The operation will involve two bonds with 5- and 8-year maturities, offering fixed rates of 6.50% and 6.80%, to fund public projects. Burkina Faso's budget deficit is projected at 4.9% of GDP in 2024, ...

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 ...

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 ...

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 ...

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 ...

The key trends shaping Africa's commerce sector in the coming years include the rise of the mobile economy, the rapid growth of embedded finance, the widespread use of super apps, and the ...

Sub-Saharan Africa continues to capture investor interest, especially in mining, energy, and tech. The region’s natural resources, growing population, and digital shift fuel M&A activity, with more ...

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 ...

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 ...

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 ...

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 ...

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.