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 ...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful historical kingdoms: the Kingdom of Axum.
Marcellin Paluku, Deputy Chief of Staff at the Ministry of Mines, highlighted that 80% of Congolese mines currently operate in partnership with Chinese firms—a concentration he considers a “risk” for ...
(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 ...
• 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. • ...
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. • ...