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Airtel Uganda has officially launched new 4G network masts in Rwemikoma, Kazo District, as part of its continued mission to expand digital inclusion and reliable connectivity across the country, the ...
Prices for energy, metals, fertilizers, and food are expected to drop in 2025 and 2026, according to the World Bank. Lower global growth and strong oil supply are driving the decline in commodity ...
Burkina Faso’s industrial gold production has declined for three straight years since Nordgold exited its Taparko mine in 2022. Record-high gold prices now drive the government to boost export volumes ...
Perseus Mining took over Tanzania’s future Nyanzaga gold mine through its OreCorp acquisition. The company delayed the project’s final investment decision (FID) to January 2025 before greenlighting ...
Mali directed more than $1.11 billion (CFA641.02 billion) toward its defense sector in 2024, according to a new report from the national budget office. The spending covered nearly all of the CFA650.8 ...
• Only 17% of Ethiopia’s land has been surveyed so far, despite heavy reliance on groundwater in rural areas Ethiopia has officially launched a five-year project to map all of its underground water ...
(Ecofin Agency) - • Lagos-based Aruwa Capital has raised $35 million for its second gender-focused fund. • The firm now aims to grow the fund to $50 million, with a possible cap of $60 million. • ...
Africa’s payment market sees a new partnership between Onafriq and Circle. The deal builds on a trend of stablecoin solutions to reduce FX bottlenecks and enhance payment efficiency. Key challenges ...
(Ecofin Agency) - Facing a prolonged slump in diamond demand and declining prices, De Beers has trimmed its 2025 production forecast to between 20 and 23 million carats, down from an initial range of ...
(Ecofin Agency) - The world’s seabed holds mineral resources valued at $100 trillion. Interest in these critical minerals—cobalt, nickel, and rare earths—has surged recently, yet exploitation remains ...
African countries spent a combined $52.1 billion on their militaries in 2024, marking a 3% increase from the previous year, according to a new report released on April 28, 2025, by the Stockholm ...
Over 90% of the reserves are held abroad, mostly at the Banque de France Critics question the centralization of West Africa’s gold reserves in Europe In 2024, the Central Bank of West African States ...
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