Diageo subsidiary Guinness Ghana Breweries Ltd (GGBL) has announced revenue of 2.3 billion cedis ($148.5 million) for the financial year ending 30 June 2024, representing a 35.2% increase over the […]
Japanese solar solutions company TOYO has unveiled its ambitious project to build a state-of-the-art solar cell plant in Hawassa, Ethiopia, with a planned annual capacity of 2 GW. Announced in […]
Uganda, a landlocked country in East Africa, is implementing an ambitious strategy to optimize its logistics links to regional ports, which are crucial to its foreign trade. A major infrastructure […]
Chinese companies mining gold in the Democratic Republic of Congo (DRC) are under heavy surveillance due to their illegal activities in South Kivu , a province rich in natural resources but hard […]
Sub-Saharan Africa’s economic growth is projected to reach 3% in 2024 , according to the World Bank’s “Africa’s Pulse” report released on October 14, 2024. While this forecast is down from the […]
Congolese Budget Minister Ludovic Ngatse has announced an ambitious plan for the 2025 budget, with a projected increase in revenue of nearly $4.7 billion . The plan marks an 8.48% increase over the estimated […]
Democratic Alliance opposes Ramaphosa’s pro-Russian positions The Democratic Alliance (DA), South Africa’s former opposition party and now the ANC’s main coalition partner, has distanced itself from President Cyril Ramaphosa’s recent […]
A deteriorating financial and logistical situation French uranium specialist Orano has announced the suspension of its production of uranium concentrate in Niger from October 31, 2024. This decision is the […]
Italy commits to energy transition in Africa The adoption of sustainable energy has become a priority for Africa, as the continent embarks on a crucial energy transition process. In this […]
A significant increase in FDI in 2023 In 2023, Ethiopia attracted a total of $3.9 billion in foreign direct investment (FDI), marking a 14% increase over the previous year. This […]
