below past highs,...
Five-year reserve-based facility signed in Abuja on December 20 Funding combines debt refinancing with new capital for upstream growth Output target set at about 100,000 barrels per...
Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reached CFA443.6 billion by October 2025, up sharply from 2024 IMF program seen as unlikely due to...
Chad requests technical and institutional support from Algeria Talks focused on skills transfer, with no investment deals announced Hydrocarbons remain central to exports and public revenue Chad...
Lawmakers back $87.6 million prefunding for 87 km Kayunga–Bbaale–Galiraya road China Road and Bridge Corporation to design and build project over 24 months Project includes bridge and ferry...
Central bank launches project for real-time transfers across banks and mobile wallets System aims to speed government payments and improve business cash management Guinea targets future links with...
Nigeria plans to finance a record ₦23.85tn deficit ($15.9bn) domestically in 2026, keeping sovereign yields high and prospectively, boosting banks’ interest income. With rates elevated and inflation...
Senegal launches Agropole Centre to boost central-region agro-processing CFA 107.4 billion project targets cereals, peanuts, salt value addition Zone aims to create jobs, cut food imports, support...
Standard Chartered finalized a FCFA 51.7 billion ($86 million) loan to build rubber and palm oil factories for the state-owned CDC. Repayment is secured by future export revenues, ensuring financial...
In this week’s health update, the Africa CDC is turning to drone-based logistics to expand access to vaccines and essential medicines, while researchers in West Africa are testing the use of artificial...
Gabon raises CFA 106.5 billion in oversubscribed bond issuance Two tranches fund infrastructure, health, education, housing projects Strong regional demand boosts confidence despite rising public...
Nigeria’s SEC approves FCMB-TLG Private Debt Fund Series II launch Fund targets ₦20 billion for corporate debt to mid-sized firms Strategy focuses on ESG-aligned sectors and local-currency SME...
Islamic Development Bank funds €306.9 million Benin-Togo corridor road upgrade Project modernises key Cotonou-Lomé trade route, easing cross-border bottlenecks Joint border posts cut truck...
BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km, boosting regional trade and transport links Road seen as strategic for security, supply chains, and...
Ghana bans mining in forest reserves, reversing 2022 law Civil groups welcome repeal but urge strong enforcement, legal amendments Concerns persist over existing permits and major mining...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid population growth and major challenges such as climate change. While policy measures and commitments have been...
In the wake of rising gold prices, several mining companies are accelerating the development of new projects. In Zimbabwe, U.S.-based Namib Minerals operates a small gold mine but is pursuing far larger...
Benin approves construction contract for Cotonou Cultural and Creative Quarter 12-hectare site to boost arts, cultural industries, and international exchange Project aims to position Cotonou as a...
Denmark’s UPF Group opens logistics office in Douala, Cameroon Move expands African footprint, targeting stronger regional service and reach Entry adds competition in key trade hub alongside players...
Agreement supports marine protection, funding access, and blue economy growth Draft law approved by ministers, now awaits parliamentary vote Togo has launched the ratification process for the BBNJ...
Cameroon to overhaul transport licensing under World Bank-backed corridor project New system aims to boost efficiency on Douala-N’Djamena trade route Reforms include operator training, regulatory...
DRC warns mining firms over fuel inspections tied to subsidy reform New law bans subsidised fuel use in mining, ends tax exemptions Fuel import revenues surged 1,500% after enforcement began in August...
Madagascar begins drafting national cybersecurity strategy amid rising digital use Strategy to address cyber threats, child protection, and digital justice issues Aims to upgrade outdated laws, boost...
Angola’s Lobito Corridor is a key element of the U.S. strategy to source critical minerals, offering a transport route for copper exports from the Democratic Republic of Congo and Zambia. The U.S....
Prometeon to build $300M tire plant in Egypt’s free zone New facility targets truck, machinery, and tractor tire production $400M also planned to expand and upgrade existing Al-Amiriya...
Togo launches cash transfer programme for over 700,000 vulnerable households Each household to receive 25,000 CFA via mobile money platforms Programme also targets youth jobs and women’s economic...
Centres focus on key sectors like tech, textiles, and food processing Aim is to cut 29.7% youth unemployment and align skills with jobs Algeria on Wednesday launched a national network of 18 centres...
Senegalese groups urge decentralized energy to close rural electrification gaps 30% of rural areas lack power despite 84% national access rate Civil society backs solar mini-grids as key to meeting...
ACWA Power, AfDB sign deal to develop energy, water projects in Africa Partnership targets $5 billion in financing by 2030, focusing on renewables Deal supports electrification of Sub-Saharan...
Senegal to cap imported rice price at 300 CFA/kg from 2026 Government aims to ease living costs amid rising global rice prices 80% of Senegal’s rice imports come from Asia, mainly Thailand, India,...
Barrick regains control of Mali’s Loulo-Gounkoto gold mine after dispute Deal ends legal actions; Barrick to pay Mali $436 million Production restart planned; mine may rejoin 2026 output...
