The Central Bank of Ghana has been buying gold to boost its foreign exchange reserves for several years. This initiative has significantly raised the country's gold holdings, making Ghana Africa's top ...

Kibali, Africa's largest gold mine, is jointly operated by Barrick, AngloGold Ashanti, and the Congolese state-owned company Sokimo. After producing 762,000 ounces in 2023, the mine recorded an 8% ...

In December 2024, the United Nations and its humanitarian partners called for $7.6 billion in funding for 2025 to support 35 million people affected by crises in West and Central Africa. President ...

The Central African Economic and Monetary Community (CEMAC) is now turning to the private sector to develop regional projects. The regional body has adopted a new public procurement strategy and a ...

The International Energy Agency (IEA) predicts electric vehicle (EV) sales will hit 40 million units by 2030. This surge could benefit Africa, which possesses about 30% of the minerals needed to ...

The African Guarantee Fund (AGF) announced yesterday a new $5 billion local currency guarantee mechanism aimed at boosting financing for energy access projects across Africa. The announcement was made ...

In the coming years, intra-African trade, especially through the AfCFTA, could boost factoring by making inter-business transactions easier. Currently, the factoring market is still largely controlled ...

(Ecofin Agency) - Approved five years after the startup law was passed, the implementation decree lays out a clear regulatory framework for these innovative businesses. It introduces a set of ...