News

Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société Générale Burkina Faso (SGBF). •The move is part of Vista Group's pan-African expansion strategy and ...
Mali plans to increase its total cotton cultivation area to 672,000 hectares in the 2025/2026 season, marking a 7.8% or 50,000-hectare increase from the previous area. • Along with this expansion, the ...
Tanzania Railways Corporation inaugurated freight service on the Standard Gauge Railway (SGR) between Dar es Salaam and Dodoma. • The SGR is part of a $6 billion strategy to turn Tanzania into East ...
World Bank advocates for green jobs as a strategic solution for Gabon's economy and youth unemployment. • Despite natural wealth, training in sustainable sectors is lacking, hindering job creation. • ...
• Gabon signs two major financing agreements with Afreximbank totaling over $3.2 billion. • Projects target mining sector transformation, expanded energy capacity, and improved transport ...
Marcellin Paluku, Deputy Chief of Staff at the Ministry of Mines, highlighted that 80% of Congolese mines currently operate in partnership with Chinese firms—a concentration he considers a “risk” for ...
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.
• 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 ...
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 ...
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 ...