Fitch affirmed Nigeria’s sovereign rating at ‘B’ but revised its outlook from Stable to Positive. Foreign-exchange reserves reached $54.9 billion on September 25, up from $32 billion in mid-April 2024 ...
Dakar 2026 will combine sport with murals, exhibitions, fashion, music, traditional games and cultural heritage across Dakar, Diamniadio and Saly. The YEESAL urban-art project had involved 43 local ...
Ghana is calling for stronger cybersecurity protections for critical infrastructure, particularly industrial systems that control essential services such as electricity and water. About 200 ...
Egypt’s National Authority for Tunnels and Hyundai Rotem signed a memorandum of understanding to study a hydrogen tram project for the New Administrative Capital. Hyundai Rotem will assess the ...
Panthera Resources estimates an initial discovery target of 0.7 million to 1.6 million ounces of gold at its Bido project in Burkina Faso. The company also holds exposure to 635,000 ounces of ...
State revenues rose by about 93% in real terms between 2023 and 2025, while expenditure increased by about 92%. Capital spending’s share of state expenditure climbed from 46% to 61%, led by transport ...
The African Development Bank and IMF reviewed Mali's economic outlook and investment priorities during an October 6 meeting in Bamako. The AfDB's 2026-2028 program includes five planned sovereign ...
Nigeria is negotiating a 1,350-naira ($1.02) per litre cap on the upstream cost of petrol, while the government says the mechanism will not restore fuel subsidies. Refiners and importers would absorb ...
Benin plans to increase social spending to CFAF 1,597.5 billion ($2.73 billion) in 2027, up from CFAF 1,285.4 billion budgeted for 2026. The government plans to expand free secondary education for ...
The three-year arrangement still needs approval from the International Monetary Fund (IMF) Executive Board and depends on prior actions by the Zambian government. It targets a primary surplus of 3% of ...
Navi Pillay, 85, has become the fifth South African to win the Nobel Peace Prize, recognized for her work defending international law and advancing international justice. Pillay helped establish a ...
French geophysical company Viridien signed an agreement with Morocco’s ONHYM to improve geological data and help attract oil and gas exploration investment. The partnership will focus on Morocco’s ...
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