Canadian firm Dynacor plans to invest in artisanal gold mining in Senegal. The sector employs tens of thousands of people and produces 7 tonnes of gold annually. Dynacor announced on October 11 that ...

Niger will not export any uranium in 2024 due to several factors. Uranium typically makes up 15 to 20% of Niger's exports, significantly more than other products. Following the coup in July 2023, the ...

Fiber optic internet for businesses and homes was launched in Algeria in 2018. By November 2023, the service exceeded one million subscribers. Algeria’s Ministry of Post and Telecommunications ...

JP Morgan Chase & Co, the largest U.S. bank with assets totaling $3.875 trillion, will open a representative office in Kenya under the name JP Morgan Chase Bank N.A. Representative Office Kenya. The ...

Improving the quality of Internet service enables African countries to benefit from diversified growth. High-speed networks are essential for applications in all sectors, and align with the region's ...

Since 1997, the IMF has imposed surcharges on countries that borrow more than allowed or take longer to repay their loans. Economists and developing nations have often criticized this system for ...

Under the High Patronage of the President of the Republic of Angola, H.E. Joao Lourenço, the General Inspection of the Administration of the State of the Republic of Angola is organizing the 9th ...

ECOWAS countries had delayed the launch of their single currency to 2027, but with Nigeria, the region's biggest economy, starting to overcome its challenges, it is more important than ever for member ...

Shareholders of BOA Côte d'Ivoire have approved a capital increase to CFA40 billion by incorporating reserves and issue premiums. This move aims to strengthen the bank's financial structure and ...

MTN Côte d'Ivoire has announced that the 2Africa submarine fiber optic cable, managed by Meta, is coming soon to the country. On October 10, 2024, Djibril Ouattara, CEO of MTN Côte d'Ivoire, shared ...

Ecobank is working hard to overcome the challenges its Nigerian branch is facing. On September 16, 2024, the bank shared some encouraging news with investors: it reached an agreement with creditors ...

The increase in net foreign capital inflows stems from the gradual reforms undertaken by the Tinubu administration to achieve an exchange rate determined by market forces. Nigeria saw a significant ...