News

Sub-Saharan African countries are set to pay about $20 billion in interest on public external debt in 2025. • Interest payments will account for 3.4% of the region’s combined GDP between 2025 and 2027 ...
(Ecofin Agency) - • Togo and Burkina Faso agree to end roaming charges for incoming calls starting May 30 • Several bilateral and tripartite deals already cut mobile costs by up to 90% • ECOWAS push ...
Despite some positive surprises, Sub-Saharan Africa faces less vigorous growth forecasts, with necessary reforms in a global environment marked by shifting priorities among world leaders: Amadou ...
The Suez Canal Economic Zone (SCZone) secured $8.3 billion in investments for 272 projects between 2022 and March 2025, with significant contributions to industries like renewable energy and ...
Over 90% of the reserves are held abroad, mostly at the Banque de France Critics question the centralization of West Africa’s gold reserves in Europe In 2024, the Central Bank of West African States ...
Canal Box launches in Benin, sparking fierce competition in home fiber Internet. • Rivals Celtiis and Isocel adjust prices and packages to defend market share. • Fixed broadband adoption rises sharply ...
Italy increases support to IDA by 25% to help drive sustainable growth in Africa. • The agreement will fast-track Italy’s Mattei Plan, focusing on infrastructure, energy, agriculture, education, and ...
Mediterrania Capital Partners finalizes full sale of its 10.5% stake in Akdital. • Exit comes after Akdital’s strong financial growth and a major capital increase in 2024. • Akdital plans major ...
This cybersecurity incident involving MTN Group, one of Africa’s largest telecom providers, is important for several key reasons, especially given the growing digital footprint of users across the ...
Foreign reserves across the West African Economic and Monetary Union (WAEMU) reached a record CFA13.514 trillion ($23.4 billion) by the end of 2024, up 42% from the previous year. The rise, driven by ...
European Investment Bank commits $60 million to LeapFrog Investments to expand access to green tech in emerging markets • The funding targets companies offering eco-friendly solutions in energy, ...