News

Home to one of the largest tributaries of the Congo River, the Central African Republic (CAR) and the Democratic Republic of the Congo (DRC) will benefit from a pioneering cross-border initiative to ...
AfDB raised $3 billion in a two-part bond issuance in U.S. dollars. The deal included the Bank’s first-ever 10-year global dollar bond. Strong market demand showed confidence in the Bank’s leadership ...
IFC to acquire stake in KERA Health, an AI-based e-health platform in Senegal Funding to support digitized health services expansion across WAEMU region Project aims to lower patient costs and improve ...
IMF disburses $58 million under Extended Credit Facility in • Funds support fiscal reforms, digitization, and public service spending • Growth projected to rise to 3% in 2025 if reforms are swiftly ...
Global energy investment is expected to reach a record $3.3 trillion in 2025 • Nearly two-thirds will go to low-carbon technologies like solar and batteries • Africa receives only 2% of clean energy ...
New mining code increases state’s free stake in projects from 10% to 15% WAF confirms higher state participation in Sanbrado, Toega, and Kiaka mines Burkina Faso may boost paid stake to 45% under new ...
Ghana, Africa’s top gold producer with 4.8 million ounces declared in 2024, is seeking to elevate its position in the global bullion market by obtaining a London Bullion Market Association (LBMA) ...
Tullow and Kosmos plan to drill 20 new wells under extended field licenses $2 billion investment aims to offset declining reserves and raise output Deal includes gas pricing reforms and targets 130 ...
Nigeria will deploy seven million smart meters to curb power cuts and boost electricity revenue. • The move supports a broader reform to end estimated billing and repay CFA3.3 trillion in sector debts ...
South Africa earned $3.36 billion from agricultural exports in Q1 2025 • Revenue rose 10% year-on-year due to higher volumes and global prices • Key exports included grapes, corn, apples, and wine ...
Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand data infrastructure in Djibouti, Ethiopia, and Tanzania Project aims to improve connectivity and support East ...
Presidents Embaló and Anwar sign cooperation deal in agriculture, trade, education • Move aims to strengthen diplomatic and economic partnership • Bilateral trade reached $1.9 million in 2024, per ITC ...