News

World Bank approves $201 million IDA grant to strengthen Mozambique’s health emergency preparedness. • Project targets underserved, climate-vulnerable areas with investments in staff, infrastructure, ...
Eskom faces existential threat as unpaid municipal bills rise by $2 billion annually. • Reforms since 2022 allow private producers up to 100 MW, accelerating competition. • Independent power producers ...
Africa’s total trade rose by 13.9% to $1.5 trillion after shrinking in 2023 • Intra-African trade grew by 12.4%, driven by the African Continental Free Trade Area (AfCFTA) • Afreximbank plans to boost ...
Global public funding for clean energy in developing countries hit $21.6 billion in 2023 • South Africa and Nigeria rank among the world’s top five beneficiaries • South Africa focuses on industrial ...
Rwanda wants to mobilize $500 million to fund biodiversity protection projects • The goal aligns with the Kunming-Montreal Global Biodiversity Framework adopted in 2022 • The country plans to reduce ...
The Malala Fund will invest $50 million over five years to promote girls’ education • Nigeria is a priority due to wide gaps in access to secondary school, especially in six states • The initiative ...
Côte d’Ivoire opens $235M cocoa complex, doubling Transcao’s capacity to 100,000 tons. • Site includes storage and training center to boost local processing. • Aims to raise value-added production and ...
Bannerman raises A$85M to advance Etango uranium project in Namibia. • Funds target pre-construction ahead of 2025 investment decision. • Etango may produce 52.6M lbs over 15 years; full funding still ...
Food production uses nearly 15% of global fossil fuel demand, says IPES-Food • Fertilizers, plastic packaging, and transport tie food security to oil and gas markets • Experts urge agroecology, food ...
Burkina Faso to tax interest on new WAEMU bonds from Aug 1, 2025, excluding its own. • Ends unregulated tax exemption causing state revenue losses. Burkina Faso will begin taxing interest earned on ...
Experts at Cyber Africa Forum 2025 stress consumer education to fight cyber threats • Social engineering scams, phishing, and money mule schemes are rising across Africa • GSMA urges mobile money ...
Algeria and Angola to boost energy ties in oil, gas, and mining. • Plan includes expert exchanges and joint project studies. Algeria and Angola announced stronger energy sector cooperation on Monday, ...