• Kenya achieved 70% rural electrification at $160–$700 per connection, averaging $500 per household (Kenya REA, 2021).• Nigeria’s $410...
As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin is surprisingly borrowing at more favorable terms than...
Doubling Africa’s R&D to 1% of GDP by 2030 could unlock $60–70 Billion annually in agriculture, tech, and manufacturing. Africa spends <0.5%...
African leaders have pledged to reduce the use of fossil fuels to combat climate change. However, the continent's pressing development needs suggest a...
Mali hosts two lithium mines, Goulamina and Bougouni, which are primarily controlled by Chinese firms that channel their output through local...
It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc note to a vendor to buy 1,650 francs worth of...
• Nigeria’s exports to Togo surged six-fold to ₦812 billion in Q2 2025, overtaking South Africa.• Lower costs, shorter dwell times and CFA franc...
With the Central African Republic's next presidential election approaching and the country facing a fragile economic climate, the opposition is working to...
• Qatar’s Baladna to build $3.5B dairy complex in Algeria• 117,000-hectare farm to house 270,000 cows, cut imports• Project targets late 2027...
• IEA warns of slow progress in Africa's green hydrogen plans• Less than 0.5% of projects in emerging regions have funding• High costs, low renewables,...
• Egypt, Tunisia sign 8 cooperation deals across key sectors• Target set to double trade volume to $1B in two years• Agreements include MoUs on...
Even though it remains the smallest "crypto-economy" in the world, sub-Saharan Africa shows that virtual currencies can be a practical solution to...
• Cameroon generated a GDP of $272 billion in 2019–2024, with agriculture and services driving growth.• Services rose to 55% of GDP, led by telecoms...
• Wema Bank secures 150 billion naira ($100 million) through rights issue.• Capital rises to 214.7 billion naira, above central bank’s 200 billion naira...
World Bank says 70% of IDA21’s $100bn concessional funds may go to Africa, Bloomberg reports. 44 African countries, majority of IDA...
India offers $680M aid to Mauritius for key sectors Funds to support hospital, airport, port, and security Seven bilateral deals signed;...
• South Africa courts Chinese automakers for EV and hybrid investment• Local production lags, 2024 sales 34% below industry target• Govt considers higher...
• Nigeria’s exports to Togo surged six-fold to ₦812 billion in Q2 2025, overtaking South Africa.• Lower costs, shorter dwell times and CFA franc stability make Lomé the preferred trade route.• Togo...
• Qatar’s Baladna to build $3.5B dairy complex in Algeria• 117,000-hectare farm to house 270,000 cows, cut imports• Project targets late 2027...
With about 600 million people lacking electricity access in Africa, nearly half the continent's population, power outages are a frequent part of daily...
The Democratic Republic of Congo, Africa's top tin producer, has repeatedly accused its neighbor Rwanda of re-exporting some of its minerals that were...
Even though it remains the smallest "crypto-economy" in the world, sub-Saharan Africa shows that virtual currencies can be a practical solution to...
• Kenya achieved 70% rural electrification at $160–$700 per connection, averaging $500 per household (Kenya REA, 2021).• Nigeria’s $410...
• Ousmane Sonko urges Senegalese abroad in Milan to back new diaspora bonds funding the PRES.• Bonds offer 3–10 year maturities with yields of 6.4%–6.95%,...
With about 600 million people lacking electricity access in Africa, nearly half the continent's population, power outages are a frequent part of daily...
The Democratic Republic of Congo, Africa's top tin producer, has repeatedly accused its neighbor Rwanda of re-exporting some of its minerals that were...
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africans. What started as a tool for sending and receiving...
South Africa e-commerce to exceed 130B rand in 2025 Sector quadrupled since 2020; now 10% of retail spend Amazon, Shein, Temu drive growth...
• Helios seeks 75-80% stake in Telecom Egypt’s data center• Deal values RDH at up to $260M, pending performance targets• Move expands Helios' data...
• S&P Global Ratings lowered Botswana's sovereign credit rating to BBB from BBB+, maintaining a negative outlook.• The downgrade stems from collapsing...
• Central African Republic seeks $12B for 2024-2028 development plan• 58 projects target agriculture, mining, energy, transport, and health• Goal:...
• Only six of Nigeria's 13 listed banks currently meet the Central Bank of Nigeria's (CBN) new recapitalization requirements.• The CBN significantly...
• Kenyan lender Equity Bank has initiated steps to enter the Ethiopian banking market, recently opened to foreign investment.• Ethiopia offers a market of...
• Adiwale Fund I takes minority stake in Senegal’s Codex SA• Investment to modernize fleet, expand regionally, boost operations• Codex operates Senegal’s...
• Cotonou Port handled 6.7m tons in H1 2025, up 63% year-on-year, despite a slowdown in Q2 activity.• Imports rose 55% to 4.1m tons, while exports...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 2025. Arise IIP fundraising hits $1.25bn in...
• Nigeria will award road construction projects under $13.2 million to local companies.• The policy aims to strengthen the national economy, create...
• Mauritania signs $300M deal for hybrid solar-wind power plant• Project to supply 60 MW continuously, operational by Sept 2026• Aims to reach 100%...
• Ghana launches $1.1B "Big Push" to address infrastructure gap• Funded by oil revenues, mining royalties, and private partnerships• Investment to...
• Gabon starts 244-km road project linking Ngounié, Ogooué-Maritime• EBOMAF awarded contract; state-funded with 48-month timeline• Part of $2.4B...
