West Africa has been pushing to accelerate its industrialization through large-scale projects. However, access to financing remains a major challenge....
As digital transformation accelerates across Africa, so too do concerns about the rising tide of cyber threats. Ecofin Agency recently spoke with Babel...
In this interview with Agence Ecofin, Abdourahman Ali Abdillahi, CEO of Air Djibouti, discusses the national carrier's unprecedented choice to voluntarily...
Rwanda tops 40 Sub-Saharan African countries in policy and institutional quality Benin, Côte d’Ivoire, Cape Verde, and Kenya follow with strong...
In Africa, the private sector is widely seen as the main engine of industrialization and plays a central role in the long-term development strategies of...
• Digital nomadism is expanding rapidly, with over 80 million nomads globally in 2025• Africa is drawing growing interest due to affordable living,...
• Afreximbank announced $1.35B in financing for Nigeria’s Dangote refinery, part of a $4B syndicated deal.• The 650,000 bpd refinery has...
• Trump's tariffs add to EU barriers, hindering African exports beyond commodities.• Asia/Middle East offer limited non-raw trade due to robust local...
For those who hoped to one day live in Wakanda, the dream of Akon City is over. The planned smart, eco-friendly city in Senegal, inspired by the fictional...
• Ivory Coast is said to be negotiating a €800M syndicated loan with Standard Chartered and Société Générale, backed by MIGA and AfDB, to refinance...
• US reduced initial April rates (up to 50%) to 10-30% in August for some African nations, exempting minerals/oil, via negotiations to address trade...
• Esri, Space42, and Microsoft launched Map Africa to map all 54 African countries.• Space42 provides imagery, Esri offers mapping tools, Microsoft hosts...
• DRC signed a €43M deal with FC Barcelona, adding to earlier partnerships with AC Milan and AS Monaco, totaling €89.8M.• The deals face...
Resolute Mining’s gold production in West Africa fell 9% in H1 2025, totaling 151,460 ounces versus 167,140 ounces in...
MTN Rwanda invests heavily in network upgrades but faces growing service quality problems. The Rwandan regulator RURA summoned MTN after two days...
• IMF lifts Sub-Saharan Africa’s 2025 growth forecast to 4.0 %, a 0.2-point bump that adds an estimated US$3.6 billion in real GDP versus April.•...
• Mali seeks $176M via WAEMU bond offering launched July 28, with 7- and 5-year tranches at 6.55% and 6.35%.• Funds aim to ease fiscal pressure amid...
• Afreximbank announced $1.35B in financing for Nigeria’s Dangote refinery, part of a $4B syndicated deal.• The 650,000 bpd refinery has faced $3.65B in debt and a Fitch ratings...
For those who hoped to one day live in Wakanda, the dream of Akon City is over. The planned smart, eco-friendly city in Senegal, inspired by the fictional...
As new oil discoveries continue off the coast of Namibia, authorities are refining their strategy to ensure the economic benefits of this windfall are not...
A new bilateral commission will oversee energy, education, and security projects. The initiative follows President Traoré’s visit to Russia in May...
• Esri, Space42, and Microsoft launched Map Africa to map all 54 African countries.• Space42 provides imagery, Esri offers mapping tools, Microsoft hosts...
West Africa has been pushing to accelerate its industrialization through large-scale projects. However, access to financing remains a major challenge....
• OCP will increase its TSP production to 7 million tonnes by end-2025.• The Moroccan group aims to add 9 million tonnes of total fertilizer capacity by...
As new oil discoveries continue off the coast of Namibia, authorities are refining their strategy to ensure the economic benefits of this windfall are not...
A new bilateral commission will oversee energy, education, and security projects. The initiative follows President Traoré’s visit to Russia in May...
A new report warns that Africa’s barter deals trading minerals for security risk long-term sovereignty and revenues. The study highlights a recent...
The World Bank approved $200 million via IDA for Zambia’s energy programme ASCENT. The project aims to bring reliable electricity to over 1...
Africa’s 2024 FDI jumped to USD 97 bn (+75 %), but almost two-thirds came from Egypt’s USD 35 bn Ras El-Hekma smart-city; excluding it, growth was...
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfers and payments to be available 24/7 across all...
• The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and ease fiscal pressure.• Targets long-term...
Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top banks (54% assets) holds 75% of bad...
• COBAC orders CEMAC banks & MFIs to comply with Islamic-finance rules by 31 Dec 2025, using only approved Islamic windows.• Regulation 04/22/22 defines...
• Attijariwafa Bank’s H1 2025 net income rose 19.8% to 5.9B dirhams.• Strong loan growth and lower risk costs boosted performance.• Operating cash...
Mauritius plans to reach 60% renewable energy by 2030 but faces a looming 100 MW electricity deficit. The government calls for installation of a...
• Belgian investor Victoria Equity injected $6.2M loan, proposing share conversion that would dilute State control.• Minister Bussa urges matching...
After years of discussion, the plan for a rail connection between Botswana and Zambia is now entering a critical phase. This segment's development is part...
African airline traffic fell 0.3% year-on-year in June Conflict between Israel and Iran weighs on global travel Global passenger demand up...
• Ain Sokhna port received new cranes for Terminal 1, set to launch by year-end.• The terminal, led by Hutchison Ports, will handle 3.5M TEUs annually.•...
• Tanzania opens Kwala dry port July 31 to ease Dar es Salaam congestion.• Rail link boosts trade with Rwanda, Burundi, and DRC.• Part of broader...
• The terminal will add 1,000 meters of quay, a 4,000-square-meter office complex, warehouses, workshops, and 120,000-ton grain silos. • Phased...
