(Ecofin Agency) - Nigeria is facing the aftermath of devastating floods this year. FAO reported that these floods have destroyed infrastructure, caused mass displacement, and led to agricultural ...

Last February, experts from the United Nations Economic Commission for Africa advised African countries to look into new green financing methods to support a green transition and help lessen the ...

(Ecofin Agency) - Reliable energy is essential for connectivity and technology use, as digital infrastructure heavily depends on a stable power supply. Therefore, countries must invest in dependable ...

(Ecofin Agency) - The push for digital connectivity in Africa is crucial for socio-economic development and for bridging the digital divide. The continent has faced historical challenges in developing ...

West Africa is the leading region for powdered milk imports in Africa. While demand for dairy products is growing in the area, developing local dairy industries remains a significant challenge. In ...

The funds will primarily go toward settling loans provided by Ethiopia’s largest bank to several state-owned companies, including Ethiopia Electric Power, Ethiopian Sugar Corp, and Ethiopia Railway ...

The World Bank warns that without new climate adaptation measures, Senegal could experience annual GDP losses of up to 9.4% by 2050 due to climate-related disasters. Senegal could see a 2% boost in ...

Private equity struggles persist as investors focus on smaller deals and debt financing, awaiting brighter prospects in Africa and beyond. Private equity in Africa has slowed down this year. According ...

Nigeria is facing economic challenges driven by inflation and the devaluation of its currency, the naira. Economic growth has struggled to keep up with a fast-growing population, which has deepened ...

Even though venture capital investments have slowed in Africa, sectors like fintech and renewable energy continue to draw significant funding. However, the ecosystem remains largely male-dominated. In ...

In Côte d'Ivoire, the middle class's taste for wine shows no signs of slowing down. In this West African nation, one of the continent's fastest-growing economies, demand for the beverage keeps rising ...

With over 90% of businesses in Africa’s food sector being micro, small, or medium enterprises (MSMEs), the report highlights the need to promote economies of scale and shared production tools. This ...