News

WAEMU’s inflation dropped from 2.2% in March to 1.5% in April 2025 • BCEAO attributes the decline to falling food, housing, and transport prices • Mali posts highest inflation; BCEAO cuts policy rate ...
AFC identifies $4 trillion in African funds that could finance infrastructure • Most assets sit in low-yield, short-term investments outside the continent • Reforming financial systems and markets ...
African green hydrogen exports to Europe could face higher costs than projected • Study warns current models overlook country-specific investment risks • Only 2.1% of potential African sites may reach ...
Home to one of the largest tributaries of the Congo River, the Central African Republic (CAR) and the Democratic Republic of the Congo (DRC) will benefit from a pioneering cross-border initiative to ...
Ghana, Africa’s top gold producer with 4.8 million ounces declared in 2024, is seeking to elevate its position in the global bullion market by obtaining a London Bullion Market Association (LBMA) ...
IMF disburses $58 million under Extended Credit Facility in • Funds support fiscal reforms, digitization, and public service spending • Growth projected to rise to 3% in 2025 if reforms are swiftly ...
South Africa generated $3.36 billion in agricultural export revenue in the first quarter of 2025, marking a 10% increase over the same period in 2024. The announcement was made on June 3 by Minister ...
Global energy investment is expected to reach a record $3.3 trillion in 2025 • Nearly two-thirds will go to low-carbon technologies like solar and batteries • Africa receives only 2% of clean energy ...
New mining code increases state’s free stake in projects from 10% to 15% WAF confirms higher state participation in Sanbrado, Toega, and Kiaka mines Burkina Faso may boost paid stake to 45% under new ...
Tullow Oil and Kosmos Energy plan to invest $2 billion to drill up to 20 new wells in Ghana, under a new agreement with the Ghana National Petroleum Corporation (GNPC). The deal, disclosed on June 4 ...
AfDB raised $3 billion in a two-part bond issuance in U.S. dollars. The deal included the Bank’s first-ever 10-year global dollar bond. Strong market demand showed confidence in the Bank’s leadership ...
IFC to acquire stake in KERA Health, an AI-based e-health platform in Senegal Funding to support digitized health services expansion across WAEMU region Project aims to lower patient costs and improve ...