Nigerian household debt reached a record $38.7 billion in April 2025, according to the Global Debt Monitor from the Institute of International Finance (IIF), a Washington-based association ...

Loulo-Gounkoto mine remains shut as Mali’s administrator seeks to restart it by selling stored gold • Barrick halted operations in January over export blocks; legal disputes are ongoing • Reopening ...

As work on the first phase of the Ahmed Sékou Touré International Airport expansion continues, Guinean authorities have announced their intention to move forward with phase two. The goal is to support ...

Hive Coega has officially entered its construction phase, with tenders now out for its core infrastructure. This milestone comes four years after the project was first launched. Hive Coega involves ...

Côte d’Ivoire, the world’s leading cocoa producer, has set an ambitious target: to process 100% of its cocoa crop at the first stage by 2030. While the government is actively encouraging investment in ...

Senegal raised $2.25 billion regionally in H1 2025 after IMF funding froze over $7 billion in hidden debt • Public debt hit 119% of GDP; debt service costs rose sharply despite strong economic growth ...

Nigerian Clarion Shipping West Africa Limited debuts vessel aimed to service the cabotage market in the country, and potentially beyond. • The move aligns with broader efforts to support the African ...

Kakula, DRC's largest copper mine, boosts production by 31% to 245,127 tonnes in H1 2025, despite a temporary halt in operations in May. • Despite the surge, the annual production is still projected ...

The IMF has approved an immediate disbursement of $367 million to Ghana, bringing the total financial support provided to the country since May 2023 to nearly $2.3 billion. • Despite growth, exceeding ...

The African Free Trade Area (AfCFTA) adjustment fund grants a $10 million loan to Telecel Global Services to boost digital connectivity and commercial integration in Africa. • This financing, in the ...

PAPSS launches platform performing direct currency conversion and fostering economic integration across Africa. The continent loses about $5 billion yearly due to lack of currency. In a bid to address ...

Chinese firm Dowstone Technology to invest $165 million in a new copper smelter in the DRC. China imported 36% of its copper from the DRC in 2024, up from 10% in 2020. The DRC government seeks to ...