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NEWS

A new wind is blowing through UNESCO. Egyptologist and former Egyptian minister, Khaled El-Enany, was designated on Monday, October 6th, to take the helm of the United Nations Educational, Scientific and Cultural Organization. This historic choice, in more ways than one, ushers in a new era for the institution. A Landslide Victory for a Man...
On October 4, 2025, the excellence and economic future of the African continent will take center stage at Africa Day, a prestigious event hosted at Sciences Po in Paris. More than just a conference, this day is set to be a strategic crossroads for youth and decision-makers, bringing together an array of influential figures who...
The former French president was found guilty of “criminal conspiracy” in the financing of his 2007 campaign. However, the court acquitted him of corruption and issued a deferred committal warrant with the sentence. Paris – A judicial thunderclap and a historic decision. After a sprawling investigation that lasted more than a decade, the Paris Criminal...
New York – In a powerful address to the United Nations General Assembly, Democratic Republic of Congo President Félix Tshisekedi made a solemn and urgent appeal: the international recognition of the ongoing tragedy in the east of his country as a “genocide.” Championing the principle of “Genocost,” the Congolese president used the global stage to...
Paris, September 22, 2025 (Cemac-eco.finance) — After nearly two years of negotiations, Canal+ has finalized its acquisition of MultiChoice, Africa’s largest pay-TV and streaming operator. The €2.5 billion deal creates a combined group with around 40 million subscribers across nearly 70 countries, cementing Canal+ as the continent’s pay-TV leader and reshaping the competitive landscape for...
Kinshasa, September 21, 2025 (Cemac-eco.Finance) – The Democratic Republic of Congo has eased restrictions on foreign labor, raising ceilings for expatriate workers across key industries. The reform, signed on August 5 by outgoing Employment Minister Ephraim Akwakwa, aligns labor rules with market realities and investor needs. Under the new decree, agriculture, mining, construction, and manufacturing...
The 14th edition of the Big Data & AI Paris conference, scheduled for October 1-2, 2025, at Paris Expo Porte de Versailles, is shaping up to be a major event for the tech ecosystem. This year, the conference will emphasize providing concrete support for Small and Medium-sized Enterprises (SMEs) by launching a dedicated zone, and...
Africa’s Global Bank, United Bank for Africa (UBA) Plc is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, and investors and other private sector players at the forthcoming 2025 United Nations General Assembly (UNGA). This year’s gathering at the UNGA, which is the 80th Edition,...
Casablanca (14–15 September). The Central African Republic (CAR) closed its investment roundtable with a milestone announcement: $9 billion in financing pledges—nearly CFAF 5 trillion—to support the National Development Plan (NDP) 2024–2028. Beyond the headline figure, the meetings brought together technical partners, financiers, and global investors, signaling a renewed confidence in the government’s strategy and a fresh phase in CAR’s economic...
On September 9, 2025, Ethiopia entered a new era. After fourteen years of determination and $5 billion in investment, Addis Ababa officially inaugurated the Grand Ethiopian Renaissance Dam (GERD) in the Benishangul-Gumuz region. With a generating capacity of 5,150 MW, it is now the largest hydropower plant in Africa and one of the most significant in the world. A Continental...
By spending $17 billion on new mobile spectrum licenses, SpaceX is boosting Starlink’s capacity to connect ordinary smartphones directly to satellites. This breakthrough could reshape Africa’s access to the Internet and unlock new opportunities for digital-driven growth. A Bold Bet on Space Connectivity SpaceX has just completed one of the largest deals in satellite telecommunications...
The Appeal of Conscience Foundation announced today that His Eminence Timothy Cardinal Dolan, the Archbishop of New York, and Tony Elumelu Chairman of Heirs Holdings, The United Bank for Africa, and Founder of the Tony Elumelu Foundation, will be honored with the Appeal of Conscience Award at the foundation’s Annual Gala, taking place on September...
The Global Energy Alliance for People and Planet (GEAPP) announced on August 4, 2025, the appointment of Carol Koech as its new Vice President for Africa. This move signals a stronger focus on mobilizing investment and accelerating the continent’s transition toward clean and inclusive energy systems. GEAPP, launched in 2021 with the backing of leading philanthropic institutions...
Backed by tech billionaires Bill Gates and Jeff Bezos, KoBold Metals is accelerating its footprint in the Democratic Republic of Congo. With seven new lithium exploration permits granted in August 2025, the company is positioning the Manono deposit at the heart of the global battery race. The global rush for critical minerals is pushing Africa—and...
London, October 14–15, 2025 – Africa will take center stage at the upcoming AFSIC – Investing in Africa 2025, widely regarded as the leading global forum dedicated to driving investment into the continent. Over 1,300 top executives and investors will gather in London for two intensive days of deal-making, strategic networking, and knowledge-sharing. With institutional...
The Development Bank of Central African States (BDEAC) has approved a financing package of 7 billion CFA francs for Molsa Groupe S.A. to finalize the construction of a four-star hotel in Malabo, the capital of Equatorial Guinea. The agreement, signed on August 18, 2025, represents a significant milestone in the country’s drive to expand its...
Since taking office in 2020, Burundian President Évariste Ndayishimiye has charted a course of modernization anchored in a long-term vision: to make Burundi an emerging country by 2040 and a developed nation by 2060. His leadership blends economic reform, structural investment, and renewed diplomatic engagement, positioning the country on a new trajectory. From the outset...
On August 17, Brazzaville will come alive with the rhythm of a unique and meaningful event. The inaugural edition of the “10KM Brazza” is a ten-kilometer road race open to all, promising far more than a mere athletic challenge. It aims to bring together the city’s residents in a moment of fellowship, personal achievement, and...
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