Senegal’s budget deficit averaged 10.4% of GDP, nearly double the initially reported 5.5%, while public debt exceeded 83% of GDP in 2023, according to the government. Moody's downgraded Senegal’s ...

The African Development Bank Group has appointed Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet Office, effective 1 July 2024. Dr. Pinto Moreira, a Beninise ...

In Congo, 48.31% of consumers are unhappy with the mobile Internet services provided by telecom operators MTN and Airtel. This finding comes from the “Satisfaction Survey on Postal and ...

The IMF says Ghana has successfully met its quantitative targets for the end of June 2024. Last week, the International Monetary Fund (IMF) reached a staff-level agreement with Ghanaian authorities on ...

When it becomes operational, this market will provide additional funding for SMEs, which are vital to driving economic growth in the UMOA region. The West African Monetary Union (UMOA) is set to ...

Struggling to stay competitive, Tmcel is focused on boosting service quality to stand out in the national telecom market, where it faces competition from Vodacom and Movitel. Mozambique’s state-owned ...

The approach aims to speed up Rwanda's continental trade by grouping the goods of its businesses into a single shipment, thus optimizing logistics and reducing costs. Rwanda has sent its first ...

Following Gabon's example, the 'debt-for-nature' approach is becoming more popular in Africa, particularly among nations with heavy debt burdens and rich biodiversity. If the IUCN's initiative ...

Authorities in Senegal are stepping up to push the country's digital sector to a higher level. By 2030, the sector's weight in the GDP is expected to be 10%. Great projects are already on the way.

The program, launched by Heva Fund and Next Narrative Africa, aims to provide up to $5 million for each African television or film project. It seeks to support the continent's underfunded creative ...

In Q1 2024, Togo was Benin's top customer in the ECOWAS region. However, Nigeria has since taken the lead, boosted by increased exports of various products, including rice. Nigeria now accounts for 31 ...

BOA Mali’s net profit surged in the first half of 2024, reaching CFA4.8 billion, driven by a 44% drop in risk costs and a modest 4% increase in net banking income, despite inflation, rising resource ...