News

WAEMU’s inflation dropped from 2.2% in March to 1.5% in April 2025 • BCEAO attributes the decline to falling food, housing, and transport prices • Mali posts highest inflation; BCEAO cuts policy rate ...
African green hydrogen exports to Europe could face higher costs than projected • Study warns current models overlook country-specific investment risks • Only 2.1% of potential African sites may reach ...
AFC identifies $4 trillion in African funds that could finance infrastructure • Most assets sit in low-yield, short-term investments outside the continent • Reforming financial systems and markets ...
Tullow Oil and Kosmos Energy plan to invest $2 billion to drill up to 20 new wells in Ghana, under a new agreement with the Ghana National Petroleum Corporation (GNPC). The deal, disclosed on June 4 ...
During his official visit to Algeria, Rwandan President Paul Kagame and his Algerian counterpart, Abdelmadjid Tebboune, signed several cooperation agreements on Tuesday, June 3, 2025, marking a new ...
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 ...
• Factory to process up to 300,000 tons annually depending on supply • Project aims to diversify cassava use and develop industrial value chains Tanzania, the sixth-largest cassava producer in Africa, ...
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 ...
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 ...
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 ...