• 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. • ...

(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 ...

Nigeria’s decision to slash the approval timeline for oil exploration and production contracts from three years to just six months has reignited investor enthusiasm for its oil sector. This bold ...

In 2024, only 38% of Africa’s population had internet access, significantly lower than the global average of 68%, according to the International Telecommunication Union (ITU). To bridge this gap, the ...

Cashews made up 93% of 2023 export revenue. Guinea-Bissau has transported 208,833 tons of cashew nuts from production zones to the capital, Bissau, the country’s main port, as of mid-2025. This figure ...

Egypt has launched construction of a new solar photovoltaic industrial complex in the Suez Canal Economic Zone (SCZONE), located in Ain Sokhna. Work began on Thursday, June 19, as part of the ...

Aims to ease supply disruptions, boost rural access, and create local jobs. Gabon is advancing on the long-awaited Alembé-Mikouyi road development and paving project, a 300-kilometer stretch crossing ...

Foreign banks and international investors can now apply for banking licenses in Ethiopia, the National Bank of Ethiopia (NBE) announced on Wednesday, June 25. “The Ethiopian banking sector is now ...

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.

Africa may reach fertilizer self-sufficiency by early 2028, according to Nigerian billionaire Aliko Dangote. Speaking on June 27 at the 32nd Annual Meetings of Afreximbank in Abuja, Dangote said ...

Endeavour Mining produced 1.10 million ounces of gold in 2024, leading West Africa La Mancha, controlled by Egypt’s Sawiris family, holds the largest stake at 18.4% Endeavour operates five gold mines ...