Africa’s 2024 FDI jumped to USD 97 bn (+75 %), but almost two-thirds came from Egypt’s USD 35 bn Ras El-Hekma smart-city; excluding it, growth was only 12 %. The continent secured barely 5 % of the ...

The agreement states that students will exchange for a semester or a year each year. It also includes joint research focused on tropical-ecosystem preservation, climate-change mitigation, and ...

The scope of future digital cooperation with Turkey is yet to be defined. Gabon set four priorities: modernise public administration, expand infrastructure, secure data, train digital talent. Ongoing ...

Angelique International will establish a tractor-assembly facility in the DRC. The company already runs similar plants in six African countries and is executing the Kakobola dam project in the DRC. It ...

Uganda’s coffee export earnings reached $2.2 billion in 2024/2025, doubling from $1.14 billion the previous year. Coffee export volumes grew by 25%, with 7.7 million bags (462,000 tonnes) shipped ...

CCBA invested $20.4 million to expand its Midrand plant’s production capacity. The new line will bottle 72,000 units per hour, targeting growing demand for Bonaqua and Powerade. This is part of a ...

Diageo may sell its East African beer operations worth up to $2 billion. The company has hired Bank of America and Goldman Sachs for a strategic review. French brewer Castel emerges as a likely buyer ...

Africa will boost fish consumption by 24% from 2025 to 2034, outpacing the global average of 13%. Per capita fish consumption remains low in Africa (around 10 kg) but demand rises due to population ...

Asara aims to raise $25 million through a share placement to fund gold exploration in Guinea. The company will drill at Talico, Banan, and Massan to expand its 923,000-ounce resource estimate. This ...

Mauritius plans to reach 60% renewable energy by 2030 but faces a looming 100 MW electricity deficit. The government calls for installation of a floating power plant running on heavy fuel oil or ...

Solar photovoltaic costs rose slightly in 2024, marking a break in a decade-long downward trend. Rising prices of modules, logistics, and financing, along with slower technological progress, drive ...

CEMAC MFI Non-Performing Loans edge up 8.9 % to 178B CFA in 2024, regional review shows • BEAC study notes one member hosts 73.7 % of CEMAC’s 521 MFIs, influencing portfolio trends • Congo 9 %, Gabon ...