East Africa Pushes to Cut Mobile Roaming Costs but Key Hurdles Remain
The East African Community (EAC) is stepping up efforts to make cross-border mobile roaming cheaper and more reliable, but regulators and operators say persistent gaps could undermine progress if not [...]
Ghana Suspends Flutterwave, Cellulant, Others for One Month
The Bank of Ghana (BoG) has suspended the remittance partnerships of 8 major financial technology and money transfer firms, including fintech giants Flutterwave, Cellulant, and the foreign exchange license of [...]Financing Africa’s Future Means Fixing Risk Misperception
Foreign aid may be shrinking, but with fair pricing, smarter investments, and the AfCFTA’s financing innovations, Africa can finance its own future, and do so on its own terms, writes Mercy [...]Yango Group Debuts Car Dealership Arm Yango Motors in Côte d’Ivoire
International tech company Yango Group has launched a new automotive business, Yango Motors, debuting the company in Côte d’Ivoire. “By offering cars that are adapted, reliable, and affordable, we aim [...]
Africa to Set its Economic Agenda at Unstoppable Africa 2025 Conference
NEW YORK, September 11, 2025: Africa is taking charge of its economic future as long-standing trade agreements deteriorate and global markets become more volatile. This is the driving force behind [...]
Pan-African Industrial Developer ARISE Integrated Raises US$ 700 mn from Saudi Arabian Firm
ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of integrated industrial zones, has completed a US$ 700 million capital raise. “ARISE has always believed in Africa’s promise [...]African Aviation Experts Endorse Model Deal to Unlock Open Skies
Aviation experts from 19 countries across five African regional blocs have endorsed a model bilateral air services agreement, a step officials say could accelerate the continent’s decades-long push to liberalize [...]Uganda Set to Host Africa's First AI Factory
Uganda is set to host Africa’s first Artificial Intelligence (AI) factory, inside the 600MW Karuma Hydropower Plant on the River Nile. “This is about empowering Africa to control its data [...]Afreximbank Launches New Company to Promote Large Scale Trade, Seeds it with US$ 1bn
The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC), with seed funding and a subsidiary named ATDC Minerals (ATMIN), to catalyse large scale trade in [...]Ethiopia Inagurates US$ 4.2bn Grand Renaissance Dam
Ethiopia has inaugurated the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric project, marking a watershed moment for Africa's second most populous nation as it seeks energy independence and a [...]The Success of Africa’s Energy Ambitions will Depend on a Skilled Workforce
Meeting Africa’s projected doubling of energy demand by 2030 will require over 610 GW of installed capacity, up from under 250 GW today. This growth hinges on an expanded workforce [...]
Aavishkaar Capital's US$250 mn Fund Backs Horizon Group Africa to Scale Operations
Aavishkaar Capital, a company of Aavishkaar Group, has announced its fourth investment in Africa in collaboration with KfW, the German state-owned investment and development bank, into spice processor Horizon Group [...]
