News

Mali seeks $176M via WAEMU bond offering launched July 28, with 7- and 5-year tranches at 6.55% and 6.35%. • Funds aim to ease fiscal pressure amid flooding, mine shutdown, and 3.4% deficit in 2025. • ...
September 2008 laws already set $185-$340 axle tax on trucks >3.5t, but never applied. • Kongo Central was picked first because Matadi port handles the bulk of the national freight. • FONER plans a ...
Glo launched a network upgrade plan after a 50% telecom tariff hike. • It aims to add 1,000+ 4G sites and adopt hybrid energy solutions. • With 20.6M users, Glo seeks growth in underserved areas to ...
Africa’s 2024 FDI jumped to USD 97 bn (+75 %), but almost two-thirds came from Egypt’s USD 35 bn Ras El-Hekma smart-city; excluding it, growth was only 12 %. The continent secured barely 5 % of the ...
M&A deals in African tech hit a record 29 in H1 2025, led by fintech and market consolidation. • 20 startups expanded regionally or globally, with Nigeria and Egypt leading. • Funding rose 78% to ...
The scope of future digital cooperation with Turkey is yet to be defined. Gabon set four priorities: modernise public administration, expand infrastructure, secure data, train digital talent. Ongoing ...
Kenya plans tea export deal with Algeria, discussed at UN summit. • Part of effort to diversify markets beyond top 10 buyers. • Algeria's tea market is dominated by China, posing entry challenge.
Tanzania opens Kwala dry port July 31 to ease Dar es Salaam congestion. • Rail link boosts trade with Rwanda, Burundi, and DRC. • Part of broader logistics and infrastructure upgrade. Tanzania is ...
Nigerian oil firms expand in Africa, led by FIRST E&P’s new deal in Tanzania. • Past ventures include projects in Equatorial Guinea, Uganda, and Namibia. • Local firms gain ground as global majors ...
Angelique International will establish a tractor-assembly facility in the DRC. The company already runs similar plants in six African countries and is executing the Kakobola dam project in the DRC. It ...
The agreement states that students will exchange for a semester or a year each year. It also includes joint research focused on tropical-ecosystem preservation, climate-change mitigation, and ...
Uganda’s coffee export earnings reached $2.2 billion in 2024/2025, doubling from $1.14 billion the previous year. Coffee export volumes grew by 25%, with 7.7 million bags (462,000 tonnes) shipped ...