News

WTO now expects global goods trade to shrink by 0.2% in 2025, reversing its earlier forecast of 2.7% growth. • Tariff tensions, especially between the United States and China, are weighing heavily on ...
The IMF has approved $129 million for Mali under its Rapid Credit Facility. • The money will help cover urgent balance of payments needs following recent floods. • Mali has committed to fiscal reforms ...
Aya Gold & Silver launched a new silver plant in Morocco last year, further boosting its production capacity in the country. Over the same period, it produced 1.65 million ounces. This year, the firm ...
This partnership could help Ghana in its digitalization agenda, improve service delivery, enhance climate resilience, and build a greener, smarter economy. By aligning with a partner like Denmark, ...
Nigeria’s inflation rate climbed to 24.23% in March 2025 from 23.18% in February This marks the first monthly rise in the inflation rate since the beginning of the year Food, transport, and ...
African-based investors accounted for 31% of all VC backers in 2024, up from 29% the year before Total venture capital activity in Africa dropped to $2.6 billion, reflecting a global investment ...
First Quantum Minerals relied on Zambia for 93% of its copper production, with the Kansanshi and Sentinel mines delivering 402,000 tonnes and anchoring the company’s copper portfolio. On April 15, ...
Barrick Gold has suspended production at Loulo-Gounkoto, Mali's largest gold mine, since early 2025. The company decided due to an ongoing dispute with Malian authorities over allegedly unpaid taxes ...
Gold Fields applied to extend the mining lease for its Damang gold mine in Ghana, but the government rejected the request, leaving the mine's future uncertain. Gold Fields faces an imminent shutdown ...
As the global race for critical minerals like copper, cobalt, and lithium intensifies, African nations strive to have a more strategic role in these lucrative value chains. Yet, this ambition is ...
Senegal says it will need CFA1.195 trillion ($2.06 billion) to finance its 2025 budget. Government plans to cut this need to CFA155 billion by 2029 if a new IMF deal is reached. PM Sonko calls for a ...
This meeting marks a milestone in Egypt’s growing digital maturity and attractiveness to international capital. Through strategic public-private collaboration, the country is well-positioned to lead ...