Economic information from Africa
mf-approves-4-5bn-flexible-credit-line-for-morocco

MF Approves $4.5bn Flexible Credit Line for Morocco

- The International Monetary Fund (IMF) has approved a $4.5 billion Flexible Credit Line (FCL) for Morocco to strengthen its foreign exchange...
Public Management
4 April 2025
cote-d-ivoire-eases-import-taxes-on-animal-feed-to-boost-livestock-production

Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production

Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production

- Côte d’Ivoire has introduced a partial customs...
Read more |  4 April 2025
Telecom
3 April 2025
ai-for-africa-tackling-the-readiness-divide

AI for Africa: Tackling the Readiness Divide

AI for Africa: Tackling the Readiness Divide

The Global AI Summit on Africa began today,...
Read more |  3 April 2025
Public Management
4 April 2025
cote-d-ivoire-eases-import-taxes-on-animal-feed-to-boost-livestock-production

Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production

Telecom
3 April 2025
mtn-cameroon-wins-court-appeal-recovers-seized-assets-after-nearly-three-years

MTN Cameroon Wins Court Appeal, Recovers Seized Assets After Nearly Three Years

Mining
3 April 2025
ivanhoe-mines-turns-to-zambia-following-copper-success-in-drc

Ivanhoe Mines Turns to Zambia Following Copper Success in DRC

Ivanhoe Mines Turns to Zambia Following Copper Success in DRC

Ivanhoe Mines, the Canadian mining powerhouse, revolutionized the Kamoa-Kakula project in the...
Read more |  3 April 2025
Telecom
3 April 2025
mtn-cameroon-wins-court-appeal-recovers-seized-assets-after-nearly-three-years

MTN Cameroon Wins Court Appeal, Recovers Seized Assets After Nearly Three Years

MTN Cameroon Wins Court Appeal, Recovers Seized Assets After Nearly Three Years

The court's decision to release MTN Cameroon's seized assets is a crucial...
Read more |  3 April 2025
Public Management
2 April 2025
burkina-faso-and-turkey-seek-to-deepen-ties-with-new-projects

Burkina Faso and Turkey Seek to Deepen Ties with New Projects

Burkina Faso and Turkey Seek to Deepen Ties with New Projects

Burkina Faso and Turkey are discussing new projects to strengthen their partnership. Trade...
Read more |  2 April 2025
Mining
2 April 2025
guinean-smb-celebrates-10-years-of-expertise-at-fastmarkets-bauxite-alumina-2025

Guinean SMB Celebrates 10 Years of Expertise at Fastmarkets Bauxite & Alumina 2025

Guinean SMB Celebrates 10 Years of Expertise at Fastmarkets Bauxite & Alumina 2025

Société Minière de Boké (SMB) will participate in the 29th Fastmarkets Bauxite...
Read more |  2 April 2025
Mining
2 April 2025
ivory-coast-aurum-resources-to-launch-environmental-study-for-boundiali-gold-project-in-april

Ivory Coast: Aurum Resources to Launch Environmental Study for Boundiali Gold Project in April

Ivory Coast: Aurum Resources to Launch Environmental Study for Boundiali Gold Project in April

Aurum Resources confirmed the discovery of 1.59 million ounces of gold at...
Read more |  2 April 2025
Mining
2 April 2025
gold-robex-to-pump-185m-in-guinea-s-kiniero-mine-in-2025

Gold: Robex to Pump $185M in Guinea’s Kiniero Mine in 2025

Gold: Robex to Pump $185M in Guinea’s Kiniero Mine in 2025

Robex Resources secured a $130 million credit facility in March 2025 to fund...
Read more |  2 April 2025
Mining
2 April 2025
gold-mali-secures-35-stake-in-toubani-s-kobada-mine

Gold: Mali Secures 35% Stake in Toubani’s Kobada Mine

Gold: Mali Secures 35% Stake in Toubani’s Kobada Mine

The mining code adopted in 2023 grants Mali up to a 35%...
Read more |  2 April 2025
Public Management
2 April 2025
gabon-and-chad-lead-foreign-exchange-reserves-in-cemac-for-2024

