Ethiopia's Parliament ratified a $200 million loan agreement with the World Bank's International Development Association (IDA) to modernise Addis Ababa's electricity network. Electricity demand in the ...
Guinea's Siguiri gold mine aims to increase annual production to 400,000 ounces by 2030, up from 289,000 ounces in 2025, a rise of about 38%. The expansion includes developing a new mining area known ...
Gridworks is seeking contractors for phases two and three of Mozambique's Chimuara-Nacala power transmission project, with a November 24 deadline for prequalification applications. The $450 million ...
Guinea: EBID Signs $25 Million Credit Facility with Topaz Multi-Industries SA to Boost Manufacturing
The ECOWAS Bank for Investment and Development (EBID) has signed a USD 25 million revolving credit facility with Topaz Multi-Industries SA to expand industrial production in Guinea, strengthen local ...
Kenya aims to attract another $100 million from private investors. The project will extend national and cross-border fiber-optic connections. The government wants to increase fixed broadband ...
The International Monetary Fund’s October 2026 Fiscal Monitor argues that tax reform should be judged on its effects on investment, growth and inequality, not on revenue alone. Era Dabla-Norris, ...
African finance ministers and the IMF are calling for stronger tax collection and better-targeted public spending to fund development, protect vulnerable households and reduce pressure on government ...
Zambia's Mopani Copper Mines shareholders have reaffirmed their commitment to producing 300,000 tons of finished copper annually by 2029, despite disagreements over investment and management. Mopani ...
Ethiopia's parliament has approved a $145.8 million World Bank loan to modernize the electricity network, including new substations, upgraded transmission lines and underground power cables. The ...
Authorities arrested 28 suspects in Ghana and Nigeria during a coordinated operation. Meta removed more than 3.7 million accounts, pages and groups linked to fraud. Investigators identified more than ...
IMF chief Kristalina Georgieva expects Senegal to reach an agreement with creditors. A new $2.2 billion IMF program still awaits board approval. Private bondholders and possible debt restructuring ...
Helios Investment Partners has outlined a strategy to expand its investments in Africa's sports and entertainment industries through Helios Sports & Entertainment Group (HSEG). The group's portfolio ...
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