Banks’ exposure to sovereign risk rose to 32% of total assets in 2024 48.8% of banks’ treasury assets were invested in public securities Cameroon, Congo, and Gabon generated over 90% of sector net ...

Huawei Northern Africa concludes today the Huawei Northern Africa Inclusive Energy Summit 2025 at the Four Seasons Hotel in Sharm El-Sheikh, Egypt. The event, brought together more than 300 government ...

Theta Gold signs non-binding $80 million loan term sheet with Nebari Financing aims to fund TGME project, first gold in early 2027 Mine expected to produce 1.14 million ounces over 14.5 years South ...

Carrefour to enter Ghana retail market in 2026 via franchise Shoprite Ghana stores to be rebranded Carrefour from April 2026 Plan includes opening five more stores by 2028 French retailer Carrefour ...

Ethio Telecom to extend telehealth services to 200 more hospitals Expansion aims to cut costs and improve healthcare access Rollout supported by 4G, 5G and broadband upgrades Ethiopia’s state-owned ...

Despite their central role in African trade, ports remain hampered by fragmented, non-comparable data, driving up logistics costs and constraining investment. To address this, the African Development ...

Guinea-Bissau suspends participation in CPLP, foreign ministry says Government cites statute breaches and refusal to recognise its chairmanship Suspension to remain until rotating presidency is ...

Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury hotel, serviced apartments and branded residences near ...

Morocco commits 1.3 billion dirhams to support domestic startups Funding targets business creation, venture capital, and Technopark network Programs aim to create 1,000 startups by 2026 Morocco will ...

Orezone produces first gold at new Bomboré plant on December 15 $80 million facility targets 45% output increase by 2026 Bomboré production forecast to rise to about 185,000 ounces in 2026 Orezone ...

BEAC raises key interest rates to support CFA franc Policy rate lifted to 4.75% amid falling foreign reserves Shift reverses earlier easing criticised by the IMF The Bank of Central African States ...

Kenya signs a $311 million investment agreement to build two high-voltage transmission lines Africa50 and PowerGrid Corporation of India join the project under a 30-year PPP concession The investment ...