Nigerian labor unions protest skyrocketing electricity prices following government subsidy cuts.

The EU and DR Congo are working together to improve the traceability of the African nation’s minerals, despite tensions arising from a separate EU deal with Rwanda.

Netflix is investing in African talent to create impactful stories that resonate globally, fostering local voices and cultures on screen.

The central bank notes that 82.5% of the foreign debt is long term, amounting to 43% of the country’s GDP

Microsoft is restructuring its operations in Africa, with the closure of its development center in Lagos.

Deals include promoting university exchange programs and research in renewable energy.

Turkey and Algeria have agreed to significantly increase the number of weekly flights, offering more travel options and eliminating destination limitations.

Gold prices slipped in early Asian trading on May 6th as the US dollar strengthened.

The IMF revised Senegal’s 2024 growth forecast down to 7.1% due to a slow first quarter caused by elections and gas production delays, but the new government remains committed to the IMF program.

DRC’s $7 billion infrastructure deal with Chinese companies relies on copper prices staying high, as per the revised minerals agreement.

ExxonMobil eyes a late 2025 investment decision for its redesigned Rovuma LNG project in Mozambique.

A harvest shortfall in Ivory Coast and Ghana combined with pre-sold contracts at low prices creates a complex situation for farmers.

Mali’s agricultural calendar spans from April to April

Facing a foreign reserves crisis, Egypt implemented a devaluation strategy and secured an IMF deal.

In anticipation of ZiG’s introduction, authorities cracked down on illegal foreign currency trading, accusing dealers of exploiting the new currency’s exchange rates against the greenback

Morocco is investing $176 million to expand Marrakech Menara Airport’s capacity, allowing it to handle over 11.5 million passengers annually.

Suez Canal one of main source of Egypt’s foreign currency

Despite Houthi attacks in Yemen’s Red Sea, Saudi Arabia presses on with tourism development projects.

The emirate unveils plans for a $35 billion mega-terminal at Al Maktoum International, aiming to become the world’s largest and eventually replace the current Dubai International Airport.

The United Arab Emirates is preparing for its future energy needs by inviting bids for a new nuclear power plant.

Democratic Republic of Congo demands Apple provide details about its supply chain to address concerns over the use of conflict minerals.

Algeria, home to nearly 45 million inhabitants, has grappled with recurring milk shortages in recent years

The government has approved the development of a special free zone and international tourist port, backed by a $35 billion investment deal with the UAE.

Oil prices rise on positive US inventory data indicating tightening markets and strong demand ahead of the summer driving season.