Uganda’s coffee export earnings and shipments rose sharply in May, fuelled by a bumper harvest and rising market prices

The US-Africa Business Summit in Luanda unites African presidents and investors to foster economic partnerships

Democratic Republic of the Congo extended its cobalt export suspension by three months due to persistent oversupply in the global market

The Italian Prime Minister and EU chief back investments in Africa to curb migration by supporting industries like energy and healthcare.

Niger nationalizes the Somair uranium mine run by French firm Orano amid worsening ties and a dispute over mining agreements and operations.

African diamond producers pledge one percent of revenue to fund marketing campaigns promoting natural diamonds against synthetic rivals.

Morocco’s Wafa Assurance plans to grow its Egyptian business by buying Delta Insurance shares.

Us, UK, and Congo officials launch Kiswishi City SEZ with new Pepsi plant and fuel depot creating thousands of jobs in Haut-Katanga Province.

The state now owns five key gold mines in Burkina Faso to better manage mineral resources.

China’s Belt and Road Initiative has increased Africa’s debt, sparking concerns over project transparency and long-term economic implications.

Zimbabwe plans to ban lithium concentrate exports from 2027 to expand local refining capacity and grow its battery-grade output.

In its sixth consecutive rate cut, the Central Bank of Kenya reduced the benchmark rate to 9.75 percent to stimulate private sector activity.

Next year’s budget totals 1.9 trillion birr ($14 billion) and envisages a deficit of 2.2 % of GDP, slightly above the current 2.1 %

Nigeria’s $5 billion oil-backed loan with Aramco is delayed as oil prices fall and banks worry about crude supply.

The Lobito Corridor is seen as a strategic alternative to Chinese-controlled transport routes for critical minerals in the region

IMF backs Senegal’s plan to raise domestic revenue but maintains its stance on the ongoing debt misreporting case.

A Franco-Moroccan man suspected of leading kidnappings targeting French cryptocurrency entrepreneurs was arrested in Morocco amid increased cross-border cooperation.

In April, Egypt’s foreign assets declined to $13.54 billion, down from March’s surge linked to IMF backing and economic reform measures.

UAE firm IRH bought a majority stake in Congo’s Alphamin tin mine to expand its presence in African critical minerals and support green energy needs.

Analysts say the order’s success hinges on inter-agency cooperation

Afreximbank confirms Ghana is up to date on loans, raising tensions with creditors requiring debt restructuring.

Sidi Ould Tah was elected president of the African Development Bank and will start his term on September first.

With inflation easing further South Africa’s Reserve Bank reduced its key interest rate by 25 basis points.

Rising tensions in Libya could halt oil production as the eastern government threatens a shutdown over NOC disputes