The article highlights that while Chinese investments are a key part of capital inflows to Africa, they are not as large or transformative as official announcements may portray. Hinrich Foundation, a ...

In its updated global economic outlook, the IMF maintained its 2024 global growth forecast at 3.2%, while sub-Saharan Africa’s projection was revised down by 0.2 percentage points compared to April.

Côte d'Ivoire could increase its gold production to 100 tonnes a year by 2029, up from 51 tonnes in 2023. The country aims to achieve this goal with new mines like Lafigué. Operated by Endeavour ...

The world’s top steel producer and Chinese giant BaoWu is among the actors financing the development of Guinea's Simandou project, the world’s largest unexploited iron ore deposit. North of this ...

Intelsat has been facing multiple issues with its satellites in recent years. These recurring failures affect millions of customers. Luxembourg-based satellite telecom provider Intelsat announced ...

Morocco is Africa's top silver producer. This year, one of its silver mining companies expanded the Zgounder mine to boost production by at least 36% by 2023. On October 21, during overnight trading ...

While the projected tax revenues for 2024 in Côte d'Ivoire are estimated at CFA6,121.40 billion (just over $10 billion), the collection rate as of the end of September stands at 51.75% of this annual ...

Some governments impose strict restrictions on internet users for various reasons. In Africa, while these actions are widespread, some countries make an effort not to oppress their citizens for ...

Gide’s Casablanca, Tunis, Brussels and Shanghai offices are assisting Votorantim Cimentos on the sale of its subsidiaries in both Morocco and Tunisia. Votorantim Cimentos signed an agreement with ...

Ethio Telecom aims to be a key player in Ethiopia's digital transformation. The incumbent operator signed a smart city agreement with the administration of Addis Ababa in June 2023. Ethio Telecom is ...

British investment firm Helios continues to expand its commitment to the food sector in North Africa. It is seeking a substantial minority stake in Egypt's second-largest exporter of frozen products.

Morocco plans to focus more on public investment in 2025, emphasizing boosting social projects to drive development and improve living conditions for its people. The Moroccan government plans to ...