Economic information from Africa
afdb-backs-kenya-geothermal-plant-with-16-5-million-loan-key-facts

AfDB Backs Kenya Geothermal Plant With $16.5 Million Loan Key facts

The African Development Bank approved a $16.5 million loan to finance a 35-MW geothermal plant in Kenya. The OrPower Twenty-Two project will sell...
News
29 January 2026
world-bank-plans-250-million-project-to-revive-sme-lending-in-niger

World Bank Plans $250 Million Project to Revive SME Lending in Niger

World Bank Plans $250 Million Project to Revive SME Lending in Niger

The World Bank is preparing a $250 million grant-funded...
Read more |  29 January 2026
News Finances
29 January 2026
ghana-central-bank-cuts-rate-to-15-5-as-inflation-falls-below-target

Ghana Central Bank Cuts Rate to 15.5% as Inflation Falls Below Target

Ghana Central Bank Cuts Rate to 15.5% as Inflation Falls Below Target

The Bank of Ghana cut its policy rate...
Read more |  29 January 2026
News
29 January 2026
world-bank-plans-250-million-project-to-revive-sme-lending-in-niger

World Bank Plans $250 Million Project to Revive SME Lending in Niger

News Agriculture
29 January 2026
ethiopia-opens-10-9mln-cold-storage-hub-to-curb-food-losses-and-support-exports

Ethiopia opens $10.9mln cold storage hub to curb food losses and support exports

News Agriculture
29 January 2026
ghana-weighs-revival-of-syndicated-loans-for-cocoa-sector

Ghana Weighs Revival of Syndicated Loans for Cocoa Sector

Ghana Weighs Revival of Syndicated Loans for Cocoa Sector

Ghana may revive syndicated bank loans to finance cocoa purchases after abandoning...
Read more |  29 January 2026
News
29 January 2026
nigeria-turkey-sign-new-mous-as-leaders-push-for-5-billion-trade

Nigeria, Turkey Sign New MoUs as Leaders Push for $5 Billion Trade

Nigeria, Turkey Sign New MoUs as Leaders Push for $5 Billion Trade

Nigeria and Turkey signed eight legal instruments and a joint declaration on...
Read more |  29 January 2026
News
29 January 2026
south-africa-kenya-lead-africa-s-startup-ecosystems-as-ivory-coast-gains-ground

South Africa, Kenya Lead Africa’s Startup Ecosystems as Ivory Coast Gains Ground

South Africa, Kenya Lead Africa’s Startup Ecosystems as Ivory Coast Gains Ground

StartupBlink ranked 25 African countries in its global innovators index, with 13...
Read more |  29 January 2026
News Digital
29 January 2026
kenya-treasury-launches-digital-platform-for-debt-servicing

Kenya Treasury Launches Digital Platform for Debt Servicing

Kenya Treasury Launches Digital Platform for Debt Servicing

Kenya will launch a digital system to automate external debt payments from...
Read more |  29 January 2026
News Finances
29 January 2026
china-slashes-africa-lending-46-as-strategy-shifts-boston-university-report-says

China Slashes Africa Lending 46% as Strategy Shifts, Boston University Report Says

China Slashes Africa Lending 46% as Strategy Shifts, Boston University Report Says

China cut lending to Africa by 46% in 2024 to $2.1 billion, down...
Read more |  29 January 2026
News Agriculture
29 January 2026
ethiopia-opens-10-9mln-cold-storage-hub-to-curb-food-losses-and-support-exports

Ethiopia opens $10.9mln cold storage hub to curb food losses and support exports

Ethiopia opens $10.9mln cold storage hub to curb food losses and support exports

Ethiopia inaugurated a large cold storage facility for fruits, vegetables, and animal...
Read more |  29 January 2026
News Digital
29 January 2026
egypt-plans-law-to-regulate-children-s-use-of-social-media

Egypt plans law to regulate children’s use of social media

Egypt plans law to regulate children’s use of social media

Egypt’s parliament plans legislation to regulate children’s access to social media. Lawmakers aim...
Read more |  29 January 2026
News Finances
29 January 2026
togo-reviews-inclusive-finance-fund-strategy-to-expand-access-nationwide

Togo reviews inclusive finance fund strategy to expand access nationwide

Togo reviews inclusive finance fund strategy to expand access nationwide

Togo’s inclusive finance fund reviewed its model to adapt to economic and...
Read more |  29 January 2026
News
29 January 2026
algeria-launches-first-sovereign-sukuk-to-raise-2-3bn-for-public-projects

