News

(EBID) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a USD 120 million financing facility for Engineers & Planners Limited (E&P), a leading indigenous ...
DPI acquires minority stake in Egypt’s largest private hospital group • Funds to support expansion across Egypt and key Gulf countries • Investment among Egypt’s biggest foreign deals in the health ...
Digital nomadism is expanding rapidly, with over 80 million nomads globally in 2025 • Africa is drawing growing interest due to affordable living, reliable internet, and warm communities • The ...
Africa accounts for nearly 1 in 5 global road deaths, worsened by old used cars • Over 80% of exported used vehicles fail basic emissions standards • Weak regulations fuel road accidents, air ...
The Tropical Forest Forever Facility, an initiative supported by the BRICS nations, aims to reward countries for preserving their forests. This presents a significant opportunity for African nations, ...
WAEMU states collectively raised nearly 7,000 billion CFA francs in the first half of 2025, a record amount driven by increased financing needs, the return of long-term bonds, and an improved ...
Morocco began expanding Casablanca Airport to raise capacity to 35M passengers by 2029 • The $1.7B project supports the “Airports 2030” plan to make Casablanca a global hub • Upgrades include digital ...
DRC extended its cobalt export ban to September 2025 due to high stock levels. • Major producers like CMOC face delivery issues; supply risks remain but demand stays strong. • Prices are volatile ...
Eskom restored Medupi Unit 4 early, adding 800 MW and helping end load-shedding • Coal still dominates South Africa’s power, slowing the energy transition • Eskom and industry are investing in ...
Ethiopia completed the $4B Grand Renaissance Dam to boost power capacity and energy independence • Egypt and Sudan fear water supply risks, with no binding deal on dam operations • Regional tensions ...
When fully operational, SEA-ME-WE-6 is expected to significantly improve internet connectivity and resilience across participating regions, enhance data traffic efficiency, and meet surging demand for ...
Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0.6% in May, bolstered by a decline in food costs. • The Central Bank of West African States (BCEAO) cut ...