News

Africa's gas output fell 17 bcm in 2024 • Algeria led decline due to aging production fields • Delays, underinvestment threaten Africa’s export reliability Africa's natural gas production declined in ...
Togo’s GDP grew 17.7% in Q4 2024 • Agriculture, construction, services drove sharp year-end rebound • Electricity, hospitality, and public sector saw major declines The Togolese economy accelerated ...
Burkina Faso announced visa-free entry for all African nationals under its 2025 supplementary finance law. The measure seeks to boost tourism, business travel, and regional integration while ...
Kenya’s BasiGo unveils KL-9 electric bus with King Long, assembled locally by KVM. • Company targets 20 buses a month by 2026 and 1,000 in circulation by 2027. • Strong backing includes $42 mln Series ...
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africans. What started as a tool for sending and receiving cash by phone has turned into the backbone of ...
Morocco signs deal to develop a national platform for responsible AI. • Project to focus on LLMs tailored to Moroccan language, culture, and law. • Initiative part of Digital Morocco 2030 strategy to ...
World Bank says 70% of IDA21’s $100bn concessional funds may go to Africa, Bloomberg reports. 44 African countries, majority of IDA beneficiaries, are eligible to monitor the new cycle. Donor pledges ...
Africa registered a 12% increase in international tourist arrivals in H1 2025, the highest global growth. North Africa and Sub-Saharan Africa both achieved double-digit growth. Global tourist arrivals ...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 2025. Arise IIP fundraising hits $1.25bn in 2025, with Afreximbank and African Development Bank among key ...
(AfDB)-African leaders, experts, the African Development Bank and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth ...
Djamo has obtained the first microfinance license issued by the BCEAO to a fintech. The license allows Djamo to offer regulated products including remunerated savings accounts up to 6% annual interest ...
Acumen rolls out second KawiSafi fund with $90 million capital, $40 million secured. • Fund targets 50 million people, avoiding 50 million tons of CO₂ emissions. • Focus on clean energy, transport, ...