News

With the right policies, Africa has the potential to mobilize an additional $1.43 trillion in domestic resources from both tax and non-tax revenue sources, and curbing leakages. Africa’s economy is ...
South Africa explores US collaboration on hydraulic fracturing to access vast shale reserves • The Karoo Basin could hold up to 209 trillion cubic feet of gas, but legal and environmental hurdles ...
Natref refinery, operated by Sasol and Prax Group, risks closure following a January fire and mounting costs • Sipho Mkhize warns of economic viability concerns tied to logistics, infrastructure, and ...
Guinea withdraws 129 exploration permits for gold, diamond, and bauxite, returning titles to state control • AngloGold Ashanti among the companies affected, though permits revoked were already expired ...
The African Solidarity Fund has provided CFA225 billion ($390 million) in guarantees to support Niger’s development • Targeted sectors include education, energy, agro-industry, and economic ...
Aliko Dangote and three other African philanthropists featured in TIME’s 2025 philanthropy list • Collectively, their foundations have committed billions to health, education, and poverty alleviation ...
The African Development Bank (AfDB) has approved a $100 million equity investment in Arise Integrated Industrial Platforms (Arise IIP) to accelerate the rollout of special economic zones (SEZs) and ...
Egypt and Germany sign a $134 million agreement to support education and wind energy projects €32 million will fund 25 Centers of Excellence and applied technology schools Total value of debt swap ...
Algeria and Mauritania’s business council seeks a preferential agreement to strengthen bilateral trade The council advocates for barter mechanisms and removal of market access barriers Trade volume ...
Madagascar invests $2.2 million in airport upgrades as part of a broader €23.5 million modernization plan Ivato airport tarmac expansion is 80% complete; domestic terminal set for end-2025 completion ...
Tunisia and Iraq central banks sign cooperation protocol to advance banking oversight and digital payments The agreement supports financial inclusion, cybersecurity, and alignment with international ...
Minister for Communication, Digital Technology and Innovations, Samuel Nartey George (MP), has directed the National Communications Authority (NCA) and the Ghana Investment Fund for Electronic ...