Ethiopia closed its embassy in Asmara and ordered 10 Eritrean diplomats to leave within 48 hours. Eritrea responded by severing all diplomatic relations and rejected Ethiopia’s accusations. Renewed ...
Average borrowing costs fell across CEMAC in the second quarter, but individuals still paid substantially more for bank loans than businesses and public administrations. The regional average effective ...
Several branches of the Castel family challenge Romy Castel’s moves to change IBBM’s governance without consulting them. They reiterate that her positions represent neither the family as a whole nor ...
Congo’s exports reached CFA1.46 trillion ($2.51 billion) in the second quarter of 2026, up 54.06% year on year and 37.14% from the previous quarter. Crude oil accounted for 95% of total exports, ...
South Africa lost 14,000 formal non-agricultural jobs between March and June 2026, after shedding 80,000 jobs in the first quarter. The unemployment rate rose to 33.6% in the second quarter from 32.7% ...
Tunisia and Libya have joined a seven-country African procurement mechanism that pools demand for medicines, vaccines and medical supplies to negotiate better prices and supply terms. The mechanism ...
NIU-backed Critical Metals has started fieldwork at the Molulu copper-cobalt project near Lubumbashi. NIU committed £2.5 million in new convertible financing in July after a £2.1 million facility in ...
BEAC wants a single technology platform to support both CEMAC’s money market and its central securities depository, bringing two important parts of the regional financial system onto shared ...
The Philippines plans to open its first embassy in Ghana by the end of 2026. Both countries plan business forums and are considering a bilateral chamber of commerce. Ghana-Philippines trade totaled ...
Angola plans to expand its terrestrial fiber network and add a domestic submarine cable linking coastal cities to improve broadband capacity and national connectivity. The country already has ...
The agreement clears several key hurdles for Volobe Amont, but the project still needs to settle issues including the electricity purchase price before construction can move ahead. The 120 MW plant is ...
International funding commitments for the Ebola response have now exceeded $2 billion, including more than $470 million in new pledges announced at the September 30 ministerial meeting. The money will ...
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