The Suez Canal Economic Zone (SCZone) secured $8.3 billion in investments for 272 projects between 2022 and March 2025, with significant contributions to industries like renewable energy and ...

Despite some positive surprises, Sub-Saharan Africa faces less vigorous growth forecasts, with necessary reforms in a global environment marked by shifting priorities among world leaders: Amadou ...

Over 90% of the reserves are held abroad, mostly at the Banque de France Critics question the centralization of West Africa’s gold reserves in Europe In 2024, the Central Bank of West African States ...

Canal Box launches in Benin, sparking fierce competition in home fiber Internet. • Rivals Celtiis and Isocel adjust prices and packages to defend market share. • Fixed broadband adoption rises sharply ...

Italy increases support to IDA by 25% to help drive sustainable growth in Africa. • The agreement will fast-track Italy’s Mattei Plan, focusing on infrastructure, energy, agriculture, education, and ...

Mediterrania Capital Partners finalizes full sale of its 10.5% stake in Akdital. • Exit comes after Akdital’s strong financial growth and a major capital increase in 2024. • Akdital plans major ...

This cybersecurity incident involving MTN Group, one of Africa’s largest telecom providers, is important for several key reasons, especially given the growing digital footprint of users across the ...

WAEMU’s foreign exchange reserves rose 42% in 2024 to reach CFA13.5 trillion • The jump was driven by stronger export earnings, rising gold prices, and a better external environment • The boost could ...

European Investment Bank commits $60 million to LeapFrog Investments to expand access to green tech in emerging markets • The funding targets companies offering eco-friendly solutions in energy, ...

The Trump administration has decided to close the Millennium Challenge Corporation, one of the main U.S. tools for development aid. • All ongoing programs are expected to stop, and partner countries ...

The African Union says solid geological data is crucial for mining growth. It helps launch exploration programs and cuts investment risks. Nigeria wants to tap into $700 billion in mining resources to ...