S&P Global Downgrades Senegal’s Sovereign Rating Due to Worrisome Debt Level
With a Debt-to-GDP reaching 118%, Standard & Poor’s (S&P) Global has downgraded the sovereign rating of Senegal to B- on
Read more
GDP
Adesina Urges Africa to Be More Self-Reliant in an Increasingly Transactional and Fragmented World
At the African Development Bank (AfDB) Annual Meeting 2025 (#AfDBAM2025), which opened in Cote d’Ivoire on 26th May 2025, Dr
Read more
IFTC Provides $120M to Burkina Faso to Develop Cotton Sector As Per Mourabaha Framework
On 15 May 2025, the International Trade Finance Corporation (ITFC) approved USD 120 million financing package to the Société Burkinabé
Read more
Meloni Averts Full-Scale Trade War with Trump by Plucking Chords of ‘Western Nationalism’
On 17 April 2025, Italian PM Giorgia Meloni met with US President Trump at the White House in Washington DC.
Read more
What Does Trump’s Trim of USAID Mean for Africa?
On 7 February 2025 at midnight, the Executive Order of Trump to cut down to size the United States Agency
Read more
Gulf Cooperation Council Emerges As One of the Top Investors in Africa
In December 2024, Afreximbank released its research report on “Rising Gulf Investments in Africa“, highlighting the increasing and sustained appetite
Read more
Lindian and EGEC Partner to Exploit Woula Bauxite Mine in Guinea
On 11 November, Lindian Resources announced that it has secured a 10-year lease agreement and royalty deed on the Woula
Read more
Africa Advocates Innovative Partnerships to Extract More Wealth from Mining
From 6 to 7 November 2024, the Critical Minerals Africa Summit (#CMAS2024) took place at the Cape Town International Convention
Read more
Putin Touts BRICS as New Global Economic Engine Just Ahead of BRICS Summit 2024
In preparation for the 16th BRICS Summit (#BRICS2024), the BRICS Business Forum took place in Moscow on 18 October 2024.
Read more
AfCFTA is Contributing to Double Africa’s GDP to Over $6T by 2035
The #AfCFTA Business Forum has been rebranded as Biashara Afrika 2024 (#BA2024), where Biashara is a Swahili word for business,
Read more