The IMF raised its 2026 growth forecast to 4.5%, up 0.2 percentage points from April. Energy disruptions, El Niño and tighter global financing conditions threaten growth. High debt costs and declining ...
Liberia has launched a new licensing round for 15 offshore oil blocks. Interested companies have until April 15, 2027, to submit letters of intent. The previous round led to eight contracts with ...
British junior miner Serval Resources aims to raise £6.5 million ($8.6 million) through a share placement to finance copper exploration projects in Namibia, Botswana and Côte d'Ivoire. The company ...
Orange will offer ReelShort's short-form series through its Max it super-app. The service will launch in four markets in 2026 before a wider rollout across 17 countries. The partnership gives ...
The Arab Bank for Economic Development in Africa (BADEA) and the Development Bank of Central African States (BDEAC) have signed a €30 million ($33.6 million) financing agreement to support private ...
Gabon raised $580 million through an eight-year Eurobond on October 14, bringing its total international borrowing in 2026 to $1.5 billion and exhausting its borrowing authorization for the year.
The proposed 2027 budget rises 6.4% to CFA18.47 trillion. The government expects economic growth to accelerate to 6.6% in 2027. The plan allocates CFA100 billion to launch a sovereign wealth fund.
The African Development Bank and UNDP plan to begin implementing their $10 billion AI investment initiative in five countries, expanding to 20 by the end of 2027. Launched in February 2026, the ...
AFC plans to establish a mining exploration investment company within 12 months. The institution values Africa's mineral resources at $29.5 trillion, including $8.6 trillion in untapped deposits. Its ...
Nigeria has presented 65 projects worth $78.5 billion to international investors under its Project Nigeria initiative, targeting private capital for energy, transport, agriculture, industry and ...
The International Monetary Fund’s October 2026 Regional Economic Outlook projects 4.5% growth in sub-Saharan Africa in 2026 and 2027 despite the shock from the Middle East war, with median inflation ...
Germany committed an additional €7.8 million ($9 million) to strengthen Ebola detection and response in East Africa, building on cooperation that has trained 580 laboratory specialists and healthcare ...