African Electric Mobility Firm Spiro Raises $215 Million for Continental Expansion
Fresh funding will help the company expand its battery-swapping network, boost local manufacturing and enter new African markets as demand...
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African Development Bank Governors Call for Faster Reform of Continent’s Financial Architecture
At the African Development Bank Group’s 2026 Annual Meetings in Brazzaville, governors endorsed President Sidi Ould Tah’s Four Cardinal Points...
Madagascar Secures $68 Million for Economic and Governance Reforms
Financing will support public financial management, tax administration, energy access and efforts to attract private investment
Rwanda Secures €45M to Expand Climate-Resilient Irrigation in Drought-Prone East
Rwanda has secured €45.4 million in additional financing to build a climate-resilient irrigation system across 3,073 hectares of agricultural land...
Côte d’Ivoire Pushes for More Inclusive, Efficient African Financial System
Côte d’Ivoire Prime Minister Robert Beugré Mambé called for reforms to make Africa’s financial system more inclusive and efficient as...
Burkina Faso Patriotic Fund Raises $828 million in 3 Years, Surpassing Target
Burkina Faso's Patriotic Support Fund mobilized 496.97 billion FCFA ($828 million) between 2023 and 2025, exceeding its 400 billion FCFA...
Afreximbank Commits $2.5 Billion to Dangote Refinery Financing
The African Export-Import Bank (Afreximbank) committed $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery...
West Africa Takes a New Approach to Tax Reform
A $5.52 million grant agreement signed in early March between the West African Tax Administration Forum (WATAF) and the African...
Ethiopia Draws $13.1 Billion in Investment Deals at Annual Forum
Ethiopia secured $13.1 billion in investment agreements at the conclusion of the "Invest in Ethiopia 2026" Forum in Addis Ababa,...
Okonjo-Iweala Urges Stronger Partnerships as WTO Launches Trade Support Program
World Trade Organization Director-General Ngozi Okonjo-Iweala on Thursday called for stronger global partnerships as a new phase of a trade...
New Botswana City Project Launched to Support Economic Diversification
GABORONE Botswana has launched the New Botswana City project in Gaborone, a development expected to attract investment, create jobs and...
Kenya’s Ebola Preparedness Highlights the Need for a Clear Framework
An active Ebola outbreak in Uganda and the Democratic Republic of Congo has tested Kenya's public health preparedness and exposed...
Côte d’Ivoire Secures €103 Million to Expand Electricity Access to 100,000 Households
African Development Bank approves financing for the second phase of a national electrification project aimed at expanding grid connections, upgrading...
Ghana Launches AgriConnect Compact to Boost Food Security, Jobs, Agricultural Investment
A $3.5 billion agricultural initiative backed by the World Bank Group and development partners aims to strengthen food security, create...