Sovereign Metals signs collaboration agreement with World Bank’s IFC IFC may finance Malawi Kasiya rutile, graphite project, costing $665 million Project studies ongoing; mine could generate $640 ...

French journalist Christophe Gleizes files cassation appeal against Algeria conviction Appeal challenges seven-year sentence for terrorism-related charges Case fuels press freedom concerns and ...

Port of Dakar launches Jambaar project to modernize non-container terminal €85 million investment targets bulk and conventional cargo handling Strategy aims to complement, not compete with, future ...

Ten banks showed a net capital deficit of CFA247.3 billion in 2024 Nearly 40% of banks failed to meet all capital prudential standards Higher minimum capital requirements will take effect from 2026 In ...

Deal covers two new high-voltage transmission lines Private partners will finance and build under a 30-year concession Project aims to cut outages and support economic activity Kenya on December 15 ...

ECOWAS leaders named Senegal to lead the Commission for 2026–2030 Appointment reflects member states’ confidence in Senegal’s leadership Decision comes amid security, political, and governance ...

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility will produce frozen foods with 600 tons monthly capacity Project targets exports and could create over 5,000 ...

Kenya approved two national infrastructure funds targeting KSh5 trillion ($38.7 billion) The government seeks to mobilise private capital and reduce reliance on debt and taxation Transport, energy and ...

Carrefour plans to enter Ghana in 2026 through a franchise partnership The group will take over and rebrand Shoprite Ghana’s seven hypermarkets Carrefour targets 12 stores in Ghana by 2028 under its ...

Despite their central role in African trade, ports remain hampered by fragmented, non-comparable data, driving up logistics costs and constraining investment. To address this, the African Development ...

Banks’ exposure to sovereign risk rose to 32% of total assets in 2024 48.8% of banks’ treasury assets were invested in public securities Cameroon, Congo, and Gabon generated over 90% of sector net ...

Guinea-Bissau suspends participation in CPLP, foreign ministry says Government cites statute breaches and refusal to recognise its chairmanship Suspension to remain until rotating presidency is ...