Nigeria's overall inflation rate reached 34.8% in December 2024, up from 34.6% in November 2024. This marks the fourth consecutive increase since the rate was 32.15% in August 2024, the National ...

In this interview, Dahlia Khalifa, IFC Regional Director for Anglophone West Africa and Central Africa, highlights the institution's strong expansion across Africa. She emphasizes strategic priorities ...

Robex Resources has acquired its second gold mine in West Africa, the Kiniero mine in Guinea. The Canadian firm aims to start production at Kiniero by late 2025. Its first mine is the Nampala mine in ...

The idea of breaking free from the U.S. dollar is not new in Africa, but it has gained momentum in recent years. In a context marked by high volatility in local currencies, challenges in accessing ...

During the Industrial Revolution, mechanization played a key role in boosting agricultural production. Africa, however, did not fully benefit from this. Now, in the era of digitalization, the ...

Canadian company Asante Gold runs two gold mines in Ghana and aims for an annual production of 500,000 ounces by 2028. Asante plans to develop an underground operation at Bibiani, one of the two mines ...

So far, the negotiations with companies owning gold mines in the country have yielded $783 million (CFA500 billion) for Mali. Hummingbird is among the latest to have reached an agreement with Bamako.

Côte d’Ivoire became the first sub-Saharan African country to raise Eurobonds since 2022. Following this, Moody's upgraded its credit rating, thanks in part to its efforts to mobilize domestic revenue ...