Bassirou Diomaye Faye denounces credit rating agencies’ methodologies as ill-suited to African contexts. • Senegal urges reforms to enable fairer financing terms for low- and middle-income countries.

The African Development Bank (AfDB) has approved €25.5 million in funding to boost Mauritanian SMEs and stimulate inclusive growth. • Mauritania’s SMEs, which represent 80% of the country’s economic ...

Blue Gold, active in Ghana with the Bogoso project, looks to grow its portfolio by potentially acquiring gold projects in West Africa. • CEO Andrew Cavaghan hinted at the move following the company's ...

Modi’s African tour marks first visit by an Indian head of government to Ghana in 30 years. • These visits aim to boost economic, energy, defense, and strategic ties with Ghana and Namibia. • India ...

Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to boost trade, security, and technology cooperation. • Agreement targets doubling bilateral trade volume ...

(AfDB)-The Board of Directors of the African Development Bank Group has approved a $474.6 million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This financing ...

Kenya exports far more tea by volume than China and Sri Lanka but earns less revenue. Heavy reliance on bulk sales, a narrow product range, and limited market diversity hinder value capture. Recent ...

New card enables African payments without using US or European networks Aims to lower costs, protect financial data, and boost intra-African trade Rollout follows strong growth of PAPSS system, now ...

UK, Kenya, and Singapore launch coalition to restore trust in voluntary carbon markets. Market value plummeted by over 70% since 2021 amid greenwashing scandals and poor-quality credits. Coalition ...

Emmerson devalues Khemisset potash project by $21.1 million due to legal dispute • Environmental permit rejected twice over water use concerns amid severe drought • The project’s future remains ...

West African Resources began gold production early at Burkina Faso’s Kiaka mine, set to yield 234,000 oz/year. The project aims to reverse declining national output, forecast to rise to 65 tonnes by ...

External debt hits 70.63 trillion naira ($45.97 billion), up from $42.11 billion Domestic debt also increases as government faces growing budget pressures Parliament reviews new $24.14 billion loan ...