Economy

Kenya extends oil supply deal with Gulf firms to stabilize its currency, reduce pump prices, and secure 180-day credit terms for oil imports.

Egypt’s court upholds a 1-year sentence against former presidential candidate Ahmed Tantawy, barring him from office for 5 years.

Botswana’s diamond industry supports social impact by driving job creation, funding education, and boosting healthcare for local communities

Cocoa farmers in Ivory Coast fear reduced harvests as heat and drought impact crop growth, raising concerns for the February and March harvests.

Political instability in Africa disrupts trade, investment, and key sectors like agriculture, mining, and tourism, slowing growth and hurting livelihoods

AMEA Power’s 500MW Abydos Solar Plant advances Egypt’s clean energy transition, powering 300,000 homes and reducing emissions significantly.

Cyclone Chido devastates Mayotte, leaving hundreds feared dead, homes destroyed, and survivors grappling with food, water, and shelter challenges.

Ghana will not quit the IMF deal but seeks critical changes, says the president-elect, aiming for a more growth-friendly financial agreement

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.