IFC eyes over $2.2bn investments in North Africa this year
The International Finance Corporation (IFC) plans to inject more than $2.2bn in new financing across North Africa this year, covering 10 countries including Egypt, according to Cheick-Oumar Sylla, Director for…
Business
Cameroon Acquires Majority Stake in Société Générale Branch to Boost Financial Sovereignty
In a landmark deal signaling a shift toward greater national control over strategic financial institutions, French banking group Société Générale…
Qatar Airways Deepens Africa Expansion with New Deals and Airport Investment
Qatar Airways Expands Strategic Foothold in Africa Through New Deals and Airport Investments Qatar Airways is intensifying its presence across…
US Tariffs on South Africa Hit White Farming Communities Hard
South Africa’s white farming community is expected to bear the brunt of newly imposed 30% tariffs by the United States,…
Botswana Devalues Pula Amid Global Diamond Market Slump
Botswana has announced a 2.76% devaluation of its national currency, the pula, as part of a revised monetary strategy to…
Massive Gas Discovery Off Angola Boosts Nation’s Energy Prospects
Angola’s energy ambitions received a major boost following the announcement of a significant offshore natural gas discovery by Azule Energy,…
Zimbabwe Successfully Tests Locally Made Lithium-Ion Battery, Eyes Mass Production
Zimbabwe’s state-owned company Verify Engineering has confirmed the successful testing of a locally produced lithium-ion battery, in a development hailed…
Four African Billionaires Hold More Wealth Than Half the Continent’s Population – Oxfam
Just four of Africa’s richest individuals possess more wealth than half of the continent’s population—approximately 750 million people—according to a…
Mali Sells Gold from Disputed Barrick Mine Amid Legal Standoff
Mali’s transitional government has approved the exceptional sale of one metric ton of gold—worth approximately $106 million—from the Loulo-Gounkoto mine,…
South Africa, Russia Push Back Against Trump’s Tariff Threats over BRICS Policy Alignment
South Africa and Russia have both rejected accusations of hostility toward the United States, following threats by U.S. President Donald…
Ethiopia, IOM Sign Deal to Boost Migrant Returns Amid Surge in Repatriations
Ethiopia has signed a new cooperation agreement with the International Organization for Migration (IOM) to support the safe return and…
UN Report Links Rwandan-Russian Firm to Smuggled Congolese Minerals, Funding Conflict
A confidential United Nations report has accused a Rwandan company with Russian ties of trafficking minerals from areas controlled by…
Donkey Skin Trade Threatens Rural Livelihoods Across Africa
A booming global trade in donkey skins, driven by high demand from China, is placing immense strain on rural communities…
