Africa’s Critical Minerals Key to Trade and Sustainable Development
ADDIS ABABA, Ethiopia (BG) - Africa's wealth of critical minerals, including cobalt, lithium, and nickel, offers an unprecedented opportunity to...
Business, Trade & Economy
Business, Trade & Economy covers the forces driving Africa’s economic transformation. This section includes finance, banking, investment, trade, entrepreneurship, startups, technology, innovation, industry, manufacturing, AfCFTA opportunities and business stories shaping Africa’s growth.
Ethiopia Opens Banking Sector to Foreign Investment, Ushering in a New Economic Era
ADDIS ABABA, Ethiopia (BG) - Ethiopia has officially opened its banking sector to foreign investors, marking a significant step in...
Climate Tech in Sub-Saharan Africa Gets $10 Million Boost from African Dev’t Bank
ABIDJAN, Ivory Coast (BG) - The African Development Bank (AfDB) has committed $10 million from its Sustainable Energy Fund for...
Zimbabwe Launches $23.7 Million Project to Reduce Mercury Use in Artisanal Gold Mining
HARARE, Zimbabwe (BG) - Zimbabwe’s government has launched a $23.7 million project aimed at reducing mercury use in artisanal and...
Cameroon Secures €330 Million from African Development Bank to Boost Douala-N’Djamena Corridor
DOUALA, Cameroon (BG) - The African Development Bank Group (AfDB) has approved two loans totalling €330.48 million to Cameroon for...
$50 Million Financing Deal Targets Women-led Enterprises in Nigeria
RABAT, Morocco (BG) - The African Development Bank (AfDB) Group’s Affirmative Finance Action for Women in Africa (AFAWA) initiative is...
Libya Unveils National Strategy to Boost Economy Through Free Zones and Transit Trade
TRIPOLI, Libya (BG) - Libya's Ministry of Economy and Trade, in collaboration with international experts from Expertise France and with...
ECA Launches Innovative Data Tool to Drive Intra-African Trade, Boost AfCFTA Integration
ADDIS ABABA, Ethiopia (ECA) — The Economic Commission for Africa (ECA) has introduced the African Continental Input-Output Table (AfCIOT), a...
Rwanda Secures $100 Million Loan to Improve Urban Transport in Kigali
Project aims to ease congestion, enhance safety, and promote sustainable urban mobility in Kigali. KIGALI, Rwanda (BG) - The African...
Africa Investment Forum Kicks Off in Rabat to Drive Investment Opportunities Across the Continent
Event Aims to Mobilize Capital for Africa's Economic Development and Investment Opportunities RABAT, Morocco (BG) - The 2024 Africa Investment...
Morocco Names First Female Prime Minister after Historic Election
Fatima Ezzahra El Mansouri becomes Morocco’s first female prime minister after PAM wins the most seats, setting up negotiations to...
Kenya Breaks Ground on $16 Billion Dangote Refinery in Lamu
East African country launches construction of a $16 billion Dangote refinery in Lamu, a project officials say will create 60,000...
What Can Africa Achieve Without a Security Council Seat?
Africa’s push for a permanent U.N. Security Council seat remains stalled. Elsewhere, the continent is building leverage through taxes, debt,...
Uganda Casts Wide Net in Talent Hunt Ahead of 2027 AFCON
East African Country is exploring diaspora players with ancestral ties as the Cranes look to broaden their talent pool for...