AfDB Approves $1M Investment in North Africa Growth Fund
The African Development Bank Group (AfDB) has approved a $15 million equity investment in RMBV North Africa Fund III to support mid-market growth companies and expand access to jobs and…
Business
African States Renew Egypt’s FARA Executive Board Seat Through 2029
Egypt has retained its seat on the Executive Board of the Forum for Agricultural Research in Africa (FARA) until 2029,…
Rwanda, Tanzania, Uganda Drive East Africa’s Growth as AfDB Urges Bold Financing Reforms
East Africa will remain Africa's fastest-growing region despite global economic headwinds, but governments must adopt innovative financing and accelerate reforms…
Ethiopia to host 2026 International Interest-Free Banking and Takaful Awards
The UAE-based AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) will host the International Interest-Free Banking & Takaful Awards…
Afreximbank Expands Pan-African Trade Network with New Platforms in Zimbabwe, Malawi
Africa Trade and Distribution Company Limited (ATDC), a subsidiary of African Export-Import Bank (Afreximbank), has signed agreements to establish national…
IMF Approves $33M Disbursement for Niger Under Extended Credit Facility
The International Monetary Fund (IMF) has approved an immediate disbursement of about $33 million to Niger after completing the ninth…
Uganda’s Annual Coffee Exports Surge 47%, Earnings Jump to $2.4Bn
Uganda's coffee exports rose nearly 47% in the 12 months through October 2025, generating a record US$2.4 billion in export…
Zimbabwe’s macadamia harvest projected to jump by up to 40% in 2026
Zimbabwe’s macadamia harvest could increase by 20 to 40 per cent in 2026 compared with the previous season, supported by…
Kenya targets 150,000 tonnes in new coffee production drive
Kenya has launched a national coffee revitalisation programme aimed at increasing annual coffee production from 50,000 to more than 150,000…
Ghana’s gold reserves climb to 24.4 tonnes by June 2026
Ghana's official gold reserves climbed to 24.4 tonnes in June 2026, reaching a total value of US$3.65bn, according to the…
Zimbabwe Commissions 1st Lithium Processing Plant to Boost Value-Added Production
Zimbabwe has commissioned its first lithium processing plant, marking a major step in its strategy to curb raw mineral exports…
Egypt Hosts ICAO’s AFI Aviation Week for 1st Time, Spotlighting Africa’s Aviation Future
On Monday, Egypt inaugurated the 11th Africa-Indian Ocean (AFI) Aviation Week, hosting the International Civil Aviation Organization's (ICAO) flagship regional…
East African States Push Ahead With Plan for Single Currency by 2031
East African Community (EAC) central bank governors reaffirmed their commitment to launching a single regional currency by 2031 after reviewing…
