(AfDB)-By Jemimah Njuki, Director, Gender, Women and Civil Society Department, and Ndey Oley Cole, Senior Program Officer, Gender, Women and Civil Society Department, African Development Bank Group.

African domestic debt issuance rose from $150 billion in 2010 to nearly $500 billion in 2024. Governments now raise over half of their financing on local markets instead of abroad. Rising local ...

Aya Gold & Silver plans to invest $446 million in its Boumadine gold-silver project. The mine could yield 2.3 million ounces of gold and 69.8 million ounces of silver over 11 years. A feasibility ...

Tandem Bank offset 2024 emissions through carbon credits from solar projects in Kenya and Uganda. Africa’s share of the voluntary carbon market tripled between 2020 and 2024. Credits are increasingly ...

NOC announces a new oil and gas discovery in northwest Libya’s Ghadames Basin. The Arabian Gulf Oil Company drilled the well, yielding 4,675 b/d and 2 million cubic feet of gas daily. The discovery ...

IMF staff concluded a review under the ECF and RST programs. The country will access $13.98 million following satisfactory performance. Growth is projected at 5.2% in 2025, with inflation near 2%.

Azura plans a $21.4 million investment in Dakhla to expand agroindustrial operations. The move follows the UN Security Council’s endorsement of Morocco’s autonomy plan for Western Sahara. The project ...

Kamoa-Kakula to receive 50 MW from Inga II dam starting November Full 178 MW rollout by 2027 as power grid upgrades progress Site to reach energy independence via hydro and solar by mid-2027 Ivanhoe ...

The three countries have rolled out the ECOWAS electronic transit management platform. SIGMAT enables real-time data exchange to streamline cross-border trade. The system supports ECOWAS goals for ...

Frigoglass plans to raise its annual production in Egypt to 100,000 beverage refrigerators. The expansion could give the company a 30% share of Egypt’s beverage cooling market. The move targets ...

Shell and Equinor signed a deal with Angola’s ANPG for 17 offshore blocks, marking Shell’s return after 20 years. The $1 billion project aims to boost output by up to 200,000 b/d by 2028 and ...

The AU and Global Fund signed an MoU to fight AIDS, tuberculosis, and malaria. The deal aims to strengthen health systems and boost local resource mobilization. It supports the AU’s 2030 goal to ...