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Economy

Ethiopia Unveils the Grand Renaissance Dam: A Defining Moment for Africa’s Economic Future

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...
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Shaping Africa’s Financial Future: Afreximbank’s Bold Global Ambition

Africa’s future depends on bold financial institutions. With solid ratings, robust assets, and global recognition, Afreximbank is positioning itself as the bridge between emerging potential and world-class credibility. In a...
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AFSIC 2025: London Hosts Africa’s Premier Investment Event

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...
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Verdant Capital: Microfinance as a Strategic Driver in Africa’s Evolving Economy

As Africa undergoes rapid economic transformation, Verdant Capital emerges as a key player in inclusive finance. With a footprint spanning over 25 African countries, the firm is leveraging microfinance and...
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DRC: Central Bank Injects $50 Million into Banking Market to Support Congolese Franc

In an effort to stabilize the Congolese franc, the Central Bank of Congo (BCC) has recently announced the sale of $50 million to the country’s commercial banks. This operation, executed...
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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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