Gabon and Chad Lead Foreign Exchange Reserves in CEMAC for 2024

Gabon and Chad Lead Foreign Exchange Reserves in CEMAC for 2024

Gabon and Chad contributed the most to the foreign exchange reserves of...
Read more |  2 April 2025
Public Management
2 April 2025
benin-s-economic-growth-surges-to-7-5-in-2024

Benin's Economic Growth Surges to 7.5% in 2024

Benin's Economic Growth Surges to 7.5% in 2024

 (Ecofin Agency)   Benin’s economy grew by 7.5% in 2024, up from 6.4%...
Read more |  2 April 2025
Mining
1 April 2025
u-s-congress-moves-to-ban-chinese-refined-cobalt-imports

U.S Congress Moves to Ban Chinese-Refined Cobalt Imports

U.S Congress Moves to Ban Chinese-Refined Cobalt Imports

The Democratic Republic of Congo (DRC) produces over 70% of the world’s...
Read more |  1 April 2025
Mining
1 April 2025
silver-canadian-aya-gold-silver-to-triple-its-moroccan-output-in-2025

Silver: Canadian Aya Gold & Silver to Triple its Moroccan Output in 2025

Silver: Canadian Aya Gold & Silver to Triple its Moroccan Output in 2025

In 2024, Aya Gold & Silver produced 1.65 million ounces of silver...
Read more |  1 April 2025
Mining
1 April 2025
gabon-genmin-hires-london-based-consulting-firm-to-secure-funding-for-baniaka-iron-mine

Gabon: Genmin Hires London-based Consulting Firm to Secure Funding for Baniaka Iron Mine

Gabon: Genmin Hires London-based Consulting Firm to Secure Funding for Baniaka Iron Mine

Genmin is gearing up to start iron ore production at its Baniaka...
Read more |  1 April 2025
Mining
1 April 2025
mauritania-partners-with-world-bank-to-develop-mining-potential

Mauritania Partners with World Bank to Develop Mining Potential

Mauritania Partners with World Bank to Develop Mining Potential

Mining contributed 24% to Mauritania’s gross domestic product (GDP) in 2022, driven...
Read more |  1 April 2025
Public Management
1 April 2025
the-axian-foundation-and-the-unicef-join-forces-to-combat-child-malnutrition-in-madagascar

The AXIAN Foundation and the UNICEF join forces to combat child malnutrition in Madagascar

The AXIAN Foundation and the UNICEF join forces to combat child malnutrition in Madagascar

5,000 children from the south of Madagascar will benefit from vital treatment...
Read more |  1 April 2025
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reddot Finance

5 November 2016

AfDB lends Tunisia €180 million to reduce regional disparities

AfDB lends Tunisia €180 million to reduce regional disparities

The African Development Bank (AfDB) has announced in a statement released on...
Read more |  5 November 2016
21 September 2016

Attijariwafa Bank to build giant tower in Casablanca Finance City

Attijariwafa Bank to build giant tower in Casablanca Finance City

Morocco’s leading bank, Attijariwafa Bank, has announced on September 19 that it...
Read more |  21 September 2016
15 September 2016

ODI says Brexit could cost developing nations about €400m

ODI says Brexit could cost developing nations about €400m

UK’s recent exit from the European Union (Brexit), should impact the economy...
Read more |  15 September 2016
18 July 2016

Nigeria: Inflation spikes to highest in 11 years after naira is floated

Nigeria: Inflation spikes to highest in 11 years after naira is floated

Nigeria’s global inflation rate grew by 16.5% at the end of June,...
Read more |  18 July 2016
31 March 2016

Zambia’s currency appreciates 13% after Glencore approves $1.1 billion project

Zambia’s currency appreciates 13% after Glencore approves $1.1 billion project

Zambia’s currency, the Kwacha, surged 1.3% on Wednesday March 30, 2016 traded...
Read more |  31 March 2016
17 December 2015

Control Risks’ ranking of African countries by political risks

Control Risks’ ranking of African countries by political risks

Only eight African countries have been listed among the countries with low...
Read more |  17 December 2015
17 October 2015