Zambia expects a $190 million IMF disbursement, pending board approval of the latest Extended Credit Facility reviews. The government targets a primary surplus of 2.2% of GDP in 2025 on higher...
FONAP rolls out apprenticeship-based training for 1,000 young people Program targets construction, automotive, energy, and agropastoral skills Initiative aims to boost employability amid labor market...
Algeria launched a national network of 18 centers of excellence to develop skills and promote innovation. The centers target strategic sectors including agribusiness, textiles, digital...
Government authorizes Starlink to launch satellite internet services Authorities see gains for rural connectivity, public services, and e-learning High costs and weak power infrastructure remain key...
South Africa ranks first in Africa with a global score of 43.4 points Mauritius and Morocco complete Africa’s top three in the VIGS 2025 index Sub-Saharan Africa posts strongest relative growth...
President Salva Kiir grants full authority to e-services council All public institutions expected to adopt digital systems by January 2025 Country still ranks near bottom of UN e-government...
ITIE-Gabon reorganized to clear reporting delays and meet global standards Authorities aim to publish overdue 2023 and 2024 extractive revenue reports Extractive sector remains central to...
Wärtsilä renews three-year O&M contract for Tasiast mine power plant Agreement covers a 60 MW hybrid power facility operating since 2013 Deal follows another three-year performance contract with...
16 African countries and two regional blocs are implementing energy data reforms under an African Union programme launched in Dakar. Over 600 million Africans lack access to electricity, according...
Africa supplied only 7% of US cashew kernel imports in 2024 Vietnam accounted for about 89% and is set to benefit most African exporters continue to favor Europe for higher prices The...
1,000 MW solar plant with 600 MWh battery storage planned in Aswan Project cost exceeds $700 million, with $570 million in senior debt Facility expected to start operations in June...
New projects totaling 1.7 GW to be launched starting in 2026 Program supports Masen target of nearly 5 GW by 2030 Renewables aimed to exceed 52% of installed power capacity by...
Regional cereal harvest forecast at 34.8 million tons in 2025 Egypt accounts for about 70% of total regional output Morocco remains below its five-year average due to prolonged drought In...
Nigeria’s FX reserves have risen sharply, yet the naira remains weak, revealing a structural mismatch between dollar inflows and the economy’s real foreign exchange needs. Inflation has eased...
Public debt rose to CFA8,606.6 billion by end-October 2025 Domestic debt now exceeds CFA4,391 billion, driven by regional markets Debt arrears climbed to CFA443.6 billion, raising...
SDSI 2026–2030 includes 44 projects with a budget of CFA10.156 billion Plan targets IT governance, security, and public service efficiency Rollout aligns with rising national spending on...
Harare has scrapped a planned royalty hike, keeping the rate at 5% for gold prices under $5,000/oz to ensure operational viability. Official data shows gold deliveries surged 37% to nearly...
AfDB portfolio under review against a macroeconomic backdrop of modest growth and disinflation IMF data confirm real GDP expansion around 4–5% through 2025–26, with inflation near historic...
Egypt and Canada signed three projects worth about EGP 552 million ($11.5 million) focused on women’s empowerment and food security. UNHCR and UNICEF will implement two projects targeting...
Togo cut projected 2025 budget revenue by 1% to CFA1,472 billion while raising spending by 2.3% to CFA1,717.1 billion. The revised budget shows a fiscal deficit of CFA245.1 billion, fully...
Togolese banks granted CFA903 billion in new loans by end-September 2025, up 22% year on year. The National Credit Council cited sustained confidence in the economy despite global...
Ecobank and Coris Bank dominate WAEMU public securities market Ecobank leads largest, liquid markets; Coris strong in Sahelian states Banks play growing role as governments raise record...
Five-year reserve-based facility signed in Abuja on December 20 Funding combines debt refinancing with new capital for upstream growth Output...
Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reached CFA443.6 billion by October 2025, up sharply from...
Central bank launches project for real-time transfers across banks and mobile wallets System aims to speed government payments and improve business...
Gabon raises CFA 106.5 billion in oversubscribed bond issuance Two tranches fund infrastructure, health, education, housing projects Strong regional...
Nigeria’s SEC approves FCMB-TLG Private Debt Fund Series II launch Fund targets ₦20 billion for corporate debt to mid-sized firms Strategy focuses on...
Cape Winelands Airport appoints WBHO for 8 billion rand airport development Detailed engineering phase begins ahead of planned 2026 construction...
Burkina Faso launches Ouagadougou-Bobo-Dioulasso expressway construction State-funded 332-kilometre highway to cut travel time and boost trade Project...
Egypt unveils first locally produced Nasr Star minibuses El Nasr Automotive restarts production after more than 15 years Vehicles made with over 70%...
BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km, boosting regional trade and transport links Road...
Lawmakers back $87.6 million prefunding for 87 km Kayunga–Bbaale–Galiraya road China Road and Bridge Corporation to design and build project over...
