Uganda’s foreign exchange reserves have shrunk to a three-month import cover, raising concerns about debt sustainability.

Clashes erupted as demonstrators demanded a better future.

Ethiopia expects progress by December towards a debt restructuring agreement with creditor nations, aiming to resolve its default status while negotiating with bondholders.

Ivory Coast has increased the cocoa farmgate price by 20% to 1,800 CFA francs per kg for the new season to support farmers following a production drop.

Currently, only about 30% of the country has access to electricity, with rural access plummeting to below 5%

Mali’s junta has continued its anti-Western policies with the arrest of four Barrick Gold employees.

The ZiG, representing Zimbabwe’s sixth attempt at a stable currency within 15 years, was introduced to curb inflation

The discussions also included plans for a 200-megawatt (MW) solar power plant to be constructed by Novawind, another Rosatom subsidiary

Senegal’s government unveils a long-awaited financial review, addressing economic challenges and outlining plans for future growth and development.

Many analysts had anticipated that the central bank would maintain the current rates, especially after inflation declined for the second month in a row in August

The National Oil Corporation has declared force majeure on several oilfields and ports.

South Africa’s BEE program is under scrutiny as critics argue that it has failed to address the country’s deep-rooted racial inequality.

The energy company believes there are significant undiscovered resources in the region and is also considering offshore exploration in the future.

Farmers are anticipating a bountiful harvest as the October-to-March main crop season approaches.

the kenyan court of appeal has ruled that meta can be sued in kenya over the firing of content moderators who claim their termination was unlawful setting the stage for a legal battle with the company.

This announcement comes amidst an exodus of several multinationals like Procter & Gamble and GSK from Nigeria due to foreign exchange shortages

The government plans to settle arrears with production companies and ensure sufficient electricity supply.

Congo-Brazzaville is set to embark on a major hydroelectric dam project, with construction scheduled to begin in 2025.

European Union has granted $44.4M to support Rwanda’s ambition to become a regional pharmaceutical and biotech hub.

As Western tariffs on Chinese-made evs rise, China is shifting production to Africa, where mineral resources and labor are abundant.

Ghana has experienced a severe drop in cocoa production due to smuggling, losing over 160,000 tons in the 2023/24 season.

Ethiopian Airlines will commence daily flights to Port Sudan on October 15, 2024, offering a seamless connection from Addis Ababa.

The $1.3 billion concession will be managed by Kenya Electricity Transmission Company (KETRACO)

The country’s tobacco industry benefited from strong global demand, despite the challenges posed by the dry weather.