Despite double-digit growth in the volume and value of transactions processed over the past five years, none of the 31 active instant payment systems on the continent have reached a mature level of ...

With over 78% of the seats, PASTEF is now the majority party in the Senegalese Parliament. According to observers, this victory should give the new regime a clear path to implement its reform agenda.

The telecommunications sector has been a driver of economic growth, contributing significantly to the African economy. However, the rising costs of deploying such technologies necessitate additional ...

The Ivorian government plans to allocate CFA4,121 billion ($6.63 billion), or 26% of total spending, to servicing and repaying its debt in the 2025 budget. Finance Minister Adama Coulibaly made this ...

The decline in African billionaires' wealth is mainly due to global trade disruptions affecting resource-rich countries, rising interest rates, power shortages, and ongoing political and social ...

Last month, Saudi Arabia expressed its interest in buying a minority stake in Canada's First Quantum's copper mines located in Zambia. Although no deal has been finalized, the Saudi firm Manara ...

As highlighted by the World Bank, Benin is grappling with major socio-economic challenges despite progress in reducing poverty and improving human development. In 2021, its Human Development Index ...

The European Union (EU) currently relies on China for certain critical minerals but Brussels seeks to diversify its sources. Africa, which holds about 30% of the world's reserves of these essential ...

The expansion of 5G in Africa is vital, aligning with global digital transformation trends and meeting the continent's increasing demand for high-speed connectivity. This development is essential to ...

Since 2016, when Patrice Talon became president, Benin has embraced digital transformation. He made digital technology a key part of his development plan, aiming to use it to drive economic growth and ...

Senegal, like many African countries, is fully embracing the tech revolution. The nation is ramping up investments in the digital sector and forging strategic partnerships, but it faces challenges in ...

Africa is undergoing rapid digitalization but is faced with critical digital skills gap. Leveraging partnerships with global tech leaders and targeting a large, young workforce has the potential to ...