The move aims to ease pressure on forex reserves and stabilize the naira. Foreign carriers fear cash flow strains if revenue repatriation delays persist. Local travel agencies expect fairer ...

GSMA, the global association of mobile network operators, unveils projections for Uganda’s digital growth. Uganda could create 1.79 million jobs and connect 4 million new users through targeted ...

Republic of Congo raises $670M through Eurobond issue after 20-year absence Proceeds to refinance short-term debt; 2032 bond priced at 9.875% Debt ratio falling as reforms, transparency boost investor ...

Wingu Africa and Africa Data Centres entered strategic partnership connecting East African markets with ADC's network across seven additional markets. Partnership links Djibouti, Ethiopia, and ...

Fiber optic submarine cables now constitute strategic infrastructure for the global internet, transporting 99% of all traffic. An incident affecting these critical information highways causes ...

Artifact tied to 2011 unrest, spotted at Dutch art fair in 2022 Egypt has recovered over 30,000 artifacts abroad since 2014 Dutch Prime Minister Dick Schoof told President Abdel Fattah al-Sissi on ...

M to boost rural reproductive health; $12.3M for food programs Aid targets cholera-hit system, drought-driven hunger affecting 5.7M people Malawi and Norway have signed a grant agreement valued at 318 ...

COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance deadline extended to 2029 as most banks face shortfalls Reform aims to boost financial resilience and regional ...

Kamoa-Kakula to receive 50 MW from Inga II dam starting November Full 178 MW rollout by 2027 as power grid upgrades progress Site to reach energy independence via hydro and solar by mid-2027 Ivanhoe ...

Producers in Ituri see prices fall to $2.70/kg; poor fermentation blamed Gov’t targets 3M tons by 2030, eyes reforms and security for plantations Export prices for cocoa, a key commodity for the ...

Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter rules, and regional coordination planned for reforms Energy debt may hit $8.4B by 2027 without urgent ...

EIB invests €20M in fund aiding EU SMEs' Africa expansion Amethis fund targets growth sectors to build EU-Africa business ties Investment aims to boost tech transfer, jobs, and local supply chains The ...