Algeria launches first sovereign sukuk to raise $2.3bn for public projects

Algeria launches first sovereign sukuk to raise $2.3bn for public projects

Algeria issued its first sovereign sukuk worth about $2.3bn to fund development projects. The...
Read more |  29 January 2026
News
29 January 2026
south-africa-rethinks-auto-policy-to-revive-local-car-production

South Africa rethinks auto policy to revive local car production

South Africa rethinks auto policy to revive local car production

South Africa is overhauling its automotive policy to strengthen local manufacturing and...
Read more |  29 January 2026
News
29 January 2026
afreximbank-backs-angola-s-state-oil-company-with-1-75bn-financing-facility

Afreximbank backs Angola’s state oil company with $1.75bn financing facility

Afreximbank backs Angola’s state oil company with $1.75bn financing facility

Afreximbank finalized a $1.75bn syndicated receivables-backed facility for Sonangol. The deal aims to support...
Read more |  29 January 2026
News Digital
29 January 2026
ethiopia-s-state-owned-telco-explores-deal-with-fiber-provider-somcable-to-access-global-markets

Ethiopia’s state-owned telco explores deal with fiber provider Somcable to access global markets

Ethiopia’s state-owned telco explores deal with fiber provider Somcable to access global markets

Ethio Telecom is seeking to expand digital services abroad through talks with...
Read more |  29 January 2026
News Digital
29 January 2026
chad-turns-to-azerbaijan-to-strengthen-digital-governance-and-regulation

Chad turns to Azerbaijan to strengthen digital governance and regulation

Chad turns to Azerbaijan to strengthen digital governance and regulation

Chad signed two digital cooperation agreements with Azerbaijani agencies. The deals target digital...
Read more |  29 January 2026
News Digital
29 January 2026
nigeria-steps-up-enforcement-against-telecom-operators-over-poor-service-quality

Nigeria Steps Up Enforcement Against Telecom Operators Over Poor Service Quality

Nigeria Steps Up Enforcement Against Telecom Operators Over Poor Service Quality

Nigeria plans 12.4 billion naira fines over telecom service failures NCC tightens enforcement...
Read more |  29 January 2026
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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

17 December 2025
egypt-to-build-five-wheat-silos-with-14-1m-eu-backed-funding

Egypt To Build Five Wheat Silos With $14.1M EU-Backed Funding

Egypt To Build Five Wheat Silos With $14.1M EU-Backed Funding

Egypt’s EHCSS secures €12 million EU-backed grant for wheat storage Funding to build five...
Read more |  17 December 2025
15 September 2025
africa-s-food-future-plays-out-a-few-feet-underground-simon-heck

"Africa’s Food Future Plays Out A Few Feet Underground," (Simon Heck)

"Africa’s Food Future Plays Out A Few Feet Underground," (Simon Heck)

• Roots and tubers like cassava, sweet potato, and yam will be...
Read more |  15 September 2025
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

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.

afdb-backs-kenya-geothermal-plant-with-16-5-million-loan-key-facts

AfDB Backs Kenya Geothermal Plant With $16.5 Million Loan Key facts

The African Development Bank approved a $16.5 million loan to finance a 35-MW geothermal plant in Kenya. The OrPower Twenty-Two project will sell...
News
29 January 2026
world-bank-plans-250-million-project-to-revive-sme-lending-in-niger

World Bank Plans $250 Million Project to Revive SME Lending in Niger

World Bank Plans $250 Million Project to Revive SME Lending in Niger

The World Bank is preparing a $250 million grant-funded...
Read more |  29 January 2026
News Finances
29 January 2026
ghana-central-bank-cuts-rate-to-15-5-as-inflation-falls-below-target

Ghana Central Bank Cuts Rate to 15.5% as Inflation Falls Below Target

Ghana Central Bank Cuts Rate to 15.5% as Inflation Falls Below Target

The Bank of Ghana cut its policy rate...
Read more |  29 January 2026
News Agriculture
29 January 2026
ghana-weighs-revival-of-syndicated-loans-for-cocoa-sector

Ghana Weighs Revival of Syndicated Loans for Cocoa Sector

Ghana Weighs Revival of Syndicated Loans for Cocoa Sector

Ghana may revive syndicated bank loans to finance cocoa purchases after abandoning...
Read more |  29 January 2026
News
29 January 2026
nigeria-turkey-sign-new-mous-as-leaders-push-for-5-billion-trade

