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 ...

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, ...

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 ...

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, ...

Following an 8% rise in 2023, gold prices have surged by approximately 30% since the start of 2024. While certain gold producers are capitalizing on this trend, companies such as Galiano are ...