News
Mali seeks $176M via WAEMU bond offering launched July 28, with 7- and 5-year tranches at 6.55% and 6.35%. • Funds aim to ease fiscal pressure amid flooding, mine shutdown, and 3.4% deficit in 2025. • ...
September 2008 laws already set $185-$340 axle tax on trucks >3.5t, but never applied. • Kongo Central was picked first because Matadi port handles the bulk of the national freight. • FONER plans a ...
Glo launched a network upgrade plan after a 50% telecom tariff hike. • It aims to add 1,000+ 4G sites and adopt hybrid energy solutions. • With 20.6M users, Glo seeks growth in underserved areas to ...
M&A deals in African tech hit a record 29 in H1 2025, led by fintech and market consolidation. • 20 startups expanded regionally or globally, with Nigeria and Egypt leading. • Funding rose 78% to ...
Kenya plans tea export deal with Algeria, discussed at UN summit. • Part of effort to diversify markets beyond top 10 buyers. • Algeria's tea market is dominated by China, posing entry challenge.
Tanzania opens Kwala dry port July 31 to ease Dar es Salaam congestion. • Rail link boosts trade with Rwanda, Burundi, and DRC. • Part of broader logistics and infrastructure upgrade. Tanzania is ...
Nigerian oil firms expand in Africa, led by FIRST E&P’s new deal in Tanzania. • Past ventures include projects in Equatorial Guinea, Uganda, and Namibia. • Local firms gain ground as global majors ...
Treasury banned Bain for 10 years (2022-32) after probes found collusion with ex-SARS chief Moyane and President Zuma to cripple SARS. Staff fell from 135 (2016) to ~87; 60 % redeployed to a new ...
The Medusa Submarine Cable System is a critical investment in the region’s digital future, especially at a time when demand for data and bandwidth is accelerating across Africa and the Mediterranean ...
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 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 ...
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