Algeria will build a port linked to main highways to transport goods to Africa

Algeria will build a port linked to main highways to transport goods to Africa

Algerian Prime Minister Abdelmalek Sellal announced, on 14 October, that his country...
Read more |  17 October 2015
14 October 2015

Agricultural Bank of China and a Congolese consortium inaugurate Banque Sino-Congolaise pour l’Afrique

Agricultural Bank of China and a Congolese consortium inaugurate Banque Sino-Congolaise pour l’Afrique

A new banking establishment has just been created in the Republic of...
Read more |  14 October 2015
1 October 2015

Equity Bank gets green light from regulators to buy ProCredit Bank in DR Congo

Equity Bank gets green light from regulators to buy ProCredit Bank in DR Congo

The Kenyan bank group Equity Bank announced, on 30 September, having obtained...
Read more |  1 October 2015

reddot Public Management

20 March 2018

86 million “climate migrants” will come from sub-Saharan Africa by 2050, World Bank indicates

86 million “climate migrants” will come from sub-Saharan Africa by 2050, World Bank indicates

It is estimated that around 143 million persons could become “climate migrants”...
Read more |  20 March 2018
5 March 2018

Burkina Faso generated CFA1,022 billion from mining activities in 2016, the ministry of mines reports

Burkina Faso generated CFA1,022 billion from mining activities in 2016, the ministry of mines reports

In 2016, Burkina Faso obtained mining revenues of CFA1, 022 billion, the...
Read more |  5 March 2018

reddot Agriculture

9 November 2018

Africa agribusiness, a US$1 trillion business by 2030

Africa agribusiness, a US$1 trillion business by 2030

As project sponsors, borrowers, lenders and investors gathered at the Africa Investment...
Read more |  9 November 2018
25 October 2018

Agri-tech can turn African Savannah into global food basket – African Development Bank

Agri-tech can turn African Savannah into global food basket – African Development Bank

The African Development Bank is championing a new regional and global effort...
Read more |  25 October 2018
5 October 2018

Ghana to lose $300 million as a consequence of bearing price drop of cocoa on the international market

Ghana to lose $300 million as a consequence of bearing price drop of cocoa on the international market

In Ghana, keeping the price of cocoa for the 2018/2019 cocoa season...
Read more |  5 October 2018
4 October 2018

Côte d’Ivoire: Cocoa producers generated CFA1,356 billion during 2017/2018 campaign (government)

Côte d’Ivoire: Cocoa producers generated CFA1,356 billion during 2017/2018 campaign (government)

At the end of the 2017/2018 cocoa campaign, Côte d’Ivoire’s cocoa producers...
Read more |  4 October 2018
3 October 2018

Guinea : Cosumar acquires 55% stake in Comaguis

Guinea : Cosumar acquires 55% stake in Comaguis

Yesterday, the Moroccan sugar company Cosumar announced that it acquired a 55%...
Read more |  3 October 2018
2 October 2018

Côte d’Ivoire : Cocoa farm gate price set to CFA750 per kilo for 2018/2019 season

Côte d’Ivoire : Cocoa farm gate price set to CFA750 per kilo for 2018/2019 season

In Côte d’Ivoire, cocoa farm gate price has been set to CFA750...
Read more |  2 October 2018
2 October 2018

Ghana : cocoa freight fees reduced by 9.4%

Ghana : cocoa freight fees reduced by 9.4%

In Ghana, fees for shipping cocoa to Europe will decrease from 39...
Read more |  2 October 2018
31 August 2018

FAO campaigns for “zero hunger” by 2030

FAO campaigns for “zero hunger” by 2030

To fight hunger and malnutrition, the Food and Agriculture Organisation (FAO) is...
Read more |  31 August 2018
29 August 2018

