Synthetic fibers like polyester now account for nearly 75% of global fiber production, sharply reducing cotton’s market share to about 20%. • African countries reliant on raw cotton exports face ...

Ghana officially launched the Responsible Cooperative Mining and Skills Development Programme (rCOMSDEP) to reform artisanal and small-scale mining and promote responsible practices. • The new program ...

Senegal launched “Source Sénégal PPP” on Aug. 5 to digitalize PPP contract procedures. • The platform aims to boost investment with support from Germany and the Sustainable Infrastructure Foundation.

Tekken unveils 'Miary Zo,' a Malagasy female fighter who practices Moraingy, a traditional martial art. • She is the second African character in the franchise since its launch in 1994, after Egyptian ...

Senegal to build 200,000-300,000 tons of cold storage in two years for horticulture. • Aims to cut 10-20% post-harvest losses and support rising production. • Talks underway with China’s Guangxi Chang ...

Nigeria wants to grow its pharmaceutical industry to $10 billion by 2030, a significant leap from the $2 billion it was valued at in 2023. However, despite substantial investments, the local industry ...

Ethiopian Airlines posted $7.6 billion in revenue for fiscal year 2024/2025. Growth slowed to 8%, down from 15% the previous year, due to global disruptions. The airline carried over 19 million ...

Ecobank is selling its Mozambique unit to FDH Bank as part of a strategic shift. • The sale will be fully funded by FDH Bank’s own capital, pending regulatory approvals. • Ecobank plans to maintain ...

South Africa launches support programs and export aid to counter new 30% U.S. tariffs starting August 8. 2. Tariffs risk 100,000 jobs, hitting automotive and agriculture amid a 32.9% unemployment rate ...

Aura Energy is seeking $230 million to fund its Tiris uranium project in Mauritania, expected to produce 2 million pounds of uranium annually starting in 2027. • The company has signed three sales ...

Senegal’s Prime Minister Ousmane Sonko launched a $10 billion economic recovery plan mostly funded from domestic resources, aiming to reduce the budget deficit without relying on the IMF. • The ...

Côte d’Ivoire opens $56.4M cocoa plant in Divo, adding 36,000-ton capacity. • Aims to process 100% of cocoa locally by 2030; 44% processed in 2024. • Processed exports earned $2.67B in 2023 vs. $3.5B ...