Benin has approved a new five-year plan focused on urban development, transportation, and environmental sustainability. The plan will require around $9.7 billion, with over half of the funding coming ...

Ecobank Côte d'Ivoire plans to raise up to CFA30 billion ($52 million) to support its operations The funding will take the form of loans, issued in one or more stages over two years The bank reported ...

Morocco to buy up to 600 FIM-92K Stinger missiles from U.S. defense firms • Deal includes engineering, logistics, and technical support services • Washington says sale will boost regional security and ...

The IMF has approved $129 million for Mali under its Rapid Credit Facility. • The money will help cover urgent balance of payments needs following recent floods. • Mali has committed to fiscal reforms ...

WTO now expects global goods trade to shrink by 0.2% in 2025, reversing its earlier forecast of 2.7% growth. • Tariff tensions, especially between the United States and China, are weighing heavily on ...

This partnership could help Ghana in its digitalization agenda, improve service delivery, enhance climate resilience, and build a greener, smarter economy. By aligning with a partner like Denmark, ...

African-based investors accounted for 31% of all VC backers in 2024, up from 29% the year before Total venture capital activity in Africa dropped to $2.6 billion, reflecting a global investment ...

Aya Gold & Silver launched a new silver plant in Morocco last year, further boosting its production capacity in the country. Over the same period, it produced 1.65 million ounces. This year, the firm ...

Gold Fields applied to extend the mining lease for its Damang gold mine in Ghana, but the government rejected the request, leaving the mine's future uncertain. Gold Fields faces an imminent shutdown ...

As the global race for critical minerals like copper, cobalt, and lithium intensifies, African nations strive to have a more strategic role in these lucrative value chains. Yet, this ambition is ...

First Quantum Minerals relied on Zambia for 93% of its copper production, with the Kansanshi and Sentinel mines delivering 402,000 tonnes and anchoring the company’s copper portfolio. On April 15, ...

Nigeria’s inflation rate climbed to 24.23% in March 2025 from 23.18% in February This marks the first monthly rise in the inflation rate since the beginning of the year Food, transport, and ...