Congo secures $1.05 bn for oil and gas expansion by 2027
The Republic of Congo is working to increase oil production to 500,000 barrels per day (bpd) by 2027 while accelerating gas exploration and production. The Ministry... Read more.
Africa’s inflation to drop to 12.6% by 2026 as growth strengthens — AfDB
Africa’s economic growth is showing improvement despite persistent global challenges, according to the 2025 Macroeconomic Performance and Outlook (MEO) report... Read more.
European Union allocates TZS 17.8 bn to boost civil society in Tanzania
The European Union (EU) has allocated TZS 17.8 billion (€6.5 million) in grants to support Tanzanian civil society organisations. The funding will be used for... Read more.
FG announces strategic collaboration with Google to boost AI and digital innovation
The Federal Government has announced a strategic partnership with Google to position Nigeria as a global technology hub. This initiative follows a high-level meeting... Read more.
SMEDAN commits to entrepreneurship development, empowers 100 youths in bag-making training
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has reiterated its dedication to empowering Nigerian entrepreneurs as 100 young Nigerians... Read more.
Africa CDC allocates $1.6m to nine NPHIs as centres of excellence
The Africa Centres for Disease Control and Prevention (Africa CDC) has allocated $1.6 million to nine newly designated National Public Health Institutes (NPHIs)... Read more.
IMF completes mission to Zimbabwe as growth slows to 2%, projects 6% in 2025
The International Monetary Fund (IMF) has concluded a mission to Zimbabwe to advance discussions on the country’s Staff-Monitored Program (SMP). A team led by... Read more.
$3.4tn trade deal key to reducing Africa’s economic vulnerability
Africa remains at the centre of global crises, facing economic instability, climate disruptions and geopolitical tensions. The United Nations Conference on Trade... Read more.
African Energy Week to unlock $30bn+ in investments from G20 nations
Invest in African Energies has emerged as a key platform for energy investments between Africa and G20 nations. As major energy projects require funding, international... Read more.
IFC invests $50m in Lagos Free zone to boost industrial growth
The International Finance Corporation (IFC) has announced an equity investment of up to $50 million in Lagos Free Zone Company. The investment aims to support the... Read more.
