The idea of breaking free from the U.S. dollar is not new in Africa, but it has gained momentum in recent years. In a context marked by high volatility in local currencies, challenges in accessing ...

Côte d’Ivoire became the first sub-Saharan African country to raise Eurobonds since 2022. Following this, Moody's upgraded its credit rating, thanks in part to its efforts to mobilize domestic revenue ...

Robex Resources has acquired its second gold mine in West Africa, the Kiniero mine in Guinea. The Canadian firm aims to start production at Kiniero by late 2025. Its first mine is the Nampala mine in ...

Canadian company Asante Gold runs two gold mines in Ghana and aims for an annual production of 500,000 ounces by 2028. Asante plans to develop an underground operation at Bibiani, one of the two mines ...

So far, the negotiations with companies owning gold mines in the country have yielded $783 million (CFA500 billion) for Mali. Hummingbird is among the latest to have reached an agreement with Bamako.

Fintech remains the top choice for investors in Africa's startup ecosystem, with 2024 continuing the strong momentum seen in recent years. In 2024, African financial technology startups raised $1.034 ...

With the youngest population in the world, Africa could provide a skilled workforce to the global market in the next 10 to 15 years, according to Brookings forecasts. However, this will only be ...

Africa's external debt has reached $1.15 trillion, and the report highlights that interest payments account for more than 25% of public revenues in six African countries, including Egypt, Nigeria, and ...