SPECIAL REPORT: Sudan War Fuels Illegal Gold Rush Along Egypt’s Southern Border
Egypt's southern border with Sudan is emerging as a new frontline in the battle against illegal gold mining, as the conflict in Sudan fuels the expansion of informal mining networks…
Business
Nigeria Lifts Five-Year Mining Ban in Zamfara, Cites Improved Security
Nigeria has lifted a five-year ban on mining activities in Zamfara state, a region rich in gold, lithium, and copper,…
Sanctions on Russian Diamonds Pose Significant Challenges for African Economies, Report Reveals
The recent wave of sanctions imposed by the G7 and the European Union on Russia’s diamond industry has raised concerns…
How Egypt Can Leverage Fintech and African Free Trade Deals to Create a Long-Term Revenue Stream
Earlier this year, Egypt captured global attention with a significant $35 billion funding deal from the UAE, with additional investments…
Russia Plans Major Increase in Grain & Fertilizer Exports to Nigeria
Russia is positioning itself to become a major supplier of grain and fertilizers to Nigeria, with projections indicating that some…
Kenya Restores Power After Major Blackout Disrupts Electricity and Internet
Kenya Power and Lighting Company announced the restoration of power supply on Wednesday following a significant blackout that disrupted electricity…
Senegal Seeks Debt Extension Amid Fiscal Revisions
In June 2023, the International Monetary Fund (IMF) approved a $1.8 billion support package for Senegal, which included a $1.51…
Ethiopia Greenlights Foreign Banks to Enter Market Amid Economic Reforms
In a historic move, the Ethiopian Parliament has officially approved Proclamation 1359/2024, paving the way for foreign banks to operate…
Tanzania Secures Record $7.7 Billion in Investments for 2024
Tanzania has registered $7.7 billion in investments in 2024, the highest amount recorded since 1991, according to the Tanzania Investment…
East Africa Electric Highway Boosts Regional Power Transmission and Cooperation
A significant development in the East African energy sector has been achieved with the successful trial of power transmission from…
Royal Air Maroc Named Best Airline in Africa for Second Consecutive Year
Royal Air Maroc, Morocco's state-owned flag carrier, has been named the "Best Airline in Africa" for the second consecutive year,…
South Africa to Establish G20 Africa Expert Panel
South Africa intends to establish a G20 Africa Expert Panel to support the G20 Finance Track, Finance Minister Enoch Godongwana…
Ethiopia Doubles Coffee Production, Aims for $2 Billion Revenues
Ethiopia's coffee production has doubled in the last five years, reaching one million tonnes annually, Prime Minister Abiy Ahmed announced.…
