News

Mediterrania Capital Partners finalizes full sale of its 10.5% stake in Akdital. • Exit comes after Akdital’s strong financial growth and a major capital increase in 2024. • Akdital plans major ...
Italy increases support to IDA by 25% to help drive sustainable growth in Africa. • The agreement will fast-track Italy’s Mattei Plan, focusing on infrastructure, energy, agriculture, education, and ...
The European Investment Bank (EIB) has pledged $60 million to LeapFrog Investments to help scale up green technologies across Africa and Asia. The investment aims to bring more eco-friendly tools and ...
The Trump administration has decided to close the Millennium Challenge Corporation, one of the main U.S. tools for development aid. • All ongoing programs are expected to stop, and partner countries ...
This cybersecurity incident involving MTN Group, one of Africa’s largest telecom providers, is important for several key reasons, especially given the growing digital footprint of users across the ...
WAEMU’s foreign exchange reserves rose 42% in 2024 to reach CFA13.5 trillion • The jump was driven by stronger export earnings, rising gold prices, and a better external environment • The boost could ...
(Ecofin Agency) - Africa is making significant strides in advancing its space technology landscape, marking a new era of innovation, connectivity, and collaboration across the continent. With growing ...
(Ecofin Agency) - Paladin Energy restarted uranium production at its Langer Heinrich mine in Namibia in March 2024. However, last month, the mine was flooded by heavy rains, forcing a temporary halt ...
The African Union says solid geological data is crucial for mining growth. It helps launch exploration programs and cuts investment risks. Nigeria wants to tap into $700 billion in mining resources to ...
Eurasian Resources Group (ERG), a major mining company operating in Africa, has firmly denied reports that it is negotiating a sale. The company is 60% owned by its founders and 40% by the Kazakh ...
• Move comes as global trade pressure rises, especially from the U.S. On April 23, 2025, the Ivorian Council of Ministers approved a new ordinance that will gradually lower import tariffs on thousands ...