News

In 2024, only 38% of Africa’s population had internet access, significantly lower than the global average of 68%, according to the International Telecommunication Union (ITU). To bridge this gap, the ...
Cashews made up 93% of 2023 export revenue. Guinea-Bissau has transported 208,833 tons of cashew nuts from production zones to the capital, Bissau, the country’s main port, as of mid-2025. This figure ...
Endeavour Mining produced 1.10 million ounces of gold in 2024, leading West Africa La Mancha, controlled by Egypt’s Sawiris family, holds the largest stake at 18.4% Endeavour operates five gold mines ...
Aims to ease supply disruptions, boost rural access, and create local jobs. Gabon is advancing on the long-awaited Alembé-Mikouyi road development and paving project, a 300-kilometer stretch crossing ...
Africa may reach fertilizer self-sufficiency by early 2028, according to Nigerian billionaire Aliko Dangote. Speaking on June 27 at the 32nd Annual Meetings of Afreximbank in Abuja, Dangote said ...
Foreign banks and international investors can now apply for banking licenses in Ethiopia, the National Bank of Ethiopia (NBE) announced on Wednesday, June 25. “The Ethiopian banking sector is now ...
Egypt has launched construction of a new solar photovoltaic industrial complex in the Suez Canal Economic Zone (SCZONE), located in Ain Sokhna. Work began on Thursday, June 19, as part of the ...
Africa’s total trade rose by 13.9% to $1.5 trillion after shrinking in 2023 • Intra-African trade grew by 12.4%, driven by the African Continental Free Trade Area (AfCFTA) • Afreximbank plans to boost ...
Food production uses nearly 15% of global fossil fuel demand, says IPES-Food • Fertilizers, plastic packaging, and transport tie food security to oil and gas markets • Experts urge agroecology, food ...
Experts at Cyber Africa Forum 2025 stress consumer education to fight cyber threats • Social engineering scams, phishing, and money mule schemes are rising across Africa • GSMA urges mobile money ...
Eskom faces existential threat as unpaid municipal bills rise by $2 billion annually. • Reforms since 2022 allow private producers up to 100 MW, accelerating competition. • Independent power producers ...
Côte d’Ivoire opens $235M cocoa complex, doubling Transcao’s capacity to 100,000 tons. • Site includes storage and training center to boost local processing. • Aims to raise value-added production and ...