Chad is counting on the trans-Saharan fiber optic backbone to strengthen its digital infrastructure. The country frequently experiences Internet disruptions due to incidents on its infrastructure. The ...
Africa could see up to 3.3 million new direct jobs by 2030 in the green economy, particularly in sectors like solar energy, electric vehicle production, and climate-smart agriculture. This insight ...
IMF Africa Deputy Division Chief Antonio David notes in the October 2024 regional outlook that while African public debt is stabilizing, its cost remains a concern. In one out of four countries, debt ...
The operation will involve two bonds with 5- and 8-year maturities, offering fixed rates of 6.50% and 6.80%, to fund public projects. Burkina Faso's budget deficit is projected at 4.9% of GDP in 2024, ...
The international agency explains this rating by the improvements in the economic environment in WAEMU, even though political tensions continue in Niger, Mali, and Burkina Faso. Yesterday, Moody's ...
The report highlights that this record is nearly four times below the continent's needs, which are projected to reach around $190 billion annually by 2030. Climate funding for African countries ...
After focusing on North Africa since its launch in 2010, the Egyptian VC firm plans to gradually expand its operations into sub-Saharan Africa, starting with Kenya and some West African countries.
This agreement strengthens the military cooperation that began between Côte d'Ivoire and Turkey in 2015. On October 23, the Ivorian Ministry of Defense tweeted that it has signed a new military ...
In its latest report, the Mo Ibrahim Foundation reviewed governance trends in Africa from 2014 to 2023. A total of 33 countries improved, while 21 saw declines. The foundation emphasized the need for ...
In Senegal, SMEs make up 98% of the economy, yet they only access 9% of available credit, largely due to the banking sector's reluctance to lend. The African Guarantee Fund West Africa (AGF WA) has ...
United Bank for Africa experienced a 20.2% rise in pre-tax profit, reaching 603.48 billion naira (about $422 million) in the first nine months of 2024. This growth was driven by strong interest income ...
(Ecofin Agency) - The American rating agency cited the strength of Benin's economic and financial fundamentals to explain the revision of its outlook, despite the unstable international and regional ...