Uganda: Tea exports via Mombasa auction centers grew by 11.6% in 2017

Uganda: Tea exports via Mombasa auction centers grew by 11.6% in 2017

Uganda’s tea exports that transited via Mombasa auction centers grew by 11.6%...
Read more |  29 August 2018

reddot Electricity

13 December 2018
abrec-increases-capital-by-cfa182-million-to-improve-operations

ABREC increases capital by CFA182 million to improve operations

ABREC increases capital by CFA182 million to improve operations

Following deliberations last July 25, the African Biofuel and Renewable Energy Company...
Read more |  13 December 2018
26 October 2018

African Development Bank urges power sector to capitalize on women’s capabilities

African Development Bank urges power sector to capitalize on women’s capabilities

The African Development Bank Group, in partnership with the French Development Agency,...
Read more |  26 October 2018
8 October 2018

Ghana and Burkina Faso inaugurate a 225 kV power line

Ghana and Burkina Faso inaugurate a 225 kV power line

Ghana and Burkina Faso inaugurated the 225 KV power line linking them....
Read more |  8 October 2018
4 October 2018

"Mamane le Gondwanais" plans a renewable energy awareness-raising campaign in Niger

"Mamane le Gondwanais" plans a renewable energy awareness-raising campaign in Niger

Mohamed Mouctari Moustapha Tahi, the humorist from Niger better known as Mamane...
Read more |  4 October 2018
27 September 2018

Tanzania seeks $3.6 billion for 9 energy projects

Tanzania seeks $3.6 billion for 9 energy projects

Tanzania will need $3.611 billion to complete the nine power plants and transmission...
Read more |  27 September 2018
26 September 2018

OPIC backs SET Fund for off-grid solar projects in Africa and Asia

OPIC backs SET Fund for off-grid solar projects in Africa and Asia

The Overseas Private Investment Corporation (OPIC) announced that it provided $25 million to...
Read more |  26 September 2018
12 September 2018

Jacobs Engineering SA commissioned to upgrade electrical infrastructures in Benin

Jacobs Engineering SA commissioned to upgrade electrical infrastructures in Benin

Jacobs Engineering S.A, a Moroccan firm specialized in various sectors like mining,...
Read more |  12 September 2018
28 August 2018

Kenya : Kipeto Wind Energy to build a 100MW wind power plant in Nairobi South

Kenya : Kipeto Wind Energy to build a 100MW wind power plant in Nairobi South

During his visit to the United States of America, the Kenyan president...
Read more |  28 August 2018
22 August 2018

Burkina Faso plans large electrification projects to extend its electricity network

Burkina Faso plans large electrification projects to extend its electricity network

Burkina Faso has just issued a call for tender to select companies...
Read more |  22 August 2018

reddot Mining

20 July 2016

South Africa: Harmony Gold achieves output target for 2016

South Africa: Harmony Gold achieves output target for 2016

South African miner Harmony Gold said it has successfully produced the 1.1...
Read more |  20 July 2016
24 March 2016

Botswana: Botswana Diamonds and Alrosa start exploration in Orapa

Botswana: Botswana Diamonds and Alrosa start exploration in Orapa

AIM-listed Bostwana Diamonds and joint-venture partner Alrosa began exploration at the PL...
Read more |  24 March 2016

reddot Telecom

8 October 2015

Morocco: ANRT orders Maroc Telecom to publish its offer for unbundling before mid-October

29 July 2015

DR Congo: the installation of fiber optic has been “disastrous” according to Thomas Lukaha Losendjola

27 July 2015

Orange group strengthens its position in Méditel capital and takes over control of Board

reddot Comms

5 October 2018

Kenya : Facebook to partner with Africa Check to report fake news

Kenya : Facebook to partner with Africa Check to report fake news

In Kenya, Facebook will soon start reporting fake news published on its...
Read more |  5 October 2018
4 October 2018

“Panafricaines”: 2nd edition to be held in Morocco on October 26-27

“Panafricaines”: 2nd edition to be held in Morocco on October 26-27

On October 26-27, the second edition of Les Panafricaines, the forum of...
Read more |  4 October 2018
3 October 2018

Tunisia: Cinema as a tool for fight against corruption

Tunisia: Cinema as a tool for fight against corruption

From October 29 to November 1, 2018, Tunis, Tunisia’s capital will host...
Read more |  3 October 2018
1 October 2018

