President Félix Tshisekedi has replaced the chairman and chief executive of state-controlled diamond miner MIBA following months of internal governance disputes. The Congolese government, which owns ...

France’s development agency AFD has committed €100 million ($112.36 million) to support Morocco’s 2023–2030 port investment programme through a 13-year non-sovereign loan. Morocco plans to modernise ...

Tanzania registered 209 investment projects worth $2.81 billion between July and September 2026, with the potential to create 35,638 jobs. Commercial real estate and construction attracted the most ...

The African Development Bank’s sovereign portfolio ranked first in the 2026 Aid Transparency Index, scoring 98.8 out of 100. The World Bank’s International Development Association (IDA) and the ...

The 15th Africa International Film Festival (AFRIFF) aims to strengthen Lagos’ position as a hub for African film production, financing and distribution. The second African Film and Content Market ...

Madagascar has secured a $1.9 million grant from Japan to equip the University of Itasy with advanced geological research equipment. The new laboratory instruments will help Malagasy students and ...

Mauritania and France have signed a €4 million agreement to modernize a vocational training school in Nouakchott over three years. The project will introduce internships and work-study programs, ...

Austrian agricultural technology company Pessl Instruments plans to deploy 15,000 connected weather stations in Kenya under its UpYield4Africa programme. The company targets 100,000 weather stations ...

Ethiopia's central bank intends to maintain tight monetary policy over the medium term. The benchmark interest rate will remain at 16%, with an interest rate corridor of 13% to 19%. Inflation is ...

Murphy Oil has signed two production-sharing contracts covering Mauritania's offshore C10 and Tiof areas. Tiof holds an estimated 280 million barrels of oil but has yet to be commercially developed.

Egypt and IFAD have signed two financing agreements totaling $65.32 million to improve irrigation and strengthen agricultural resilience to climate change. The main project will benefit around 90,000 ...

TotalEnergies says Middle East oil supply disruptions could accelerate electric vehicle adoption and the shift to alternative fuels. The company expects global oil demand to peak in the 2030s, ...