(Ecofin Agency) - Telecom company Airtel Africa is in talks for a $200 million loan from the International Finance Corporation (IFC), the World Bank's arm focused on financing private sector ventures ...
Resolute Mining, an Australian company, operates the Syama gold mines in Mali and the Mako mines in Senegal, with a target gold production of 365,000 ounces (10.3 tonnes) from these African sites. The ...
Despite security challenges, Burkina Faso's economy demonstrates resilience with promising outlooks. For the 2024 fiscal year, customs aims to collect $1.8 billion. In Burkina Faso, customs collected ...
(Ecofin Agency) - In 2023, Côte d'Ivoire's most significant commercial gain was achieved collectively with Mali and Burkina Faso, despite being the 3rd and 6th individual clients. Official data shows ...
Contrary to widespread perception, Nigeria emerges as the primary beneficiary of Cote d'Ivoire's trade, based on data released by the Ivorian customs administration covering the period from 2019 to ...
Côte d'Ivoire's gold production has been steadily rising for a decade and is expected to reach 55 tonnes in 2024. This growth has attracted new investors seeking to tap into the country's gold ...
CMOC and Glencore, the world's top cobalt producers, are maintaining their output despite a 60% price drop from the last peak. The Democratic Republic of Congo (DRC), where the firms operate, is ...
The European Union (EU) has greenlit financial support of €15 million ($16.08 million) under the European Peace Facility to bolster the Ivorian armed forces. This plan, made public on April 29, aims ...
Niger, facing arrears due to ECOWAS sanctions, has stepped back into the regional financial market after a hiatus since August 2023. On April 26, the Sahelian nation mobilized a total of CFA457 ...
Sabodala-Massawa is Senegal's largest gold mine. Its owner plans to commission a new processing plant at the site. This year, the firm eyes an output of 11.33 t, up from 8.33 t last year. Endeavour ...
Tunisia has secured cumulative funding of $1.2 billion from the International Islamic Trade Finance Corporation (ITFC) to finance crude oil and refined petroleum product imports, the Ministry of ...
NuRAN aims to diversify its funding sources to strengthen and expand its network in Africa. In February, the company announced negotiations for a $15 million loan with a development financial ...