Rwanda: Caricaturing officials is now a punishable offense

Rwanda: Caricaturing officials is now a punishable offense

Last September 27, Rwanda’s parliament passed a law punishing the caricaturing of...
Read more |  1 October 2018
26 September 2018

Tunisia: 2 residents out of 3 have no faith in the media (Barr Al Aman)

Tunisia: 2 residents out of 3 have no faith in the media (Barr Al Aman)

In Tunisia, 2 people out of 3 have little or no confidence...
Read more |  26 September 2018
24 September 2018

Côte d’Ivoire: Disney and UniFrance organize the first edition of Festival Afrique Junior

Côte d’Ivoire: Disney and UniFrance organize the first edition of Festival Afrique Junior

On October 2-6, The Walt Disney Company and UniFrance, an institution that promotes...
Read more |  24 September 2018
21 September 2018

Reuters launches an Africa-focused video service

Reuters launches an Africa-focused video service

Reuters just extended its video offers aimed at Africans by launching Africa...
Read more |  21 September 2018
13 September 2018

10 countries are expected to attend Abidjan for the FEJA, the biggest eSport and video game event powered by Paradise Game

10 countries are expected to attend Abidjan for the FEJA, the biggest eSport and video game event powered by Paradise Game

From November 23-25th Abidjan will host the second year the Electronic and...
Read more |  13 September 2018
4 September 2018

Senegal: Start Network launches insurance policy to cover drought-related risks

Senegal: Start Network launches insurance policy to cover drought-related risks

Start Network, a global network of forty national and international humanitarian organizations,...
Read more |  4 September 2018

Copyright Agence Ecofin © 2018. All Rights Reserved.

mf-approves-4-5bn-flexible-credit-line-for-morocco

MF Approves $4.5bn Flexible Credit Line for Morocco

- The International Monetary Fund (IMF) has approved a $4.5 billion Flexible Credit Line (FCL) for Morocco to strengthen its foreign exchange...
Public Management
4 April 2025
cote-d-ivoire-eases-import-taxes-on-animal-feed-to-boost-livestock-production

Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production

Côte d’Ivoire Eases Import Taxes on Animal Feed to Boost Livestock Production

- Côte d’Ivoire has introduced a partial customs...
Read more |  4 April 2025
Telecom
3 April 2025
ai-for-africa-tackling-the-readiness-divide

AI for Africa: Tackling the Readiness Divide

AI for Africa: Tackling the Readiness Divide

The Global AI Summit on Africa began today,...
Read more |  3 April 2025
Mining
3 April 2025
ivanhoe-mines-turns-to-zambia-following-copper-success-in-drc

Ivanhoe Mines Turns to Zambia Following Copper Success in DRC

Ivanhoe Mines Turns to Zambia Following Copper Success in DRC

Ivanhoe Mines, the Canadian mining powerhouse, revolutionized the Kamoa-Kakula project in the...
Read more |  3 April 2025
Telecom
3 April 2025
mtn-cameroon-wins-court-appeal-recovers-seized-assets-after-nearly-three-years

MTN Cameroon Wins Court Appeal, Recovers Seized Assets After Nearly Three Years

MTN Cameroon Wins Court Appeal, Recovers Seized Assets After Nearly Three Years

The court's decision to release MTN Cameroon's seized assets is a crucial...
Read more |  3 April 2025
Public Management
2 April 2025
burkina-faso-and-turkey-seek-to-deepen-ties-with-new-projects

Burkina Faso and Turkey Seek to Deepen Ties with New Projects

Burkina Faso and Turkey Seek to Deepen Ties with New Projects

Burkina Faso and Turkey are discussing new projects to strengthen their partnership. Trade...
Read more |  2 April 2025
Mining
2 April 2025
guinean-smb-celebrates-10-years-of-expertise-at-fastmarkets-bauxite-alumina-2025

Guinean SMB Celebrates 10 Years of Expertise at Fastmarkets Bauxite & Alumina 2025

