News

(Ecofin Agency) - In 2024, Perseus Mining took over Tanzania’s future Nyanzaga gold mine through its OreCorp acquisition. The company delayed the project’s final investment decision (FID) to January ...
Africa’s payment market sees a new partnership between Onafriq and Circle. The deal builds on a trend of stablecoin solutions to reduce FX bottlenecks and enhance payment efficiency. Key challenges ...
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 ...
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 ...
Typical mobile phone use (calls, browsing, apps using mobile data) contributes the most to RF EMF exposure. Wi-Fi and Bluetooth are part of the same electromagnetic spectrum but usually operate at ...
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 ...
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 ...
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 ...
(Ecofin Agency) - • 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, ...
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 ...