News

Ghana aims to secure LBMA license to boost refinery access to global markets • Reforms include gold traceability, miner training, and certified lab setup • Most artisanal gold activity remains ...
Lottery authority Lonab to invest $5.2 million in Agricultural Bank of Faso • Move part of capital raise to expand lending to underserved farm sector • Lonab also investing in health and textile firms ...
South Africa earned $3.36 billion from agricultural exports in Q1 2025 • Revenue rose 10% year-on-year due to higher volumes and global prices • Key exports included grapes, corn, apples, and wine ...
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 ...
CFM and SODEN secure $3 million for 76 MW cocoa biomass plant in Divo • Project to produce 550 GWh/year, cut 300,000 tons of CO₂, and aid 36,000 farmers • Full financing expected by 2026, with plant ...
Tullow and Kosmos plan to drill 20 new wells under extended field licenses $2 billion investment aims to offset declining reserves and raise output Deal includes gas pricing reforms and targets 130 ...
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 ...
Internet use in Africa is growing twice as fast as the global average Only 38% of Africans are online in 2024, far below the 68% global rate Sharp digital divides persist across gender, age, and ...
Vodacom Tanzania Foundation to invest $1.3 million over three years Over 300,000 teachers to gain digital tools and connectivity KiuFunza program to expand to 865 schools, reaching 360,000 students ...
BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in early 2025 amid stable macroeconomic outlook Policy aims to support credit access and economic activity ...
Côte d’Ivoire adds kola nuts to new agricultural commodity exchange in Abidjan Sector faces declining output, poor structure, and lower export earnings Market listing aims to improve pricing, ...