• Angola launches $81.8M project to rehabilitate 200 km of Huambo roads• Works target key national routes to boost trade and agriculture• Government...
• Chinese company Jetty Automotive Technology inaugurated a new automotive cable manufacturing unit in Borj Cedria, Tunisia, on September 8.• The plant...
• Nigeria targets 12% share of global rubber production• Strategy includes farm expansion, out-grower schemes, processing boost• Goal aims to reduce oil...
• Senegal’s rice imports rise despite tripled domestic production• National demand outpaces supply; imports exceed 1.5M tons in 2022• Country now Africa’s...
• USA Rice promotes American rice at Casablanca seminar with nine African nations.• Africa’s rice imports seen reaching 19.1 mln tons in 2025/26, up 23%...
Mali will host the inaugural Agriculture Development Forum of the Confederation of Sahel States (AES) from September 18–20. The event aims to...
Global rice prices to stay low through early 2026 India to export record 25M tons; stocks hit all-time high Sub-Saharan Africa import demand...
• Anouar Invest begins $53M yeast plant project in El Jadida• Factory to start in 2027, 30% output for export• Plant to use 95% local raw materials,...
• BOA secures $1B Afreximbank deal to fund smallholder farmers• Funds target inputs, mechanization, and food logistics upgrades• Nigeria’s...
ADFMA partners with regional research center WAVE to improve cassava yields Post-harvest losses reach 40% of national output, driven by low yields...
• UBS raises 2025 gold forecast to $3,800 amid rate cut bets• Gold hits $3,643/oz; silver tops $40 for first time since 2011• Central...
• Askari signs agreement to sell Australian gold assets to focus on Africa projects• Proceeds to fund Ethiopia gold acquisition, exploration activities•...
• Africa to receive only 3% of 2025 global energy funds• Clean energy lags as debt absorbs 85% of investment capacity• South, North Africa dominate;...
• Libya, Nigeria revive talks on gas pipeline to Europe via Libya• Proposed 3,300 km route would link to existing Greenstream pipeline• Project aims to...
• Terra Metals has invested in the Nalolo Solar project in Zambia with local and regional partners.• The plant is planned at about 300 megawatts, with...
• Africa holds 30% of global critical mineral reserves but lacks adequate export infrastructure.• Major powers (Japan, US, EU, China) invest billions in...
• BII provides $7.5M to Odyssey for Nigerian solar mini-grids• Funding supports World Bank-backed DARES electrification initiative• 90M Nigerians...
• Africa's gas output fell 17 bcm in 2024• Algeria led decline due to aging production fields• Delays, underinvestment threaten Africa’s export...
• Cabo Verde to roll out nationwide 5G by 2026• Government sees 5G as key to digital, economic growth• Current mobile coverage exceeds 88% for 4G...
• Gabon plans joint venture to expand fiber optic network• Project targets 1,800 km extension, cost-sharing, better coverage• Moov and Airtel partnership...
• Morocco signs deal to develop a national platform for responsible AI.• Project to focus on LLMs tailored to Moroccan language, culture, and law.•...
Ghana and Togo held a joint meeting in Accra from September 9–11, 2025, to improve cross-border frequency management and prevent harmful...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boost coverage and service quality 1,253 villages...
• Mobile coverage grew by 40M people in 2024, mostly in Africa• Sub-Saharan Africa has lowest mobile internet usage, at 25%• High data costs, rural gaps,...
NEWSWIRE
• East African ministers meet to align higher education regionally• Mutual diploma recognition discussed to boost graduate mobility and jobs• Goal: match...
Southwest sells six 737-800s to United Nigeria, with options for four more, in a deal structured by SkyWorks. The agreement includes paid training...
Burkina Faso announced visa-free entry for all African nationals under its 2025 supplementary finance law. The measure seeks to boost tourism,...
The Basketball Africa League (BAL) and Afreximbank expanded their multi-year partnership to enhance financial literacy and support young African...
Afrobarometer: Education boosts demand for accountability in Africa Survey of 54,436 shows educated citizens push transparency, good...
NEWSWIRE
-
Too Little Storage, Too Much Lost: Why Africa’s Food Supply Chains Stay Precarious
13:36
-
Ollo Africa Becomes Togo's First Fintech to Get Regional Banking Approval from BCEAO
12:56
-
Algiers International Airport to Roll Out AI Systems, Targeting Hub Status
12:52
-
Central African Republic Pitches $12 Billion Development Plan At Morocco Forum
12:51
-
Togo's Economy Surges in Late 2024 After Rocky Start
12:44
-
Tapping Oil and Mining Wealth, Ghana Unveils $1.1 Billion Infrastructure Plan
11:54
-
Lome Port Helps Togo Overtaking South Africa as Nigeria’s Main African Trade Gateway on Q2
11:49
-
Janngo Capital Invests in Jobzyn to Transform Recruitment Across Africa
10:51
-
Ghana, Togo Hold Border Coordination Meeting on Telecom Spectrum Management
10:46
-
Bertin Nahum Merges AI and Robotics for Precision Cancer Treatment
10:41
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
Nigeria’s fintech landscape has undergone a seismic shift in recent years, driven largely by persist...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
The Tomb of Askia is one of the most important historical and cultural monuments in Mali, inscribed on the UNESCO World Heritage List since 2004. Located...
The Mount Nimba Nature Reserve, a true cross-border treasure, stretches across Guinea and Côte d’Ivoire, at the edge of Liberia. It is dominated by an...
