In 2024, 59% of Chinese energy projects announced in Africa were in renewables. From 2010 to 2021, China provided $65 billion in financing for renewable projects across the continent. Chinese solar ...

Senegal has launched a nationwide project to build 100 warehouses and 20 cold rooms. The program is designed to reduce post-harvest losses, which cost CFA100 billion annually. Spanish firm INTERMAQ ...

Ghana will seek private partners to handle electricity billing in a move to recover payments and reduce losses. The state power distributor ECG currently recovers only 62% of what it buys from ...

Duval and Côte d’Ivoire’s CNPS signed two real estate agreements worth CFA100 billion The projects, Village Notre Père and Riviera Park, aim to create over 1,700 jobs They are backed by national and ...

An IMF delegation will visit Gabon in mid-June 2025 to assess economic progress. Gabon hopes the visit will lead to a new financing agreement after a previously suspended program. Fitch Ratings ...

Tullow Oil finalizes the sale of its Gabonese assets to Gabon Oil Company for $300 million • The move is part of a wider strategy to cut debt, which stood near $1.5 billion in late 2023 • The sale ...

As challenges related to sustainable development, social inclusion, and ecological transition grow more pressing, mobilizing the private sector has become essential to building more resilient ...

Despite an official unemployment rate of 4.3% in Q2 2024, Nigeria still faces high youth underemployment. Skill-based public-private partnerships are gaining ground to improve job readiness. Over 150 ...

Egypt will offer a 15% discount on Suez Canal transit fees for large container ships starting May 15, 2025, for 90 days. The move follows a ceasefire agreement involving the U.S. and Houthi rebels and ...

Africa’s digital economy is growing rapidly, and the demand for data storage, processing power, and AI capabilities is accelerating. The introduction of high-power density local data centres enables ...

Nigerian youth were NEET in Q2 2024; the government aims to close this gap with practical skills training. • NBTE and the Ministry of Education launched a new national framework to align education ...

Arise Ports & Logistics named Banji Fehintola as Chairman of the Board for Owendo Mineral Port (OMP), a key logistics hub supporting Gabon’s mining sector. • OMP enables efficient export of resources ...