Banks’ exposure to sovereign risk rose to 32% of total assets in 2024 48.8% of banks’ treasury assets were invested in public securities Cameroon, Congo, and Gabon generated over 90% of sector net ...
Carrefour to enter Ghana retail market in 2026 via franchise Shoprite Ghana stores to be rebranded Carrefour from April 2026 Plan includes opening five more stores by 2028 French retailer Carrefour ...
Despite their central role in African trade, ports remain hampered by fragmented, non-comparable data, driving up logistics costs and constraining investment. To address this, the African Development ...
Huawei Northern Africa concludes today the Huawei Northern Africa Inclusive Energy Summit 2025 at the Four Seasons Hotel in Sharm El-Sheikh, Egypt. The event, brought together more than 300 government ...
Theta Gold signs non-binding $80 million loan term sheet with Nebari Financing aims to fund TGME project, first gold in early 2027 Mine expected to produce 1.14 million ounces over 14.5 years South ...
Morocco commits 1.3 billion dirhams to support domestic startups Funding targets business creation, venture capital, and Technopark network Programs aim to create 1,000 startups by 2026 Morocco will ...
As the job market transforms and demands for specialized skills intensify, upskilling is emerging as a critical structural response for strengthening employability. In Africa, it is gaining importance ...
BEAC raises key interest rates to support CFA franc Policy rate lifted to 4.75% amid falling foreign reserves Shift reverses earlier easing criticised by the IMF The Bank of Central African States ...
Malawi plans state takeover of majority fuel imports to curb shortages NOCMA to import about 60% of fuel in 2026-27 Private importers remain active amid foreign currency constraints Malawi’s ...
Ethio Telecom to extend telehealth services to 200 more hospitals Expansion aims to cut costs and improve healthcare access Rollout supported by 4G, 5G and broadband upgrades Ethiopia’s state-owned ...
Despite rapid urban growth, Côte d’Ivoire remains largely dependent on agriculture. Rural areas of the country, which are poorer than urban centres, are also modernising more slowly. To address ...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury hotel, serviced apartments and branded residences near ...
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