Over the past year, oil suppliers active in the Democratic Republic of Congo (DRC) recorded losses and shortfalls of $31.5 million, down from $288.6 million in 2023 (-89%). Daniel Mukoko Samba, ...

Morocco and Burundi signed 10 cooperation agreements across key sectors. Both countries adopted a 2025–2027 roadmap to deepen bilateral relations. Burundi reaffirmed its support for Morocco’s ...

Nigeria’s GDP grew 3.4% in 2024, the strongest since 2014, excluding COVID rebound years. Oil, gas, and services led the growth, while agriculture and manufacturing stayed weak. Reforms helped rebuild ...

On May 8, 2025, the Ministry of Transport, Communication Routes and Opening-up issued an official letter listing 240 unapproved river and lake ports slated for immediate closure. The document, ...

Africa Global Logistics (AGL) announced an investment of CFA4 billion to expand its logistics hub in Kribi, Cameroon. The goal is to keep pace with rising container traffic at the city’s deep-sea port ...

Cameroon officially launched the second container terminal at the Kribi deep-sea port on May 9. The new terminal was inaugurated during a ceremony led by Transport Minister Jean Ernest Ngallé Bibéhé ...

In the Democratic Republic of Congo (DRC), state-owned Lignes Maritimes Congolaises (LMC) is about to add two vessels to its fleet, according to its Board Chairman Lambert Mende Omalanga. The ...

Unpaid domestic debts hit CFA363 billion by end of 2024, or 2.6% of GDP. 80% of arrears affect private firms, especially small and mid-sized businesses. Government vows zero new arrears in 2025 under ...

Indian electric motorbike maker Spiro is entering the Cameroonian market. The company wants to promote electric mobility and support local industrial development, according to a May 10 announcement by ...

The Economic Community of West African States (ECOWAS) parliamentarians met in Lomé from May 6 to 9, 2025. They adopted recommendations to lower air ticket prices across West Africa. They urged ...

Senegal has officially launched the second phase of the Project for Support and Promotion of Women's and Youth's Entrepreneurial Initiatives (PAVIE II) at the Grand Théâtre National in Dakar. The ...

Lucara Diamond increased the underground mine construction costs at its Karowe diamond project in Botswana by 25%. The company now estimates the cost at approximately $683 million. Lucara plans to ...