News

Emmerson devalues Khemisset potash project by $21.1 million due to legal dispute • Environmental permit rejected twice over water use concerns amid severe drought • The project’s future remains ...
Hydropower supplies 20% of Africa's electricity but faces climate-related pressures • Solar energy is growing fast, with capacity expected to double by 2028 • Combining both technologies offers a ...
Africa has $4 trillion in unexploited resources to finance its own development • Lack of structured, safe channels keeps these funds from productive sectors • Private sector projects seen as key to ...
Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société Générale Burkina Faso (SGBF). •The move is part of Vista Group's pan-African expansion strategy and ...
Mali plans to increase its total cotton cultivation area to 672,000 hectares in the 2025/2026 season, marking a 7.8% or 50,000-hectare increase from the previous area. • Along with this expansion, the ...
Tanzania Railways Corporation inaugurated freight service on the Standard Gauge Railway (SGR) between Dar es Salaam and Dodoma. • The SGR is part of a $6 billion strategy to turn Tanzania into East ...
• Gabon signs two major financing agreements with Afreximbank totaling over $3.2 billion. • Projects target mining sector transformation, expanded energy capacity, and improved transport ...
World Bank advocates for green jobs as a strategic solution for Gabon's economy and youth unemployment. • Despite natural wealth, training in sustainable sectors is lacking, hindering job creation. • ...
Nigeria’s decision to slash the approval timeline for oil exploration and production contracts from three years to just six months has reignited investor enthusiasm for its oil sector. This bold ...
• Afreximbank to mobilize up to $1.5 billion for Chad’s private sector development. • Agreement supports key sectors, including agropastoral industries, export agriculture, and oil refining. • ...
(WAVE) - Wave Mobile Money, Africa’s fastest-growing mobile money platform, has raised EUR 117 million in debt financing to advance its mission of making affordable, user-centric financial services ...
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 ...