Benin’s public debt is mostly external, totaling $7.8 billion, while domestic debt is $3.13 billion. These represent 37.7% and 15.2% of the country’s GDP, according to the CAGD. As of Sept, Benin's ...

The difference in interest rates between Nigeria and WAEMU countries reflects how investors view their sovereign risk and economic stability. This highlights the ongoing weaknesses in Nigeria’s ...

As of the end of October 2024, Morocco's total imports increased by 5.8%, driven mainly by purchases of finished goods and food products, according to the Foreign Exchange Office. Morocco’s trade ...

In FY 2024, the United States contributed nearly $6.6 billion in humanitarian aid to sub-Saharan Africa. During his visit to Angola on 3, President Joe Biden (pictured) announced over $1 billion in ...

Diaspora remittances accounted for 25% of Zimbabwe's total foreign currency earnings between January and Sept. Remittances from Zimbabweans living abroad reached $1.9 billion between January and Sept, ...

Bridging this funding gap is crucial for the country, which will need to create up to 130 million jobs over the next 20 years. Contributing 90% of job opportunities, MSMEs are the key to achieving ...

The BCEAO said it will keep taking the necessary steps to maintain monetary and financial stability in WAEMU while also supporting economic growth. Although there were no rate hikes this year, the ...

In recent years, Côte d’Ivoire has attracted numerous investments in the extractive sector. At the first edition of SIREXE, the country secured several partnerships to boost the growth of this sector.

China has banned the export of several critical minerals to the US. Announced and implemented on December 3, the move covers minerals like gallium and germanium. It is a response to U.S. restrictions ...

As the global market becomes more connected, having access to world-class internet speeds allows African SMEs to compete on an international scale. From better supply chain management to seamless ...

The fintech aims to become the 'Stripe of Francophone Africa' by creating smoother connections between mobile money operators, banks, and other payment providers. Stripe, a U.S.-based payment giant, ...

Vodacom announced on November 28 the launch of a new 4G/LTE base station in Thathe Vondo, Thulamela Municipality, Limpopo province. This marks the area's first high-speed mobile network, enhancing ...