Despite industry challenges, Lucara Diamond generated $172 million in revenue during 2023 through the sale of 379,287 carats, benefiting from the superior quality of its diamonds. Last year, Lucara ...

In line with its ambition to boost the country’s annual copper output to 3 million tons by 2032, Zambia’s government bets on several projects, including one to expand the Lumwana mine. Barrick, the ...

Ivorian telecom operators are expected to provide nationwide coverage, yet some areas are still left out. The government is stepping up pressure to bridge the gap as it pushes forward with its digital ...

Senegal's President Diomaye Faye believes that a complete overhaul of the country’s financial and accounting institutions is crucial to bring about a real shift in economic and financial governance.

Senegal is facing liquidity challenges, with its debt reaching 107% of GDP. The government has pledged reforms to ensure greater transparency, and talks are underway about restructuring local bank ...

In 2024, the euro steadily weakened against the dollar, dropping from 1.12 USD/EUR in September to about 1.02 USD/EUR by January 2025, directly causing the CFA franc to lose ground against the dollar.

Camtel, Cameroon’s national telecom company, is taking steps to improve its services. Yesterday, the company’s CEO, Judith Yah Sunday, concluded a training session for 75 new recruits in the fields of ...

(Ecofin Agency) - In 2024, the Financial Action Task Force (FATF) put Côte d'Ivoire on its watchlist, citing gaps in its efforts to combat money laundering and terrorist financing. Côte d'Ivoire has ...

(Ecofin Agency) - While Fitch has stopped monitoring Dangote Industries, other agencies like Moody’s and S&P Global Ratings are expected to continue assessing the company. Fitch Ratings announced on ...

Benin’s army neutralized 17 attackers in Banikoara, a town in the north of the country, during an assault on February 15, according to local media reports. The attack led to an exchange of gunfire, ...

The report highlights that, in today’s climate of a cooling venture capital market and economic challenges across the continent, mergers and acquisitions, along with geographic expansion, have become ...

(Ecofin Agency) - Seychelles, Cape Verde, Botswana, Rwanda, and Mauritius are the least corrupt countries in Africa, according to the 2024 Corruption Perceptions Index (CPI) published by Transparency ...