News

Algeria and Occidental Petroleum signed study agreements on El Ouabed and Dahar. • The studies will assess hydrocarbon potential before any direct exploitation. • Hydrocarbons account for 83% of ...
Africa’s private equity market is shifting as exits increasingly involve sales between funds rather than IPOs or strategic buyers. • Q2 2025 saw 147 transactions, with mega deals rebounding, but ...
Tanzania and Burundi begin construction of a $2.15 billion cross-border railway. • The 240 km line will cut Dar es Salaam–Bujumbura cargo trips from 96 to 20 hours. • Project seen as strategic for ...
Insurers and reinsurers must comply with new capital requirements within 12 months or lose licenses. • Life, non-life, and reinsurance companies face steep hikes in minimum capital, up to ₦35 billion.
Inflation slowed for the third straight month, dropping from 23.71% in April to 21.88% in July. • Food inflation fell sharply year-on-year, from 39.53% to 22.74%. • Government wage hikes and tax ...
The government set a minimum farm gate price for shea nuts at CFA250 CFA ($0.44) per kilogram. • The government suspended raw shea nut exports to boost local processing. • Over 152,000 women in Ivory ...
Africa50 closed $118m for a green project fund to de-risk early-stage climate infrastructure in Africa. • The fund targets $400m to build bankable renewable, transport, ICT and water projects across ...
Nigeria has enacted sweeping new rules to govern its fast-growing digital lending market. • The regulators move to rein in abusive practices and give investors more certainty. • The sector is ...
Africa lacks government control, study says • Sahel worst affected; JNIM blamed for 83% of deaths • Burkina Faso accounts for 55% of Sahel’s victims An estimated 950,000 square kilometers (about ...
Yambi City is an annual festival that takes place every year-end in Kinshasa, driven by the Afrika Diva collective and spearheaded by activist rapper Orakle Ngoy. Since its creation, the event has ...
Late-July drought in Côte d’Ivoire and Ghana lifts cocoa futures despite weak global grindings data No official 2025/26 crop forecasts yet; private analysts see a possible 5–10% West African shortfall ...
China’s Mainland to invest $100M in Liberia's agriculture • Projects include rice, cassava, cocoa, and food logistics • Plan targets 150,000 farmers, boosts incomes up to 30% Chinese agri-food group ...