Kenya projects a budget deficit of 3.6% of GDP for the July 2027–June 2028 fiscal year as it continues fiscal consolidation. The government aims to reduce the budget deficit to around 3% of GDP by the ...

Airtel Africa confirmed the London Stock Exchange as the venue for its mobile money unit’s IPO on 23 July, alongside first-quarter revenue of $1.85bn, up 31% The unit’s profit margin fell 363 basis ...

Tanzania is testing investor appetite for its first hard-currency bond issue since 2013 as it seeks new funding sources for a larger national budget Strong economic growth, stable credit ratings and ...

Global coffee production is forecast to reach a record 189.6 million bags in 2026/27, driven mainly by a sharp increase in arabica output Consumption is also expected to hit a record 179.7 million ...

IEA members have released 290 million barrels from strategic reserves since March, with another 110 million barrels still available under the coordinated plan Alternative export routes and weaker ...

Nigeria has launched a program to train 2,000 teachers and school leaders in digital education. The initiative is backed by Japan and several international education partners. The program comes as the ...

Guinea has secured €300 million ($341.2 million) from Bank of Africa (BOA) to build 161 km of roads and a bridge in the country's north. The project will connect Labé, Tougué, Benty and Koubia while ...

Cape Verde's public debt declined to 100.7% of GDP in 2025, marking its lowest level since 2013, according to the World Bank. Strong fiscal performance and robust nominal GDP growth drove the decline, ...

Zambia's tax authority and commercial banks have agreed to deepen cooperation on information sharing and system integration to strengthen tax administration. The discussions come as Zambia rolls out ...

Morocco’s Sila Atlantik project aims to develop a 15 GW renewable energy corridor linking the country to Germany through a 4,800 km subsea cable. The $30 billion project faces delays over ...

Niger has launched the rehabilitation of the 115-km Tsernaoua–Tahoua section of National Road 29 (RN29) to strengthen regional connectivity. The project will improve transport, facilitate agricultural ...