IMF cuts Mali’s 2025 growth forecast to 4.1% due to fuel supply disruption Gold output decline, power cuts, and reduced aid also weigh on activity Growth expected to rebound to 5.5% in 2026 as ...

Countries adopt a roadmap for one-stop border posts on key corridors Reforms aim to cut logistics delays and lower trade costs in the region Plans include upgrades to Beira’s fuel and freight corridor ...

Operators say tax reductions are needed before lowering Internet prices Industry cites heavy sector taxes, rising costs, and new untaxed competition Government resists removing taxes but remains open ...

Nigeria’s $2bn fiber project reportedly seeks $800m in AFDB-led funding, in addition to the $500m World Bank concessional loan and the government’s $1bn commitment. Plan targets 90,000 km of new fiber ...

Both countries advance joint governance after UNESCO expanded the site A shared management mechanism and a 2026 conservation report are required The latest session prepared updates, future activities, ...

Niger sends 82 tankers to help Mali manage ongoing fuel disruptions Delivery coordinated with Bamako for distribution across the domestic market Move extends the support Niamey already provided during ...

BADEA provides a $75 million term loan to Africa Finance Corporation to expand infrastructure financing capacity. AFC plans to channel the funds into energy, transport, logistics, telecom, industrial ...

Afreximbank plans a $1 billion continent-wide single transit guarantee to cut customs delays and losses. A similar system already operates in COMESA, backed by $300 million from reinsurer ZEP-RE.

A Chinese bank has reportedly pledged $500M to the project, joining the AfDB's similar commitment as global investor interest grows. The $12.5B project relies on Ethiopian Airlines' resilience in ...

Benin hosted the first Regional Summit on Digital Transformation in West and Central Africa, gathering officials from about 20 countries to discuss issues of inclusion, connectivity, and artificial ...

Uganda and Kenya launched the $500 million Devki Mega Steel plant, expected to produce 1 million tonnes of steel per year and create up to 20,000 jobs by 2027. Uganda holds 500 million tonnes of iron ...

UMOA. Ténou brings over 20 years of experience in the West African financial system, including a role as BCEAO National Director. His appointment comes as the union seeks to deepen the regional market ...