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...

It was a moment of pure musical enchantment that unfolded on August 13, when the Brazzaville Children’s Symphony Orchestra (Oseb) took to the stage of the Prefecture’s grand hall. Just days before the celebration of Independence Day, the young virtuosos captivated a packed audience, blending the precision of classical music with the soulful depth of...

In 2024, the volume of bank loans classified as at risk surged to CFAF 205 billion, according to the African Development Bank. This nearly 20% year-on-year increase pushed the ratio of non-performing loans to 10.2% of total outstanding credit—its highest level in several years. Libreville – The latest report from the African Development Bank (AfDB)...

A U.S. company is injecting $700 million into an ambitious project to harness methane gas from Lake Kivu. The goal: generate hundreds of megawatts of electricity, reduce environmental risks, and boost economic activity in Eastern DRC. The Democratic Republic of Congo’s energy sector is set to receive a significant boost. A U.S.-based company has announced...

On August 8, the Minister of Urban Sanitation, Local Development, and Road Maintenance, Juste Désiré Mondelé, officially launched the development and upgrading works on the Mpiem–Kindamba road, at a total cost of 1.7 billion CFA francs. The project aims to improve travel conditions along this vital 86-kilometer route that links the districts of Kindamba, Kimba,...

At just 18 years old, Victoria Mboko has taken the tennis world by storm. In a dazzling display of grit, talent, and heart, the Canadian teenager stunned fans and legends alike by winning the WTA 1000 in Montreal—defeating four Grand Slam champions along the way, including her idol Naomi Osaka. Her story isn’t just a...

From bustling city markets to remote rural outposts, canned foods are a lifeline across Africa—offering convenience, shelf stability, and affordability. But beneath their metallic sheen lies a growing concern: chemical migration from packaging into food. As global research sheds light on these invisible risks, Africa faces a critical moment to rethink how it regulates, consumes,...

Libreville, August 7, 2025 – On the occasion of the 8th African Day of Civil Registration and Vital Statistics (August 10), the International Organization of La Francophonie (OIF), through its Representation for Central Africa (REPAC-OIF), reaffirms its commitment to strengthening and modernizing civil registration systems in the Francophone space.Beyond being a social and legal necessity,...

Libreville, août 2025 – FlyGabon, la compagnie nationale gabonaise opérée par Afrijet Business Service, vient d’accueillir son tout premier ATR 42-600, un appareil de dernière génération qui marque une étape stratégique dans sa volonté de renforcer la connectivité régionale et nationale. Cette livraison concrétise une ambition affirmée : offrir un transport aérien plus accessible, plus...

Heirs Holdings celebrates 15 years of impact, catalyzing transformation across Africa through strategic investments in critical sectors. The group has a $10.2 billion portfolio spanning 24 countries across four continents. (Heirs Holdings) Founded in 2010 by Tony O. Elumelu, CFR, Heirs Holdings embodies Elumelu’s core philosophy of Africapitalism: combining profit with impact, transforming lives, and...

Under the distinguished patronage of His Excellency Professor Faustin-Archange Touadéra, President of the Central African Republic, Mr. Tony O. Elumelu, Group Chairman of United Bank for Africa (UBA) and Founder of the Tony Elumelu Foundation, delivered the keynote address at the African Caucus of Governors of the World Bank and IMF, held in Bangui on Thursday,...

With $10 billion in exports to Africa during the first half of 2025, Turkey is rapidly expanding its influence on the continent—leveraging trade, diplomacy, security cooperation, and cultural engagement. Since launching its “Opening to Africa” policy in 2003, Turkey has steadily built its presence across the continent, becoming a key economic and political player. The results...

After revolutionizing the auto industry, space exploration, and energy storage, Elon Musk may now be setting his sights on a new frontier: mobile technology. While not officially confirmed, the so-called “Tesla Phone” is already sending ripples through the tech world. With deep integration across the Tesla, Starlink, and potentially Neuralink ecosystems, the device could upend...

The Democratic Republic of Congo has announced a sweeping modernization plan for N’djili International Airport in Kinshasa, positioning it as a future regional hub. With a brand-new 50,000-square-meter terminal capable of handling 5 million passengers annually—up from just 800,000—the $570 million project marks a bold move toward enhancing the country’s aviation infrastructure, attracting foreign investment,...

A Malian court has rejected an appeal by Canadian mining giant Barrick Gold to release four of its local employees detained since November 2024. The decision, delivered Tuesday by Judge Samba Sarr, represents a serious escalation in the long-running conflict between Barrick and the Malian government over taxation and ownership rights related to the country’s...

Africa is no longer just catching up in financial innovation—it’s setting the pace. In the latest Global Top 300 Fintech Ranking, ten African startups have earned their place among the world’s most promising financial disruptors. From Lagos to Dakar, these companies are transforming financial services with mobile-first, inclusive, and scalable solutions. Here’s a closer look at the African...