Rektron and Afritel plan to buy 60% stake in state-owned telecom operator AT Deal aims to revive AT’s performance and expand network coverage Market share fell to 7.89% in 2024; operator faces $342M ...

AfDB raised $3 billion in a two-part bond issuance in U.S. dollars. The deal included the Bank’s first-ever 10-year global dollar bond. Strong market demand showed confidence in the Bank’s leadership ...

IFC to acquire stake in KERA Health, an AI-based e-health platform in Senegal Funding to support digitized health services expansion across WAEMU region Project aims to lower patient costs and improve ...

New mining code increases state’s free stake in projects from 10% to 15% WAF confirms higher state participation in Sanbrado, Toega, and Kiaka mines Burkina Faso may boost paid stake to 45% under new ...

Global energy investment is expected to reach a record $3.3 trillion in 2025 • Nearly two-thirds will go to low-carbon technologies like solar and batteries • Africa receives only 2% of clean energy ...

IMF disburses $58 million under Extended Credit Facility in • Funds support fiscal reforms, digitization, and public service spending • Growth projected to rise to 3% in 2025 if reforms are swiftly ...

Tullow and Kosmos plan to drill 20 new wells under extended field licenses $2 billion investment aims to offset declining reserves and raise output Deal includes gas pricing reforms and targets 130 ...

South Africa earned $3.36 billion from agricultural exports in Q1 2025 • Revenue rose 10% year-on-year due to higher volumes and global prices • Key exports included grapes, corn, apples, and wine ...

Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand data infrastructure in Djibouti, Ethiopia, and Tanzania Project aims to improve connectivity and support East ...

BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in early 2025 amid stable macroeconomic outlook Policy aims to support credit access and economic activity ...

Government suspends small-scale mining to reduce accident risk during rains Artisanal mining produces 6 tons of gold yearly but is often unsafe Most output bypasses official channels, contributing no ...

TRC to begin freight operations on Dar es-Salaam–Morogoro SGR line in July Rail service aims to ease road traffic and improve regional logistics Tanzania positions itself as a key East African ...