Morocco attracted MAD5.8 billion dirhams (around $580 million) in foreign direct investment (FDI) in the first quarter of 2024, marking a 56.2% increase compared to the same period in 2023. Figures ...

The report highlights that a significant number of African small and medium-sized enterprises (SMEs) are still lagging behind when it comes to digital adoption. The reasons for this are mainly the ...

In northern Guinea, the Simandou North project led by Australian company Arrow Minerals has been garnering attention in recent months. Despite being in the early exploration stage, the initial ...

(Ecofin Agency) - The West African Economic and Monetary Union (WAEMU), with its larger number of issuers and two dynamic bond markets, is the area driving these record-breaking statistics. From ...

In April 2024, as gold prices surged past $2,400 per ounce and forecasts hinted at further increases to $2,500 or even $2,700 by year-end, Panthera Resources made strategic moves in West Africa.

Algeria boasts significant phosphate, iron, and various other mineral resources. But the mining sector barely contributes 1% to the GDP. To increase this contribution, the government has initiated a ...

Orezone unveiled a $168 million project to double the production capacity of its Bomboré gold mine in Burkina Faso. The project was initially planned to be developed in one phase but will be in two ...

As the second-largest uranium producer in Africa, Niger is poised to capitalize on rising demand and uranium prices. The country relies on two flagship projects, Dasa and Madaouela, to bolster its ...

Internet adoption in Senegal is closely tied to mobile telephony, particularly regarding mobile internet. Between 2022 and 2023, the number of active SIM cards in Senegal rose from 20.5 million to 22.

Vivo Energy Côte d'Ivoire, a subsidiary of the Anglo-Dutch Shell group specializing in petroleum product distribution, has recently released provisional financial results for the first quarter of 2024 ...

President Bola Tinubu of Nigeria wasted no time in office, swiftly implementing a series of economic, political, and monetary reforms, including the removal of fuel subsidies. These measures are aimed ...

Ivory Coast produced 50 tonnes of gold in 2023, with plans to boost production through projects like the Koné mine owned by Montage Gold. The company aims to tap into the potential of this deposit, ...