Nigeria, Turkey Sign New MoUs as Leaders Push for $5 Billion Trade

Nigeria, Turkey Sign New MoUs as Leaders Push for $5 Billion Trade

Nigeria and Turkey signed eight legal instruments and a joint declaration on...
Read more |  29 January 2026
News
29 January 2026
south-africa-kenya-lead-africa-s-startup-ecosystems-as-ivory-coast-gains-ground

South Africa, Kenya Lead Africa’s Startup Ecosystems as Ivory Coast Gains Ground

South Africa, Kenya Lead Africa’s Startup Ecosystems as Ivory Coast Gains Ground

StartupBlink ranked 25 African countries in its global innovators index, with 13...
Read more |  29 January 2026
News Digital
29 January 2026
kenya-treasury-launches-digital-platform-for-debt-servicing

Kenya Treasury Launches Digital Platform for Debt Servicing

Kenya Treasury Launches Digital Platform for Debt Servicing

Kenya will launch a digital system to automate external debt payments from...
Read more |  29 January 2026
News Finances
29 January 2026
china-slashes-africa-lending-46-as-strategy-shifts-boston-university-report-says

China Slashes Africa Lending 46% as Strategy Shifts, Boston University Report Says

China Slashes Africa Lending 46% as Strategy Shifts, Boston University Report Says

China cut lending to Africa by 46% in 2024 to $2.1 billion, down...
Read more |  29 January 2026
News Agriculture
29 January 2026
ethiopia-opens-10-9mln-cold-storage-hub-to-curb-food-losses-and-support-exports

Ethiopia opens $10.9mln cold storage hub to curb food losses and support exports

Ethiopia opens $10.9mln cold storage hub to curb food losses and support exports

Ethiopia inaugurated a large cold storage facility for fruits, vegetables, and animal...
Read more |  29 January 2026
News Digital
29 January 2026
egypt-plans-law-to-regulate-children-s-use-of-social-media

Egypt plans law to regulate children’s use of social media

Egypt plans law to regulate children’s use of social media

Egypt’s parliament plans legislation to regulate children’s access to social media. Lawmakers aim...
Read more |  29 January 2026
News Finances
29 January 2026
togo-reviews-inclusive-finance-fund-strategy-to-expand-access-nationwide

Togo reviews inclusive finance fund strategy to expand access nationwide

Togo reviews inclusive finance fund strategy to expand access nationwide

Togo’s inclusive finance fund reviewed its model to adapt to economic and...
Read more |  29 January 2026
News
29 January 2026
algeria-launches-first-sovereign-sukuk-to-raise-2-3bn-for-public-projects

Algeria launches first sovereign sukuk to raise $2.3bn for public projects

Algeria launches first sovereign sukuk to raise $2.3bn for public projects

Algeria issued its first sovereign sukuk worth about $2.3bn to fund development projects. The...
Read more |  29 January 2026
News
29 January 2026
south-africa-rethinks-auto-policy-to-revive-local-car-production

South Africa rethinks auto policy to revive local car production

South Africa rethinks auto policy to revive local car production

South Africa is overhauling its automotive policy to strengthen local manufacturing and...
Read more |  29 January 2026
News
29 January 2026
afreximbank-backs-angola-s-state-oil-company-with-1-75bn-financing-facility

Afreximbank backs Angola’s state oil company with $1.75bn financing facility

Afreximbank backs Angola’s state oil company with $1.75bn financing facility

Afreximbank finalized a $1.75bn syndicated receivables-backed facility for Sonangol. The deal aims to support...
Read more |  29 January 2026
News Digital
29 January 2026
ethiopia-s-state-owned-telco-explores-deal-with-fiber-provider-somcable-to-access-global-markets

Ethiopia’s state-owned telco explores deal with fiber provider Somcable to access global markets

Ethiopia’s state-owned telco explores deal with fiber provider Somcable to access global markets

Ethio Telecom is seeking to expand digital services abroad through talks with...
Read more |  29 January 2026
News Digital
29 January 2026
chad-turns-to-azerbaijan-to-strengthen-digital-governance-and-regulation

Chad turns to Azerbaijan to strengthen digital governance and regulation

Chad turns to Azerbaijan to strengthen digital governance and regulation

Chad signed two digital cooperation agreements with Azerbaijani agencies. The deals target digital...
Read more |  29 January 2026
News Digital
29 January 2026
nigeria-steps-up-enforcement-against-telecom-operators-over-poor-service-quality

Nigeria Steps Up Enforcement Against Telecom Operators Over Poor Service Quality

Nigeria Steps Up Enforcement Against Telecom Operators Over Poor Service Quality

Nigeria plans 12.4 billion naira fines over telecom service failures NCC tightens enforcement...
Read more |  29 January 2026
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