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 ...

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 ...

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 ...

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 ...

Rawbank, the DRC's leading bank, announces a historic $2 million investment in two Improved Cookstoves projects in partnership with Vitol, aimed at reducing 6 million tonnes of CO2 over ten years. As ...

The report emphasizes that rising debt service costs are shrinking the budget space needed for essential investments in sustainable development goals. These include quality education, healthcare ...

In 2024, Benin’s public debt will rely more heavily on external borrowing, making up 72.1% of the total debt portfolio. Meanwhile, domestic debt will account for 27.9%, according to the Directorate ...

According to 2023 data from the Côte d'Ivoire Investment Promotion Center, China represents 5% of foreign direct investment in the country. While primarily involved in infrastructure and agriculture, ...

This year, Gold Fields sold its stake in the Asanko gold mine in Ghana and acquired a major gold project in Canada. The South African company now focuses on increasing its gold production outside ...

Côte d’Ivoire’s meat and edible offal market is one of the biggest in West Africa. With less than 50% of demand currently met, the need for these products is expected to grow even more in the coming ...

Africa faces significant disparities in internet access, particularly in rural and underserved areas where connectivity remains limited. Bridging this gap is crucial, as improved internet access ...

In recent years, central banks in several African nations, including Nigeria and Ghana, have started gold-purchasing programs. These programs boost foreign exchange reserves and aim to address a ...