President José Maria Neves is seeking a second five-year term after Cape Verde’s economy rebounded strongly from the pandemic shock and public debt fell sharply. Cape Verde recorded 6.3% growth in ...
Egypt, Nigeria and Morocco were Africa’s largest recipients of migrant remittances in 2025, with Egypt alone receiving $41.51 billion and ranking fourth worldwide. Africa received $124.2 billion in ...
Next-generation tuberculosis vaccines could become available from 2029 and, if widely deployed in low- and middle-income countries, could prevent millions of deaths over the following two decades.
Saudi Arabia is facing pressure on several oil export routes at once, with disruptions affecting the Strait of Hormuz, the East-West Pipeline and the Bab el-Mandeb corridor. Egypt’s Suez Canal and Red ...
Moulin Koira de Côte d’Ivoire plans to invest CFAF 26 billion in a new flour mill, adding to a recent wave of investment in the country’s milling industry. Demand is rising quickly, with wheat ...
Blencowe Resources has fully cut ties with former CEO Mike Ralston after reviewing historical share-disclosure issues, canceling plans to retain him as a consultant as well as his performance shares ...
Major shipping lines and port operators are forming more long-term partnerships in Africa to secure terminal capacity, cargo volumes and access to a container market that continues to grow. Groups ...
Azule Energy is preparing to retire the Ngoma production vessel and redirect output from four Angolan oil fields to the newer Agogo facility. Saipem won a $350 million contract to install about 62 km ...
China’s slowdown is reducing demand for some African exports, particularly oil and construction-related minerals, while demand for transition minerals such as copper and cobalt remains strong. Chinese ...
The Gates Foundation plans to commit at least $1 billion over two years to expand access to AI, with a focus on health, education, agriculture and digital infrastructure. Africa is already part of ...
Energy investment in Africa is expected to reach $110 billion in 2026. The IEA puts that at 3.7% of GDP, compared with 3% worldwide, but just $68 per person, versus $396 globally. Two years ago, the ...
Bamboo Microfinance secured a CFA300 million ($530,000) three-year loan portfolio guarantee from Société de Garantie du Gabon to reduce the credit risk associated with lending to Gabonese SMEs and ...
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