J.P. Morgan voices confidence in Afreximbank's bonds, despite the bank's exposure to sovereign debt and potential for further rating downgrades • Afreximbank's dubious credits have hit 7.1% at end of ...

USDA forecasts 8% increase in paddy rice output, reaching 2.96 million tons • Cultivated area projected to expand 8% to 850,000 hectares • Improved climate, reduced pest pressure, and policy support ...

Visa appoints Aminata Kane as Senior VP for West and Central Africa • Kane brings over 10 years of experience in digital finance and telecoms • She will lead efforts to expand financial inclusion and ...

CNPC and South Sudan sign plan to rehabilitate key oil blocks 1, 2, 3, 4, and 7 • Output remains at 60,000–90,000 barrels/day amid ongoing export disruptions • CNPC commits resources and tech support; ...

President Museveni signs law allowing military courts to judge civilians • Move follows Supreme Court ruling barring such trials as unconstitutional • Critics see the measure as undermining rule of ...

Giyani Metals receives EXIM Bank interest for $225 million in project financing • K.Hill to become Botswana’s first manganese mine, with $284 million capex • Site expected to produce 80,000 tons of ...

Fixed broadband remains too expensive across Africa, limiting access and usage • High setup fees and limited fiber network coverage hold back adoption • Experts call for stronger investment and public ...

Government to invest $30.9 million yearly to boost sugar sector • Funds sourced from a 4% Sugar Development Levy on local output and imports • Allocation to cover plantation expansion, infrastructure, ...

Jobless rate drops 0.8 points year-on-year, steady quarter-on-quarter Youth and women see unemployment rise despite overall improvement Member states pursue national strategies to boost job creation ...

Lion Group to explore and exploit gold, copper, and manganese in Algeria Malaysian firm plans $8 billion investment in metallurgy and steel sectors Mega project to be established in Boumerdès over 300 ...

ECF and RSF agreements Funds to support macroeconomic stability and climate resilience Growth forecast cut to 3.2% amid tourism slowdown The International Monetary Fund (IMF) has approved a ...

Government targets tech hubs, skills development, and startup funding Over 21 million young Tanzanians already active in digital sectors Internet subscriptions surged 86% between 2020 and 2024 ...