Movis CI will delist from the West African regional stock exchange following sustained financial losses. The company’s majority shareholder is offering to buy back remaining public shares at CFA40,000 ...

Mali's inflation rose to 8.3% in February 2025, the highest rate in the West African Economic and Monetary Union (WAEMU). • Rising food, housing, energy, and communication costs continue to push ...

Safaricom has launched the Spark Accelerator, a program to help bold, visionary founders grow and scale their startups. It targets early-stage, post-revenue startups in Kenya. Startups must have a ...

Tech development continues to shake up every corner of the global economy. From finance and healthcare to retail and artificial intelligence, big changes are already underway. Research firm CB ...

Egypt has launched its first instant international money transfer service through the e& Cash digital wallet, making it easier and faster for users in Egypt to receive remittances from the UAE and ...

President Mnangagwa wants to suspend tariffs on American imports • Move comes as U.S. rolls out new duties affecting over 180 countries • Harare eyes stronger ties with Washington under Donald Trump ...

MTN Group, the South African telecommunications giant, has announced a partnership with UK-based video software provider Synamedia to develop a new streaming platform. This move is part of MTN’s ...

Tunisia is exploring private 5G networks to help companies set up high-speed, low-latency connections tailored to their needs. • The government has launched a public consultation on the use of the 3.3 ...

Commercial banks in Kenya earned record profits in 2024 but are still urging the central bank to lower interest rates. • Loan costs remain high for borrowers, with average lending rates above 16%, ...

The West African Economic and Monetary Union (WAEMU) faces rising liquidity costs despite a stable official interest rate. • Banks across the region are building up reserves to cope with uncertainty ...

New U.S. tariffs of up to 50% hit imports from 185 countries, including 51 in Africa • Key African exports like oil, minerals, and textiles could be severely affected • Experts say the move ...

(Ecofin Agency) - • South Africa plans to shift industries towards higher-value production to limit U.S. tariff effects • The U.S. will impose tariffs up to 50% on imports from 185 countries, ...