News

Nearly 600 million Africans lack electricity, equal to 80% of the global deficit. Power shortages hit telecoms, data centers, and digital services across the continent. World Bank, AfDB, and donors ...
Mastercard and Circle expand their partnership to enable EEMEA banks to settle transactions in USDC and EURC stablecoins. The move aims to reduce remittance costs, expedite cross-border payments, and ...
Mali hosts two lithium mines, Goulamina and Bougouni, which are primarily controlled by Chinese firms that channel their output through local subsidiaries. Exports from Kodal Minerals’ Bougouni mine ...
Sadot and Vodacom’s MOTI launch Africa’s first telco-powered farm-to-fork app to cut crop losses and bypass middlemen. The Zambia pilot links farmers to buyers with instant M-Pesa payments, AI pricing ...
UN report shows Nigeria among the hardest hit globally by soaring prices of starchy foods and oils between 2019 and 2024. Prices of maize, yam, vegetable oil, and wheat flour multiplied up to tenfold ...
Kenya Airways aims to raise $500 million by Q1 2026 to expand its fleet from 34 to 53 aircraft over five years. • The airline posted a pre-tax loss of about $94.1 million in H1 2025 due to grounded ...
E-money institutions in WAEMU grew revenues to CFA291.3bn in 2024, up from CFA172.9bn in 2022. Despite growth, they posted a net loss of CFA17.3bn in 2024, their third year in deficit. The sector ...
Nigeria and Brazil roll out the $8bn Green Imperative plan, including $2.5bn in livestock investment with JBS. The project calls for 10,000 tractors, 50,000 tools, and aims to create over 5 million ...
Google launched Flight Deals, an AI feature that finds the cheapest tickets. Airfares in Africa remain among the highest globally due to heavy taxes and limited liberalization. Wider use of AI ...
Pasofino Gold plans an Environmental and Social Impact Assessment (ESIA) for its Dugbe project. The project aims for an average annual production of 172,000 ounces of gold over 14 years. The company ...
CCA Bank plans first expansion outside Cameroon with a new branch in Chad, following talks with the finance minister. • The entry would make CCA the 11th commercial bank in Chad, where financial ...
Senegal’s Q1 2025 growth is estimated at 12.1%, driven by oil production, while non-oil GDP rose by only 3.1%. Public debt was revised to 118.8% of GDP by the end of 2024, following the discovery of ...