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 ...

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 ...

Liberia ranks 9th in Africa’s 2024 Electricity Regulatory Index, up 28% since 2022. Reforms boosted scores, but power supply remains unreliable, with major cuts in imports from Côte d’Ivoire. The ...

Congo launched a 30,000-ton oil plant with Eni to supply Italy’s biofuel production. The project will support 80,000 hectares of local crop development and livestock feed. Congo remains a raw material ...

Hydropower supplies 20% of Africa's electricity but faces climate-related pressures • Solar energy is growing fast, with capacity expected to double by 2028 • Combining both technologies offers a ...

The U.S. resumed soybean exports to Nigeria in 2024 with 64,000 tons shipped after a six-year pause A conference in Lagos aimed to boost agricultural ties and promote U.S. soy Nigeria’s soybean output ...

Libya signed a deal with TPAO to restart offshore exploration across four maritime zones The NOC is marketing 22 blocks and shifting to more flexible contracts to attract investors Goal is to boost ...

The report urges project stakeholders to shift away from a limited extract-and-export approach to critical minerals, which often stems from geopolitical rivalries among major powers. Instead, it ...

Africa has $4 trillion in unexploited resources to finance its own development • Lack of structured, safe channels keeps these funds from productive sectors • Private sector projects seen as key to ...

(WAVE) - Wave Mobile Money, Africa’s fastest-growing mobile money platform, has raised EUR 117 million in debt financing to advance its mission of making affordable, user-centric financial services ...