Guinean SMB Celebrates 10 Years of Expertise at Fastmarkets Bauxite & Alumina 2025

Société Minière de Boké (SMB) will participate in the 29th Fastmarkets Bauxite...
Read more |  2 April 2025
Mining
2 April 2025
ivory-coast-aurum-resources-to-launch-environmental-study-for-boundiali-gold-project-in-april

Ivory Coast: Aurum Resources to Launch Environmental Study for Boundiali Gold Project in April

Ivory Coast: Aurum Resources to Launch Environmental Study for Boundiali Gold Project in April

Aurum Resources confirmed the discovery of 1.59 million ounces of gold at...
Read more |  2 April 2025
Mining
2 April 2025
gold-robex-to-pump-185m-in-guinea-s-kiniero-mine-in-2025

Gold: Robex to Pump $185M in Guinea’s Kiniero Mine in 2025

Gold: Robex to Pump $185M in Guinea’s Kiniero Mine in 2025

Robex Resources secured a $130 million credit facility in March 2025 to fund...
Read more |  2 April 2025
Mining
2 April 2025
gold-mali-secures-35-stake-in-toubani-s-kobada-mine

Gold: Mali Secures 35% Stake in Toubani’s Kobada Mine

Gold: Mali Secures 35% Stake in Toubani’s Kobada Mine

The mining code adopted in 2023 grants Mali up to a 35%...
Read more |  2 April 2025
Public Management
2 April 2025
gabon-and-chad-lead-foreign-exchange-reserves-in-cemac-for-2024

Gabon and Chad Lead Foreign Exchange Reserves in CEMAC for 2024

Gabon and Chad Lead Foreign Exchange Reserves in CEMAC for 2024

Gabon and Chad contributed the most to the foreign exchange reserves of...
Read more |  2 April 2025
Public Management
2 April 2025
benin-s-economic-growth-surges-to-7-5-in-2024

Benin's Economic Growth Surges to 7.5% in 2024

Benin's Economic Growth Surges to 7.5% in 2024

 (Ecofin Agency)   Benin’s economy grew by 7.5% in 2024, up from 6.4%...
Read more |  2 April 2025
Mining
1 April 2025
u-s-congress-moves-to-ban-chinese-refined-cobalt-imports

U.S Congress Moves to Ban Chinese-Refined Cobalt Imports

U.S Congress Moves to Ban Chinese-Refined Cobalt Imports

The Democratic Republic of Congo (DRC) produces over 70% of the world’s...
Read more |  1 April 2025
Mining
1 April 2025
silver-canadian-aya-gold-silver-to-triple-its-moroccan-output-in-2025

Silver: Canadian Aya Gold & Silver to Triple its Moroccan Output in 2025

Silver: Canadian Aya Gold & Silver to Triple its Moroccan Output in 2025

In 2024, Aya Gold & Silver produced 1.65 million ounces of silver...
Read more |  1 April 2025
Mining
1 April 2025
gabon-genmin-hires-london-based-consulting-firm-to-secure-funding-for-baniaka-iron-mine

Gabon: Genmin Hires London-based Consulting Firm to Secure Funding for Baniaka Iron Mine

Gabon: Genmin Hires London-based Consulting Firm to Secure Funding for Baniaka Iron Mine

Genmin is gearing up to start iron ore production at its Baniaka...
Read more |  1 April 2025
Mining
1 April 2025
mauritania-partners-with-world-bank-to-develop-mining-potential

Mauritania Partners with World Bank to Develop Mining Potential

Mauritania Partners with World Bank to Develop Mining Potential

Mining contributed 24% to Mauritania’s gross domestic product (GDP) in 2022, driven...
Read more |  1 April 2025
Public Management
1 April 2025
the-axian-foundation-and-the-unicef-join-forces-to-combat-child-malnutrition-in-madagascar

The AXIAN Foundation and the UNICEF join forces to combat child malnutrition in Madagascar

The AXIAN Foundation and the UNICEF join forces to combat child malnutrition in Madagascar

5,000 children from the south of Madagascar will benefit from vital treatment...
Read more |  1 April 2025
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