News

DR Congo extends cobalt export ban by 3 months. • Prices up 45% since February to $30,200/ton. • Quotas may replace ban in future review. The Democratic Republic of Congo's suspension of cobalt ...
Traffic congestion costs African economies an estimated $314 billion annually, according to a report by the French multinational Alstom. This figure is equivalent to four times Côte d’Ivoire’s Gross ...
West Africa is Africa's primary cotton production hub. While Benin and Mali remain the undisputed leaders, Côte d’Ivoire and Burkina Faso are engaged in a tight competition to secure a lasting hold on ...
Nigeria announced a $400 million foreign investment deal to develop what could become Africa’s largest rare earths and critical minerals processing plant. The project, led by Hasetins Commodities Ltd, ...
IFC lends $425M to Maroc Telecom for Chad and Mali networks. • Funds target 4G rollout and Mobile Money expansion. • Move backs Africa’s digital drive, boosts regional presence. The International ...
Nsia to launch securitization deals in Côte d’Ivoire, Benin, Guinea, Senegal, Togo • The move aims to unlock more credit for small and medium-sized businesses • Nsia completed a $70 million ...
Ouattara delayed announcing 2025 candidacy, promises decision soon. • RHDP backs him; opposition calls the run unconstitutional. • A fourth bid may heighten political tensions. On Sunday, June 22, ...
The announcement highlights the growing role of public-private partnerships in driving Africa’s digital transformation and underscores Comoros’ ambition to become a more connected, innovative, and ...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital financial companies must innovate to continue growing. Djamo, founded in Côte d’Ivoire, is a ...
Highlights: • Nigeria and Benin agree to deepen bilateral ties as a model for West Africa • The deal aims to ease trade, improve infrastructure, and push regional unity • Leaders warn that ECOWAS ...
Nigeria secures €20 million from Germany to support its energy transition • The funds will promote renewables, expand infrastructure, and build skills • Nigeria targets 50% renewable electricity and ...
Highlights: • Kenya leads Africa’s 2024 Electricity Regulatory Index alongside Senegal • Strong reforms and governance praised but families face high electricity bills • Legal disputes over land ...