News

Kenya and Senegal share the top spot in the 2024 African Electricity Regulatory Index published by the African Development Bank (AfDB) on June 20, 2025. This ranking highlights the strength of their ...
TDB, TDF, and World Bank launch ASCENT to provide energy to 3 million people • Burn and Ignite Power sign first deals to deploy clean cooking and solar systems • Off-grid, simple technologies seen as ...
World Bank and DR Congo sign $2 billion financing deal for five strategic projects • Funds will support Inga 3 hydropower, infrastructure, digital transformation, and more • The World Bank's total ...
Sierra Leone’s President Julius Maada Bio elected ECOWAS Chair • Warns of democratic, economic challenges. • Pledges focus on reform, security, unity. Sierra Leone's President Julius Maada Bio was ...
While sustainable aviation fuel (SAF) is gaining momentum globally, Africa is lagging behind. Prohibitive costs, a lack of infrastructure, and a reliance on European standards threaten to leave the ...
Google unveils Veo 3, its latest AI tool for ultra-realistic video generation • Experts warn deepfakes could destabilize Africa's democracies and markets • African Union urges stronger investment in ...
Nsia Banque to launch securitizations in 5 West African countries to fund SMEs • Securitization frees credit by converting receivables into securities • Moves follow successful CFA40B deal and rising ...
DR Congo extends cobalt export ban by 3 months. • Prices up 45% since February to $30,200/ton. • Quotas may replace ban in future review. The Democratic Republic of Congo's suspension of cobalt ...
IMF approves Burkina Faso’s third ECF review, unlocking $32.8M; total aid nears $131M • Growth hit 5% in 2024, seen slowing to 4.2% in 2025; insecurity hurts mining • Program on track despite missed ...
Oasis Capital sold its 16.12% stake in Mansa Bank Côte d’Ivoire The exit marks the second divestment by Oasis Africa Fund I Mansa Bank’s largest shareholder remains Mansa Financial Group with 37.5% ...
Namibia signed an MoU with U.S. firm NANO Nuclear to boost uranium processing. The deal adds the U.S. to Namibia’s talks with China and Russia on nuclear cooperation. No formal nuclear agreements yet, ...
Sonko signed industry, housing, and transport deals in China on June 22. He urged Chinese investment; 2023 FDI hit CFA665B. China-Senegal trade hit $1.5B in 2023. On Sunday, June 22, 2025, Senegalese ...