News

One side event at the African Development Bank Group’s 2025 Annual Meetings unpacked the use of Artificial Intelligence (AI) as a powerful tool to advance inclusive and sustainable development across ...
Angola seeks diverse alliances to tap $60 billion in hydrocarbon project needs U.S. firms ExxonMobil and Chevron deepen involvement in oil and gas sectors Country repositions post-OPEC exit to secure ...
Kenya accelerates airport infrastructure to expand freight capacity and exports Major projects underway at JKIA, Moi, and Eldoret to support trade growth Focus on agricultural exports amid rising ...
President William Ruto signs law strengthening financial crime enforcement Reform addresses FATF gray listing and enhances oversight in real estate and mining Ten laws amended to meet international ...
Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Africa, Nigeria, and Namibia also ranked. Rankings mix data and executive views on economy and governance. Six ...
EU and EIB provide CFA27 billion to fund Congo’s Digital Acceleration Project (PATN) Investment targets education, health systems, administrative interconnection, and youth training Project aligns ...
Five African producers to allocate 1% of rough diamond revenue to global campaign Agreement signed with key industry players to counter rise of lab-grown diamonds Campaign to be led by the Natural ...
Highlights: IDA grants $100 million concessional loan for urban mobility reform in Senegal Project to integrate BRT, TER, and formalized bus networks in Dakar Goal is to improve transport access for 3 ...
Highlights: Asante aims to raise $470 million through loans and equity for expansion Targeting 500,000 ounces of gold output by 2028 from Bibiani and Chirano mines Package includes $345 million from ...
Wilmar to buy out PZ Cussons’ 50% stake in PZ Wilmar for $70 million Acquisition includes 26,500 hectares of plantations and a 1,000-ton/day refinery Nigeria’s rising demand and supply deficit drive ...
West Africa’s $10B food trade is informal, per OECD. Staples like cereals and tubers dominate informal trade, missing from official data. Informality distorts trade planning and hinders ECOWAS ...
CBN bars undercapitalized banks from dividends, bonuses, and offshore investments. Move aims to boost capital and address bad loans before March 2026 deadline. Critics fear impact on investor ...