Senegal launches a $247 million bond issue on the regional market as access to international financing narrows. The IMF has suspended its $1.8 billion program after uncovering $7 billion in hidden ...

Smart Africa is working with 10 African countries to align e-commerce and digital payment policies. A workshop was held in Brazzaville to kickstart the harmonization process. The $1.7 million ...

Paladin Energy has revised its uranium production target at Namibia's Langer Heinrich mine to 3 to 3.6 million pounds for the current fiscal year. However, new operational challenges have emerged, ...

Government outlines major investments in roads, health, education, and agriculture – Oil sector, renewable energy, and mining get key funding to drive economic transformation – External funding ...

Rio Tinto is active in Guinea, South Africa, and Madagascar. In the first, it develops the Simandou iron deposit. In the other two, it extracts mineral sands. In 2023, the company paid $117 million in ...

West Africa emerged as the world’s fastest-growing gold production region, fueled by untapped reserves and increasing interest from global investors, particularly from Canada, China, and Australia. On ...

Allied Gold operates the Bonikro and Agbaou gold mines in Côte d'Ivoire and the Sadiola mine in Mali. The company is currently listed on the Toronto Stock Exchange in Canada. Allied Gold has announced ...

(Ecofin Agency) - According to the World Bank, Malawi’s mining sector contributed just 0.7% to GDP and 3.5% to government revenue in 2023. Despite its modest role, the sector is poised for growth as ...

Côte d'Ivoire raises CFA 220 billion in international bond, first for an African state Interest rates lower than regional market, highlighting foreign investor confidence Plans to raise CFA 1,100 ...

(Ecofin Agency) - Africa has long struggled with limited mobile network coverage, especially in remote areas where traditional cell towers are costly and difficult to deploy. Satellite-to-mobile ...