News

IMF lowers 2025 growth forecast for Sub-Saharan Africa from 4.2% to 3.8% Trade tensions and tariff hikes by the United States are dragging down the global economy South Africa and Nigeria among the ...
Algeria and Saudi Arabia signed five agreements on April 20 to strengthen economic cooperation. The deals cover tourism, trade, industry, and legal services. Both countries aim to expand investment, ...
Côte d’Ivoire ranks third in Africa for fiber optic development, behind Mauritius and South Africa. The country moved up five spots in one year, surpassing major economies like Nigeria, Egypt, and ...
Mobile data in Sub-Saharan Africa cost 3.9% of monthly income in 2024, the highest rate globally Only 38% of the population had access to the Internet, compared to a global average of 68% High prices ...
The launch of the agency’s headquarters marks a turning point for Africa’s collective ambitions in space, signaling a new chapter of continental ownership, strategic partnerships, and innovation. On ...
MTN MoMo Uganda, in partnership with Sanlam Investments East Africa, has launched Yinvesta, a unit trust investment product designed to make investing easy and accessible for all Ugandans. The launch ...
Mobilis, Algeria's leading mobile operator, has completed its first 5G trials in Algiers. The tests achieved impressive connection speeds and demonstrated 5G’s potential for various uses. The company ...
Tunisia has issued between 200 and 300 certificates of origin for African exports The documents will help companies access lower tariffs under the free trade deal starting in 2026. Tunisia still has ...
Mali is preparing to activate its long-dormant sovereign investment fund. The country is drawing on Burkina Faso’s experience to guide the process. A delegation from Burkina Faso will share its model ...
Seychelles leads Africa in low financial crime risk, followed by Botswana and Mauritius, according to a new global index. No African country made the “top tier,” but 11 countries were classified as ...
Gold Fields operated Damang as its second gold mine in Ghana, but its permit will expire on April 18 after the government declined to renew it. The Ministry of Lands and Natural Resources said on ...
In its 2025 outlook, Orezone Gold projects Bomboré mine output will range from 115,000 to 130,000 ounces, up against last year’s total of 118,746 ounces. Orezone Gold reported on Wednesday, April 16, ...