News

Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0.6% in May, bolstered by a decline in food costs. • The Central Bank of West African States (BCEAO) cut ...
Kenya plans to replace 20,000 transformers as part of a 4.3 billion KSh ($33 million) investment. The project aims to reduce outages and improve grid reliability, especially in rural areas. Kenya’s ...
President Mahama introduces free tuition fees for all first-year students in public universities. Ghana’s university enrollment rates remain low due to high tuition costs and recent fee hikes.
South Africa plans to boost citrus exports from 164.5 million cartons in 2024 to 260 million cartons by 2032, a 58% increase. The sector faces trade barriers, including tariffs from the US, India, ...
Perseus Mining holds 80% of Tanzania’s $523 million Nyanzaga mine. • Tanzania’s government maintains a free 20% stake. • Nyanzaga will add 200,000 ounces of gold a year by 2027. Perseus Mining is ...
Guinea secured €95.16 million to build three micro-hydro plants. • The plants will generate 30 MW total for underserved central regions. • Guinea targets SDG 7 by boosting electrification, especially ...
Interbank volumes rose 18.7% in May, while rates declined across the market • The BCEAO cut its main policy rate to 3.25% following a sharp drop in inflation • Credit to the private sector increased ...
As cybersecurity asserts itself as a pillar of digital sovereignty in West Africa, technology-free zones are taking on a strategic role in safeguarding national ecosystems. Speaking on the sidelines ...
Azumah Resources starts building Black Volta gold mine in Ghana, aiming for 163,000 oz/year • Funded by shareholders; initial cost estimated at $147 million in 2020 • Project delayed by a contract ...
The World Bank opens the door to supporting civilian nuclear energy in Africa • Several countries, including Ghana, Nigeria, and Rwanda, plan nuclear projects • Experts warn of debt risks, security ...
Ghana partners with Hattat Traktör to set up a tractor assembly plant. • Aim to boost agricultural mechanization, with 78% of work still done manually. • Part of a broader national support program for ...
Cybervilla and Ogun State launch tech program to train 10,000 young Nigerians • The pilot phase starts with 50 participants in Abeokuta at the Ogun Tech Hub • The program targets skills for digital ...