News

Amazon Web Services partners with Sonatel to launch new infrastructure in Senegal Africa’s cloud market set to surpass $25 billion by 2029, driven by rising digital demand Microsoft, Google, and local ...
Chad raised CFA34.6 billion ($60 million) from two public securities issues on April 23. • The 26-week Treasury bill sale fell short of expectations, with only 78.4% of the target raised. • Three-year ...
Mali’s 2024 defense spending reached $1.11 billion, with 98.49% of the budget executed • Most of the funds went to personnel, military equipment, and drone purchases • The country is building its own ...
Digital inclusion enables broader economic participation, from mobile payments to online learning and remote work. This initiative aligns directly with national policy goals and ensures that even ...
President Museveni met with Starlink to discuss the company’s possible launch in Uganda • The move could improve internet access in underserved regions through satellite technology • Local users face ...
Ethiopia launches five-year national project to identify and map all groundwater resources • The country aims to build a reliable database to support future water management and fight recurring ...
Lagos-based Aruwa Capital has raised $35 million for its second gender-focused fund. • The firm now aims to grow the fund to $50 million, with a possible cap of $60 million. • Backers include Visa ...
Africa’s military spending grew 3% in 2024 to reach $52.1 billion, driven mainly by North Africa • Algeria and Morocco alone accounted for 90% of North Africa’s defense budget, amid rising tensions ...
Facing a prolonged slump in diamond demand and declining prices, De Beers has trimmed its 2025 production forecast to between 20 and 23 million carats, down from an initial range of 30 to 33 million ...
Nigerian startup secures $20 million Series A to grow in Nigeria, Ghana, and Côte d’Ivoire Backers include Norfund, Timon Capital, Ventures Platform, and Flour Mills of Nigeria Company reached ...
Global uranium demand will rise 28% from 2023 to 2030, according to the World Nuclear Association. Several uranium projects were recently launched all over the world, and especially in Africa, to meet ...
The world’s seabed holds mineral resources valued at $100 trillion. Interest in these critical minerals—cobalt, nickel, and rare earths—has surged recently, yet exploitation remains limited. On April ...