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Economy

Kigali Innovation City: Rwanda’s Bid to Rival Africa’s Leading Tech Hubs

Thirty years ago, Rwanda emerged from one of the darkest chapters in its history. Today, the country is determined to position itself as a major player in the knowledge economy...
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Gabon: Rising At-Risk Debt Puts Pressure on Banking Sector Health

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...
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DRC: $700 Million to Turn Lake Kivu Gas into Energy

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...
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DRC: 1.7 Billion CFA Francs Allocated to Rehabilitate the Mpiem–Kindamba Road

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...
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FlyGabon inaugure une nouvelle ère avec l’ATR 42-600 : cap sur une connectivité régionale inclusive

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...
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15 Years of Africapitalism in Action: Executing Heirs Holdings’ Bold Vision for Africa

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....
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Manufacturing Africa at AFSIC 2025: Unlocking Industrial Investment Across the Continent

London, October 14–15, 2025 — Africa’s industrial future will take center stage at AFSIC – Investing in Africa 2025, as the UK’s flagship development initiative, Manufacturing Africa, hosts a high-impact...
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Afreximbank and Dangote: Financing Africa’s Industrial Ambition

In a bold move to stabilize one of Africa’s most strategic industrial assets, Afreximbank has committed $1.35 billion to refinance the debt of the Dangote refinery, part of a $4...
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Africa Rising: A New Era of Strategic Growth and Global Influence

Africa is no longer the continent of tomorrow—it is the continent of now. With explosive demographic growth, accelerating urbanization, and bold leadership driving innovation across key sectors, Africa is reshaping...
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Burkina Faso Bets on Solar to Power Its Energy Independence

Once heavily reliant on electricity imports, Burkina Faso is now embracing solar energy as a strategic pillar of its development. By harnessing the sun, the country aims to reduce its...
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UBA Group Chairman Tony Elumelu Champions Private Sector-Led Development at 2025 African Caucus in Central African Republic

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...
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Turkey Deepens Its Strategic Footprint in Africa

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...
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Tesla Phone: Elon Musk’s Next Disruption Could Redefine the Smartphone Market

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...
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Xiaomi’s Silent Empire: How a Chinese Giant Is Redefining the Future of Global Tech

In just a decade, Xiaomi has evolved from a smartphone disruptor into a global tech conglomerate. As it takes aim at the electric vehicle market, humanoid robotics, and advanced chip...
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