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Africa
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$100 million for 10,000 young people: the Elumelu model, a strategy african entrepreneurs can replicate
The model is now clearly visible. The question that remains is whether African business leaders are ready to adopt it as a sustainable strategy.
Burkina Faso : a 2 Billion CFA Franc soybean processing industrial complex comes into operation
The total cost of the infrastructure is estimated at nearly 2 billion…
Nigeria: Dangote Cement seals over $1 billion deal with Sinoma to expand capacity in Africa
According to information , the agreement covers twelve industrial projects. These include…
Building an African financial powerhouse : BOAD and RMDB join the AAMFI
Established in 2024, AAMFI was created to bring together African-owned and African-controlled…
Ghana’s $20 billion gold pivot: can GANRAP stabilize the Cedi?
At the center of the reform is the Ghana Gold Board (GoldBod),…
Senegal launches 2026 public debt offering of 200 billion CFA francs
Financing the 2026 budget and structural reforms . The funds raised through…
Africa: Access Bank and Equity Group Holdings accelerate cross-border mergers, 70% of deals concentrated in South Africa, Egypt and Kenya
Following the adoption of higher minimum capital thresholds by supervisory authorities, undercapitalized…
MTN Cameroon transfers over 400 Million FCFA to the CDEC: a turning point for financial transparency
In Cameroon, the CDEC is mandated to receive, hold, and safeguard funds…
Cameroon: SOTRAMAS and the industrial collapse of cassava processing in Sangmelima
Located in the city of Sangmelima, the Société de Transformation Industrielle de…
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Ethiopia : despite strong potential, the mining sector only contributes 1% of GDP
Ethiopia , home to Africa's second fastest-growing economy, is experiencing considerable foreign interest in its mining sector.
Cameroon: the emergency need to boost local palm oil production
Faced with ever-increasing demand for raw materials for the 2nd transformation industries, Cameroonian refiners are planning to tap the international…
Cameroon: studies launched for the Mbakaou hydroelectric plant in the septentrion, with a projected output of 250 to 300MW
Covering technical, environmental, social and financial studies, the contract was signed on Wednesday July 17 by the Managing Director of…
Program budget: to improve governance, Cemac draws inspiration from the Uemoa model
The leaders of these two sub-regional institutions exchanged experiences at a contact audience on July 15, 2024 at Uemoa headquarters…
Cameroon: consolidated figures for the financial statements of Cameroon Oil Depots company(SCDP) in 2023
The Ordinary General Meeting of SCDP, held this Tuesday, July 16, 2024 in Yaounde, approved the financial statements for the…
Botswana: growth forecasts revised downwards following tensions on the world diamond market
Lower mining revenues have led the International Monetary Fund (IMF) to cut Botswana's growth forecast for 2024 to 1%, compared…
Central Africa: should Cobac suspend fund transfers to Cameroon’s Deposit Consignments Fund(Cdec)?
The Banking Commission of Central Africa is asking Cameroon's credit, microfinance and financial institutions to postpone transfers to the Cameroon's…
Cameroon: 39.5 million US dollars (23.9 billion FCFA) of remaining projects make it possible to expand the northern entrance line of the city of Yaounde
These include US$34.4 million (FCFA20.8 billion) from the implementation of the transport sector support project, phase I for the construction…
How Africa is negotiating the race to Artificial Intelligency
As the world moves towards a digital transition, African leaders are taking a keen interest in the technological revolution (Artificial…
Morocco: Veolia sells former Suez subsidiary Lydec
Following the operation, Veolia will remain a major partner of the Kingdom of Morocco present in water and electricity distribution…
