The International Monetary Fund (IMF) has approved a $4.5 billion Flexible Credit Line (FCL) for Morocco to strengthen its foreign exchange reserves and support economic reforms. - The IMF highlighted ...

The Global AI Summit on Africa began today, April 3, 2025, in Kigali, Rwanda. Over 1,000 participants from 95 countries and more than 100 AI companies are taking part in this two-day meeting, ...

Ivanhoe Mines, the Canadian mining powerhouse, revolutionized the Kamoa-Kakula project in the Democratic Republic of Congo (DRC), turning it into Africa’s largest copper mine. Now, the company is ...

The court's decision to release MTN Cameroon's seized assets is a crucial development that not only safeguards the company's operational stability but also reinforces the importance of equitable legal ...

Robex Resources secured a $130 million credit facility in March 2025 to fund the completion of its Kiniero gold mine in Guinea. The mine promises to produce 34 tonnes of gold over nine years. Robex ...

Aurum Resources confirmed the discovery of 1.59 million ounces of gold at its Boundiali project in Ivory Coast in January. The company plans to continue exploration until 2025 while preparing ...

Société Minière de Boké (SMB) will participate in the 29th Fastmarkets Bauxite and Alumina event in Miami from April 2-4, 2025. Fastmarkets organizes this leading international forum, which is ...

Burkina Faso and Turkey are discussing new projects to strengthen their partnership. Trade between the two countries fell to $102.4 million in 2024, down from $127.6 million in 2022. Burkina Faso is ...

Benin’s economy grew by 7.5% in 2024, up from 6.4% in 2023, according to the National Institute of Statistics and Demography (Instad). Growth was driven by strong performances in services, industry, ...

The mining code adopted in 2023 grants Mali up to a 35% stake in its mines, compared to a maximum of 20% under the previous framework. This reform is projected to generate $500 million annually in ...

Madagascar will benefit from vital treatment for severe and acute malnutrition. The AXIAN Foundation and UNICEF Madagascar launch and initiative to help 5,000 children aged between 6 and 59 months ...

Gabon and Chad contributed the most to the foreign exchange reserves of the Central African Economic and Monetary Community (CEMAC) in 2024. Data from the Bank of Central African States (BEAC) shows ...