The African Union (AU) and the European Union (EU) have signed a €20 million ($22 million) funding agreement for a new program aimed at accelerating the performance of their partnership. The ...

The public offering of BIIC shares allows the Beninese government to raise significant funds while scaling back its stake in the bank. The shares will be listed on the BRVM, making BIIC the third ...

The hidden debt comes with a repayment schedule that is not publicly disclosed. By 2028, the Senegalese government will have to repay the equivalent of $4.13 billion in debt. The International ...

The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank) development impact investment arm, into all corners of ...

Since January 29, the AES countries are no longer part of ECOWAS, but they still have time to reconsider their decision. Ghana, which has bolstered its relations with the Liptako-Gourma region, is ...

Digital payments increase transparency and efficiency, reducing fraud, delays, and corruption in medical payments. Safaricom M-PESA Ethiopia, in collaboration with other financial service providers, ...

In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global credit facility with ARISE IIP, the leading ...

(Ecofin Agency) - Egypt, the leading importer and producer of wheat, heavily relies on imports, estimated at 55 to 60%, to meet its wheat consumption. To strengthen its food security, the country ...

BII and Ghana International Bank (GHIB) have announced a partnership to finance cross-border trade in Sierra Leone, Liberia, Gambia, Benin, the DRC, Rwanda, and Tanzania. The deal aims to improve ...

Traditional telecom models are becoming outdated, prompting a shift to cloud-based platforms that reduce operational costs while enhancing scalability and efficiency. This move future-proofs MTN’s ...

(Ecofin Agency) - Orom-Cross’s annual output is forecast at 100,000 tonnes by 2026. The project could thus become Uganda’s top graphite mine by then. The venture requires an initial investment of $62 ...

Laham Tchad”, specialising in the development of the meat industry in Chad, and the fruit of a public-private partnership between the Republic of Chad and the pan-African developer and operator of ...