Illicit gold: UAE took 591 tonnes in 2024, most from Africa

A Swissaid report estimates that 42 per cent of the UAE's 2024 gold imports were smuggled or came from conflict zones, with African producers the main source.

By DNE Africa 8 Min Read
Ad imageAd image
Ad imageAd image
Ad imageAd image

Business

Botswana Secures $503.75M in AfDB Financing to Cushion Energy Shocks, Create Jobs

Programme aims to ease energy costs, increase private investment and expand support for micro, small and medium-sized enterprises and job…

By Ahmed Emam 6 Min Read

WCAF V: AfDB, UKEF Finance Sign MOU to Mobilise Financing for Africa

The African Development Bank Group (AfDB) and UK Export Finance (UKEF), the United Kingdom’s export credit agency, have signed a…

By Ahmed Emam 3 Min Read

Egypt Highlights 23% Share of Intra-COMESA Exports, Reaffirms Commitment to African Integration

Egypt accounted for 23% of total intra-regional exports within the Common Market for Eastern and Southern Africa (COMESA) in 2025,…

By Ahmed Emam 3 Min Read

Mauritania, EU Step Up Talks to Renew Sustainable Fisheries Agreement

Mauritania and the European Union (EU) have intensified negotiations to renew their sustainable fisheries partnership protocol ahead of its expiry…

By Ahmed Emam 2 Min Read

AfDB Grants €40M to AFG Bank for Trade Finance

Cameroonian businesses, particularly small and medium-sized enterprises (SMEs), will enjoy improved access to trade finance through a €40 million facility…

By Ahmed Emam 4 Min Read

EXCLUSIVE: Tanzania Railway Could Unlock Regional Trade as Egypt’s Arab Contractors Undertakes Feasibility Studies

Titus Thobias tells DNE Africa the Mtwara–Songea–Mbamba Bay railway could create thousands of jobs and strengthen regional commerce, but warns…

By Ahmed Emam 9 Min Read

Egypt Trains COMESA Central Banks on Climate Risk Stress Testing

The Central Bank of Egypt (CBE) has trained 25 representatives from 11 central banks across the Common Market for Eastern…

By Ahmed Emam 2 Min Read

Ghana Pushes IMF, WB to Integrate Slavery Reparations Into Development Financing

Ghana is seeking to bring reparations for slavery and colonialism into the financing frameworks of the International Monetary Fund (IMF)…

By Ahmed Emam 4 Min Read

Coursera: Ghana, Nigeria Record Sharp Growth in AI Skills Training

Enrolments in artificial intelligence (AI)-related micro-credentials rose 95% in Ghana and 93% in Nigeria over the past year, as both…

By Ahmed Emam 4 Min Read

Ramaphosa Warns of Economic Fallout if South Africa Loses US Trade Benefits

South African President Cyril Ramaphosa has warned of a potentially devastating economic impact if the country loses preferential access to…

By Ahmed Emam 2 Min Read

IMF Team to Assess Ghana’s Economic Reforms Ahead of 2027 Budget

An International Monetary Fund (IMF) delegation led by Ruben Atoyan is expected to arrive in Accra this week for a…

By Ahmed Emam 2 Min Read

Egypt, Nigeria Seek Closer Investment Ties as Dangote Weighs Up to $15bn in Projects

Egypt and Nigeria are exploring new avenues for cross-border investment, as Nigerian industrial conglomerate Dangote Group considers committing $10 billion…

By Ahmed Emam 5 Min Read