Australian company Genmin has raised $AU10 million (around $US6.8 million) to support its Baniaka iron ore project in Gabon. The project is expected to produce 5 million tonnes of iron ore annually ...

Digital trade is experiencing impressive growth in Africa. Although several challenges remain, countries and regional institutions are making significant efforts to support the sector's development.

Due to insecurity, several gold mines have closed in Burkina Faso, causing production to drop. Most active mines in the country are controlled by foreign companies, mainly Canadian and Australian.

The Human Capital Protection Project in Burkina Faso, funded by the World Bank, aims to ensure access to essential health and education services, especially with the ongoing security crisis. Burkina ...

The investment aims to reduce the critical funding gap faced by African climate tech startups. On October 3, 2024, the International Finance Corporation (IFC) announced its first investment in a ...

Senegal’s budget deficit averaged 10.4% of GDP, nearly double the initially reported 5.5%, while public debt exceeded 83% of GDP in 2023, according to the government. Moody's downgraded Senegal’s ...

In Congo, 48.31% of consumers are unhappy with the mobile Internet services provided by telecom operators MTN and Airtel. This finding comes from the “Satisfaction Survey on Postal and ...

The African Development Bank Group has appointed Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet Office, effective 1 July 2024. Dr. Pinto Moreira, a Beninise ...

The IMF says Ghana has successfully met its quantitative targets for the end of June 2024. Last week, the International Monetary Fund (IMF) reached a staff-level agreement with Ghanaian authorities on ...

When it becomes operational, this market will provide additional funding for SMEs, which are vital to driving economic growth in the UMOA region. The West African Monetary Union (UMOA) is set to ...

Struggling to stay competitive, Tmcel is focused on boosting service quality to stand out in the national telecom market, where it faces competition from Vodacom and Movitel. Mozambique’s state-owned ...

The approach aims to speed up Rwanda's continental trade by grouping the goods of its businesses into a single shipment, thus optimizing logistics and reducing costs. Rwanda has sent its first ...