Economy

Rwanda officially bids to host a Formula One race, aiming to revive Africa’s presence in the global motorsport arena.

AfDB invests $30 million in AFC’s green shares to fund renewable energy projects, create jobs, and advance Africa’s green transition.

The IMF approved a $181.7M disbursement to Rwanda, supporting its economy as growth is projected at 8.3% for 2024

UAE denies UN claims of supplying arms to Sudan rebels via Chad airstrip, maintaining its aid flights only provide humanitarian support.

African festivals drive tourism, boost economic growth, create jobs, and support local businesses, while preserving African culture and heritage

Kephis defers controversial new levies on trade inspections until March 2025, following backlash from traders over cost concerns

Migration policies in Algeria and Morocco affect regional migration, labor markets, and human rights, with economic and social implications for the region.

Somali President Hassan Sheikh Mohamud travels to Turkey for a third round of talks with Ethiopia, aiming to ease growing regional tensions.

Kenya strengthens East African economic integration through strategic infrastructure, regional trade, and diplomatic leadership, driving sustainable growth and development

ADFD invests $50 Million in Côte d’Ivoire to address housing shortages, boost economic growth, and strengthen UAE-Ivorian ties.