Under pressure to meet African governments' funding needs, banks are increasingly turning to public debt. This trend, known as the 'crowding-out effect,' limits credit access for the private sector ...

In September 2024, a stronger food supply, especially in coastal countries, helped slow down rising food prices. Côte d'Ivoire, Benin, and Togo were among the WAEMU nations that saw inflation ease.

Tunisia’s government is planning a state budget of over $25 billion for 2025, with an economic growth target of 3.2%. The forecast relies on an estimated Brent crude oil price of $77.4 per barrel to ...

The deployment of submarine cables enhances high-speed connectivity. This infrastructure is pivotal for the development of smart cities, digital governance, and expanding tech ecosystems across the ...

The World Bank warns that without new climate adaptation measures, Senegal could experience annual GDP losses of up to 9.4% by 2050 due to climate-related disasters. Senegal could see a 2% boost in ...

MTN is the largest telecom operator in Rwanda’s mobile phone market, where it competes with Airtel. In the first nine months of 2023, the company generated revenue of RWF 188.4 billion. Mobile phone ...

West Africa is the leading region for powdered milk imports in Africa. While demand for dairy products is growing in the area, developing local dairy industries remains a significant challenge. In ...

With over 90% of businesses in Africa’s food sector being micro, small, or medium enterprises (MSMEs), the report highlights the need to promote economies of scale and shared production tools. This ...

The funds will primarily go toward settling loans provided by Ethiopia’s largest bank to several state-owned companies, including Ethiopia Electric Power, Ethiopian Sugar Corp, and Ethiopia Railway ...

Even though venture capital investments have slowed in Africa, sectors like fintech and renewable energy continue to draw significant funding. However, the ecosystem remains largely male-dominated. In ...

Nigeria is facing economic challenges driven by inflation and the devaluation of its currency, the naira. Economic growth has struggled to keep up with a fast-growing population, which has deepened ...

Kenya’s digital landscape is poised for continued expansion, with a focus on improving digital access across both urban and rural regions. Addressing infrastructure constraints and maintaining ...