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South Africa launches support programs and export aid to counter new 30% U.S. tariffs starting August 8. 2. Tariffs risk 100,000 jobs, hitting automotive and agriculture amid a 32.9% unemployment rate ...
Aura Energy is seeking $230 million to fund its Tiris uranium project in Mauritania, expected to produce 2 million pounds of uranium annually starting in 2027. • The company has signed three sales ...
Senegal’s Prime Minister Ousmane Sonko launched a $10 billion economic recovery plan mostly funded from domestic resources, aiming to reduce the budget deficit without relying on the IMF. • The ...
Côte d’Ivoire opens $56.4M cocoa plant in Divo, adding 36,000-ton capacity. • Aims to process 100% of cocoa locally by 2030; 44% processed in 2024. • Processed exports earned $2.67B in 2023 vs. $3.5B ...
Africa to lead global pulses market by 2034, with per capita consumption topping 12 kg (OECD–FAO). • Production to grow by 900,000 tons annually, reaching 25% of global output. • Nigeria, Ethiopia, ...
Despite a diverse array of minerals, from gold to critical resources, Africa only accounts for 10% of global spending on mineral exploration. To attract more investment, industry stakeholders are ...
Japan granted Burkina Faso $2.5M for food access under the K-R 2025 project. • Over 425,000 children face acute malnutrition amid ongoing crises. • The aid complements national food security efforts ...
New system will link banks, fintechs, and mobile operators in a single platform • Real-time transfers and payments to be available 24/7 across all channels • Platform aims to boost financial inclusion ...
Ghana will introduce a scholarship program for children of cocoa farmers starting in 2026. • COCOBOD will manage the initiative, with first awards set for the 2026/2027 academic year. • The program ...
Ghana has set the 2025/2026 cocoa farmgate price at $5,040 per ton, up 62.5% year-on-year. • Cocoa farmers say the new rate still falls short of their demands due to rising costs. • The government ...
In Africa, transportation can account for up to 45% of the cost of some goods. Most trade is conducted over land, and resolving bottlenecks at border crossings could significantly lower these expenses ...
MTN Uganda, MTN Mobile Money and the Uganda Hotel Owners Association signed an MoU on 1 August 2025 to digitise operations across more than 780 hotels nationwide. The partnership will integrate mobile ...
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