Economy

How PawaPay is simplifying Africa’s mobile money economy for businesses Ismaël Kouassi, Côte d’Ivoire Country Director at PawaPay, describes the fintech as a technological bridge connecting enterprises, banks, and SMEs to Africa’s rapidly expanding mobile money ecosystem. The company’s platform consolidates payments, fund transfers, transaction tracking, and cash flow management into a single integration, eliminating […]

The industrial summit in Libreville has kicked off, bringing together key stakeholders to shape the nation’s economic future. Running until June 26 at the Chamber of Commerce, the event has drawn Gabonese officials, business leaders, and European investors to address critical priorities in industrialization and local value addition. The discussions center on how European firms […]

Economy GECAM president warns of grim economic conditions in Cameroun On June 23, 2026, the president of Cameroun’s Groupement des Entreprises du Cameroun (GECAM) delivered a stark assessment of the nation’s economic trajectory. His analysis highlights deepening challenges that threaten the country’s development goals. Armand Djaleu | 1 hour ago | 3 minutes read A […]

The Morocco has been selected as the host country for the upcoming Club Export 47 business mission, scheduled to take place from November 30 to December 3. Why Morocco for this economic mission? Morocco stands out as a strategic gateway to Africa, offering unparalleled access to a thriving market. Its robust economic ties with France, […]

Gabon sets sights on 7% growth target by 2030 The Gabonese economy has been stuck below 5% growth for a decade, but President Brice Clotaire Oligui Nguema is determined to break this cycle. In a bold move to shift away from the country’s long-standing reliance on resource extraction, he has unveiled a transformative economic roadmap […]

The Olympique de Marseille finds itself in a tough financial spot after failing to qualify for the lucrative Champions League for the fifth time. The loss of revenue from European football has forced the club to adopt a cost-cutting approach during this summer transfer window, with a potential fire sale looming if no better options […]

Shell’s return to Gabon signals a pivotal moment for the country’s oil industry. A decade after withdrawing from the West African nation, the Anglo-Dutch energy giant is set to re-enter Gabon’s sedimentary basin, a move aligned with Libreville’s efforts to halt the persistent decline in hydrocarbon output. The decision, unveiled amid sweeping reforms following a […]

The promise of Africa’s vast consumer market—over 1.4 billion potential buyers—remains largely untapped for Gabon, where exports to the continent barely reach 8.9% of total shipments. This stark figure, drawn from the latest economic outlook, underscores the urgent need for Libreville to diversify its trade partnerships beyond its traditional allies.

Economy Niger Benin-Niger border thaw: a thaw that could revive trade ties A joint expert committee’s findings spark cautious optimism over the resolution of a three-year border dispute between Benin and Niger, with economic stakes higher than ever. A joint committee of Beninese and Nigerien experts has delivered its verdict on reopening their shared border, […]

Dakar — Senegal’s President Bassirou Diomaye Faye is making a strategic push in Berlin to attract foreign investors and strengthen economic ties. His agenda includes high-level meetings with German leaders and participation in a key economic forum. On Monday, Faye took center stage at the German-Senegalese Economic Forum, where he outlined the nation’s growing appeal […]

Bénin rebases national accounts, GDP 2023 revised up by 25.2% The National Institute of Statistics and Demography (INStaD) has completed the rebasing of Bénin‘s national accounts, adopting 2023 as the new base year for economic measurements. This replaces the previous 2015 base, providing a more accurate reflection of the country’s economic landscape. The revised GDP […]