Islamic Development Bank funds €306.9 million Benin-Togo corridor road upgrade Project modernises key Cotonou-Lomé trade route, easing...
Trial phase begins with arrival of CMA CGM HELIUM Terminal targets capacity of up to 3.5 million TEUs per year Project supports Egypt’s push to become...
€200m approved to modernize the Tafiré–Ferkessédougou section of national road A3 Project targets a key link between the port of Abidjan and the...
New CFA9.74 billion cashew plant boosts local processing capacity Raw nut supply remains tight despite rising industrial capacity Government...
Works launched on a 1,950-hectare pasture site in southeastern Guinea Project targets improved pastoral management and fewer farmer-herder...
Talks opened with Canada’s University of British Columbia on sector reforms Cooperation would focus on data, subsidies, and blue economy...
Standard Chartered finalized a FCFA 51.7 billion ($86 million) loan to build rubber and palm oil factories for the state-owned CDC. Repayment is...
Senegal to cap imported rice price at 300 CFA/kg from 2026 Government aims to ease living costs amid rising global rice prices 80% of Senegal’s rice...
Regional cereal harvest forecast at 34.8 million tons in 2025 Egypt accounts for about 70% of total regional output Morocco remains below its...
Dozo hunters to help secure herds alongside security forces Agreement responds to thefts affecting thousands of cattle in northern...
Government cuts 2026 PIISAH budget to 12.5 billion CFA francs Reduced funding likely to constrain SME Bank financing for fisheries Import-substitution...
Libreville announces a broad review of mining contracts and payments Audit aligns with talks toward a possible IMF financing program Move...
Chad requests technical and institutional support from Algeria Talks focused on skills transfer, with no investment deals announced Hydrocarbons...
In the wake of rising gold prices, several mining companies are accelerating the development of new projects. In Zimbabwe, U.S.-based Namib Minerals...
16 African countries and two regional blocs are implementing energy data reforms under an African Union programme launched in Dakar. Over 600...
Zimbabwe limits 10% gold royalty to prices above $5,000/oz from 2026 Caledonia says financial balance depends on gold staying below that...
Prometeon to build $300M tire plant in Egypt’s free zone New facility targets truck, machinery, and tractor tire production $400M also planned...
Senegalese groups urge decentralized energy to close rural electrification gaps 30% of rural areas lack power despite 84% national access rate Civil...
ACWA Power, AfDB sign deal to develop energy, water projects in Africa Partnership targets $5 billion in financing by 2030, focusing on...
Smart Africa and Ascend Digital Solutions are piloting the Smart Africa Data Exchange (SADX) in Benin, Ghana, and Rwanda to enable secure cross-border...
Madagascar begins drafting national cybersecurity strategy amid rising digital use Strategy to address cyber threats, child protection, and digital...
President Salva Kiir grants full authority to e-services council All public institutions expected to adopt digital systems by January 2025 Country...
Government partners with Yas to deploy campus Wi-Fi hotspots Rollout starts in Antananarivo and Tuléar before expanding nationwide Project aligns with...
UNICEF-backed pilot trains 30 youths for global gig economy Initiative targets jobs gap amid high youth unemployment and underemployment The...
Helios Investment Partners and Fipar-Holding introduced 3MDC to support Morocco’s digital transformation by merging three local tech firms. 3MDC...
NEWSWIRE
Algeria launched a national network of 18 centers of excellence to develop skills and promote innovation. The centers target strategic sectors...
In this week’s health update, the Africa CDC is turning to drone-based logistics to expand access to vaccines and essential medicines, while researchers...
Togo launches cash transfer programme for over 700,000 vulnerable households Each household to receive 25,000 CFA via mobile money platforms Programme...
FONAP rolls out apprenticeship-based training for 1,000 young people Program targets construction, automotive, energy, and agropastoral...
Mali introduces entrepreneurship training into basic education curriculum Reform aims to promote self-employment, ease pressure on public...
NEWSWIRE
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Togo tax authority and business groups seek closer cooperation
08:35
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Smart Africa, Ascend Digital Launch Platform to Enable Cross-Border Digital Services Across Africa
08:33
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Guinea plans first modern grazing zone in Lola district
08:30
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Dentons Lands in Cameroon as Global Firms Pull Back, Boosting Legal Advisory Market
08:24
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Caledonia warns Zimbabwe gold royalty still risky if prices exceed $5,000
08:12
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Gabon plans mining sector audit in 2025, following Ghana’s reform drive
07:49
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Inside Togo’s Agreement With PFO for the Lomé Ministerial Complex
18:41
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AmCham Urges Cameroonian Firms To Use AfCFTA For Regional Growth
18:25
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Central African Development Bank Seeks Consultant For PPP Framework
18:23
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ECair Cancels Flight, Leaving Passengers Stranded
18:00
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...
Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...
(FEZ–MEKNES REGION) - As AFCON 2025 approaches: the Fez-Meknes region is emerging as one of Morocco’s most strategic tourism hubs, offering strong...
