News

Madagascar signs $90M deal with Israeli firm LR Group to launch a smart agriculture project. • The plan covers 10,000 hectares across four regions and aims to help over 10,000 small farmers. • ...
EU- and Germany-funded program launched to boost private investment in Zimbabwe’s clean energy • Platform will offer financial advice, regulatory support, and project development help • Solar energy ...
EgyptAir orders ten Airbus A350-900 jets as part of a plan to grow its fleet from 70 to 97 aircraft by 2028. • The airline aims to strengthen its position against Ethiopian Airlines and Royal Air ...
Africa loses over $587 billion annually to capital flight, driven by corruption and illicit flows • External capital inflows totaled just $190.7 billion, far below the continent’s needs • AfDB calls ...
With the right policies, Africa has the potential to mobilize an additional $1.43 trillion in domestic resources from both tax and non-tax revenue sources, and curbing leakages. Africa’s economy is ...
Natref refinery, operated by Sasol and Prax Group, risks closure following a January fire and mounting costs • Sipho Mkhize warns of economic viability concerns tied to logistics, infrastructure, and ...
South Africa explores US collaboration on hydraulic fracturing to access vast shale reserves • The Karoo Basin could hold up to 209 trillion cubic feet of gas, but legal and environmental hurdles ...
Guinea withdraws 129 exploration permits for gold, diamond, and bauxite, returning titles to state control • AngloGold Ashanti among the companies affected, though permits revoked were already expired ...
The African Solidarity Fund has provided CFA225 billion ($390 million) in guarantees to support Niger’s development • Targeted sectors include education, energy, agro-industry, and economic ...
Algeria and Mauritania’s business council seeks a preferential agreement to strengthen bilateral trade The council advocates for barter mechanisms and removal of market access barriers Trade volume ...
Egypt and Germany sign a $134 million agreement to support education and wind energy projects €32 million will fund 25 Centers of Excellence and applied technology schools Total value of debt swap ...
Aliko Dangote and three other African philanthropists featured in TIME’s 2025 philanthropy list • Collectively, their foundations have committed billions to health, education, and poverty alleviation ...