Even with its large population, the continent is still a small player in the insurance sector. It accounts for less than 1% of global premiums and has an average premium of just $46 per person. South ...

High airport taxes and fees make West Africa one of the priciest regions for air travel. Adding to existing hurdles in the sector, this challenge has now become a key focus for ECOWAS. The Economic ...

(Ecofin Agency) - With the ability to produce 4,000 tonnes of cobalt and 40,000 tonnes of nickel each year, the Ambatovy mine significantly contributes to Madagascar's mining income. Unfortunately, ...

As Africa increasingly embraces digitalization, Ethiopia shows promising prospects for its digital economy, which analysts expect to grow significantly, positively impacting its GDP. Ethiopia's ...

In 2021, Colonel Mamadi Doumbouya led a coup that brought him to power in Guinea. One of his main goals is the Simandou project, which has been stalled for decades but is set to begin production next ...

Despite challenges related to the economic climate, the International Bank for Trade and Industry of Côte d'Ivoire (BICICI) expects to maintain positive momentum for the rest of 2024. The ...

As relations between the ruling juntas in the Sahel States Alliance (AES) and Western powers continue to worsen, Russia is ramping up economic initiatives to strengthen its influence in the region.

The IMF's support is designed to make Sierra Leone's economy more resilient, lift living standards, and fight poverty through structural reforms and focused social programs. Sierra Leone will receive ...

The launch of 5G marks a strategic milestone in Ghana’s economic and social development. It bridges connectivity gaps, improves service delivery, and unlocks new opportunities across industries. Ghana ...

(Ecofin Agency) - The Ivorian government continues to implement its digital development strategy through 2025. With strategic investments, the country aims to strengthen its digital infrastructure and ...

(Ecofin Agency) - Saudi Arabia has established a company to invest in global mining operations. After acquiring a 10% stake in Brazil's Vale Group in 2023, Manara Minerals, a Saudi firm, now wants to ...