Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoire, the government has tried to lessen the impact on citizens by lowering fuel prices. However, ...

AFC secured a €250 million, 10-year loan from Italy’s CDP, 80% guaranteed by SACE, for infrastructure projects in Africa. Funds will support the Lobito rail corridor linking Angola to Zambia and the ...

Africa still has the largest gap in electricity access. While Central and South Asia have made significant strides, progress in Sub-Saharan Africa, especially in rural areas, remains far too slow.

Kigali to build 100 km of roads by 2029, targeting 25 km yearly. $100M AfDB loan supports transport upgrade. Citizens to cofund 50% amid growing congestion. Kigali, Rwanda’s capital, plans to build ...

FNDA, FMN, and NOVA launch ₦1.5B maize project for 1,500 farmers in Kaduna. Support includes inputs, mechanization, and FMN technical aid. Goal: boost Kaduna’s maize output, 7.7% of Nigeria’s total in ...

The World Bank, through the International Development Association (IDA), has approved $115 million in concessional financing for Senegal. This funding aims to improve public debt sustainability, ...

The International Finance Corporation (IFC) has issued a $2 billion global bond to support businesses in emerging markets. The five-year bond attracted strong demand, with orders topping $3.8 billion.

Canada’s GoviEx kicks off new exploration phase to grow Muntanga project Drilling targets expansion of uranium resources and discovery of new deposits Muntanga expected to produce 2.2 million pounds ...

AI lowers barriers for cybercrime, with attack tools now sold as a service. Experts urge African countries to boost local data and AI ethics to build resilience. Cybersecurity must evolve from a speed ...

A transparent methodology is expected to reshape Africa’s risk profile Confidence grows as the pan-African agency project advances Afreximbank’s lending capacity depends on improved ratings Africa can ...

Monthly mobile data traffic per smartphone in Sub-Saharan Africa will rise to 14 GB by 2030. Total mobile data traffic is expected to grow from 2.3 exabytes to 11 exabytes per month. 5G subscriptions ...

South Africa launched phase five of its Basic Education Employment Initiative, hiring 200,000 youths. Budget constraints limit essential school services, especially in poor areas. Authorities are ...