The Nigerian government has announced plans to fully privatize the country’s four state-owned refineries , a strategic move aimed at revitalizing an oil sector marred by decades of underperformance. The announcement was […]
The Heads of State of the Economic and Monetary Community of Central Africa (CEMAC) , meeting in an extraordinary session in Yaoundé on Monday, December 16, 2024, highlighted the need to adopt urgent measures to stabilize […]
Russian paramilitary group Wagner has raked in more than $2.5 billion from illegal gold mining in several African countries, a report released by the World Gold Council (WGC) on November 18, 2024 , reveals . Since the start […]
The Autonomous Port of Cotonou recorded a remarkable increase of 19.9% in goods traffic in the 3rd quarter of 2024 , reaching 2.51 million tonnes of freight compared to 2.09 million tonnes in the previous quarter. […]
A renewed agreement for sustainable management of fisheries resources On 21 November 2024, Côte d’Ivoire and the European Union concluded a new Sustainable Fisheries Partnership Agreement (SFPA) . This partnership, signed by Sidi […]
The African Development Bank (AfDB) recently approved a $108 million loan to Zambia. This initiative is part of the Fiscal Sustainability and Economic Resilience Support Programme , designed to strengthen economic governance […]
A new era thanks to offshore oil Recent discoveries of world-class oil fields in the offshore Orange Basin are opening up new economic opportunities for Namibia. With reserves estimated at 8 […]
A significant increase but ambitions still not achieved In 2023, trade between Africa and Russia will reach $24.5 billion, an increase of 37% compared to 2022. These figures were revealed […]
A strategic project to reduce imports In the second quarter of 2023, Mali imported $5.2 million worth of explosives and pyrotechnics, essential for the operation of its mines. Faced with […]
Nigeria is planning an ambitious budget for 2025, with an estimated expenditure of N47.9 trillion (US$28.74 billion), marking a significant increase of 66% from the N28.77 trillion allocated in 2024. A budgetary framework focused […]
