(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 ...

(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 ...

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 ...

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 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 ...

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 ...

Kenya’s digital landscape is poised for continued expansion, with a focus on improving digital access across both urban and rural regions. Addressing infrastructure constraints and maintaining ...

To meet Africa's energy and climate goals by 2030, the IEA estimates that over $200 billion in yearly investments will be needed to address the continent's rising energy demands. The African Energy ...

South Africa’s official unemployment rate dropped by 1.4 percentage points, from 33.5% in Q2 to 32.1% in Q3 2024. According to the Quarterly Labor Force Survey (QLFS) from the national statistics ...

High-speed internet plays an important role in creating opportunities in education, healthcare, business, and government services. It is essential in driving sustainable economic growth and improving ...