South Africa granted Transnet a new 94.8 billion rand ($5.3B) guarantee to aid its recovery. Rail freight dropped to 152M tons in 2023/24, down...
• Ghana has set the 2025/2026 cocoa farmgate price at $5,040 per ton, up 62.5% year-on-year.• Cocoa farmers say the new rate still falls short of...
In Africa, transportation can account for up to 45% of the cost of some goods. Most trade is conducted over land, and resolving bottlenecks at border...
• Mauritania signed a $446 million deal to build a large-scale sugar production complex.• The project aims to produce 250,000 tonnes of sugar...
The government of Côte d’Ivoire will allocate CFA25.3 billion (about $44 million) to support its cotton sector in the 2025/2026 season, Agriculture...
• FAO and Japan to provide $1.2 million to support Côte d’Ivoire’s rice digitalization.• Funding builds on existing tools like the Orange Agritech...
Senegal plans to launch a national wheat strategy to support local production. Eight local wheat varieties have been developed and tested since...
The female cocoa chief advocates for a price of 4,500–5,000 cedis per sack compared to COCOBOD’s 3,100 price. Farmers worldwide are pushing for a...
• Kenya plans tea export deal with Algeria, discussed at UN summit.• Part of effort to diversify markets beyond top 10 buyers.• Algeria's tea market is...
Solarcentury has launched the first 25 MW phase of the Mailo solar project. Electricity is now sold on the Southern African Power Pool without a...
NDPHC aims to commercialize 200 MW from idle plants, pending regulator approval. Nigeria generates only 4,000-6,000 MW despite 14,000 MW...
Rosatom plans to begin production at Mkuju River uranium project by 2029. Construction is set to start in Q1 2026, with annual output of up to...
• Ghana’s oil revenues fell 56% to $370.6 million in the first half of 2025.• Crude oil production dropped 25.5%, from 3.77 million to 2.81 million...
Siguiri mine produced 165,000 ounces in H1 2025 Output rose 28% year-on-year; Q1 alone saw +67% Production surge driven by higher ore...
B2Gold expects to produce 180,000 ounces of gold annually from 2026 to 2029 at Fekola Regional. A mining permit is expected by Q3 2025, with...
Morocco reclaims top spot in Africa’s mining attractiveness rankings, placing 18th globally. The country improved sharply in mining policy...
West African Resources’ Sanbrado gold mine revenues rose 38% in H1 2025, reaching A$472.1 million due to higher gold prices. The average gold...
The BOOST program is a significant milestone for Cabo Verde’s digital and economic development, especially as the country positions itself as a rising...
• Glo launched a network upgrade plan after a 50% telecom tariff hike.• It aims to add 1,000+ 4G sites and adopt hybrid energy solutions.• With 20.6M...
The Medusa Submarine Cable System is a critical investment in the region’s digital future, especially at a time when demand for data and bandwidth is...
The scope of future digital cooperation with Turkey is yet to be defined. Gabon set four priorities: modernise public administration, expand...
(ETHIO TELECOM)-At a media event held at the Ethiopian Science Museum, Ethio Telecom CEO Frehiwot Tamiru presented the company’s 2024/25 fiscal year...
Government ramps up e-services, digital ID, and payments, but rural gaps remain Highlights: ● Over 900 government services digitized under "Digital...
NEWSWIRE
• Ghana will introduce a scholarship program for children of cocoa farmers starting in 2026.• COCOBOD will manage the initiative, with first awards set...
MTN Uganda, MTN Mobile Money and the Uganda Hotel Owners Association signed an MoU on 1 August 2025 to digitise operations across more than 780 hotels...
• Nigerian startup Upgraded Era launched Hack365 Global, a cybersecurity training program for young West Africans.• Hack365 equips trainees with technical...
• A $15.77 million program supports rural youth with training and startup aid• 65 young entrepreneurs will receive coaching and funding in four...
• Orange Money’s 100 million active accounts will host JUMO’s AI credit engine, issuing $5–$500 loans repayable automatically from wallet...
NEWSWIRE
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MTN Group On A MoU To Accelerate Hospitality Services Digitization in Uganda
16:16
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Togo and China: Maritime Region and Shandong Province Eye Local-Level Collaboration
15:00
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Kenya, Microsoft Deepen Talks on Digital Transformation and AI Integration
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Ghana to fund college scholarships for children of cocoa farmers in 2026
11:52
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BEAC launches app to fight fake banknotes in CEMAC region
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Ghana raises cocoa farmgate price by 62.5% for 2025/26 season
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Cameroon’s Debt to China Now 2.5 Times That Owed to France
10:44
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BCEAO to Roll Out New Platform for 24/7 Instant Transfers in West Africa
10:39
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Squirrel Away Turns Birthday Gifts Into Long-Term Investments
09:44
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Senegal's Force-N Program Launches Steering Committee to Boost Digital Jobs
09:01
What seemed like a routine administrative matter has drawn Madagascar into an international controve...
• Mali seeks $176M via WAEMU bond offering launched July 28, with 7- and 5-year tranches at 6.5...
• Ivory Coast is said to be negotiating a €800M syndicated loan with Standard Chartered and Soc...
Located on the southeastern coast of Zanzibar, Jambiani is a coastal village that captivates visitor...
Garamba National Park, located in the northeastern Democratic Republic of Congo, is one of Africa’s oldest and most iconic protected areas. Established in...
Perched in the rugged heights of the Djebel Nefoussa in northwestern Libya, Qasr Al Haji (also spelled Ghasr Al-Hajj) is a striking example of traditional...
