BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in early 2025 amid stable macroeconomic outlook Policy aims to support credit access and economic activity ...

Vodacom Tanzania Foundation to invest $1.3 million over three years Over 300,000 teachers to gain digital tools and connectivity KiuFunza program to expand to 865 schools, reaching 360,000 students ...

Côte d’Ivoire adds kola nuts to new agricultural commodity exchange in Abidjan Sector faces declining output, poor structure, and lower export earnings Market listing aims to improve pricing, ...

Angola to add 1,200 km of new railway lines under its transport reform plan Intelligent systems will improve safety and operational efficiency Project supports economic diversification beyond the oil ...

Government suspends small-scale mining to reduce accident risk during rains Artisanal mining produces 6 tons of gold yearly but is often unsafe Most output bypasses official channels, contributing no ...

Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand data infrastructure in Djibouti, Ethiopia, and Tanzania Project aims to improve connectivity and support East ...

TRC to begin freight operations on Dar es-Salaam–Morogoro SGR line in July Rail service aims to ease road traffic and improve regional logistics Tanzania positions itself as a key East African ...

Coffee output projected to reach 11.56 million bags or 694,000 tons Growth driven by rejuvenated plantations and high-yield varieties USDA sees yield and harvest area increasing in 2025/2026 cycle ...

Just six African countries account for 50% of the continent’s external debt in 2025 Public debt burdens remain high, with over 60% of African nations above the 50% debt-to-GDP threshold Afreximbank ...

IRH buys 56% of Alphamin Resources, owner of the Bisie tin mine in DRC • Deal adds 20,000-ton annual tin capacity to IRH’s mining portfolio • Alphamin projects 17,500 tonnes for 2025 due to regional ...

Presidents Kagame and Tebboune sign broad cooperation deals during state visit • Agreements span air services, education, telecoms, justice, and investment • Rwanda to open embassy in Algeria; leaders ...

Fitch downgrades Afreximbank’s rating from BBB to BBB- with a negative outlook • Concerns include loan quality transparency and exposure to high-risk countries • Downgrade may raise borrowing costs ...