Morocco’s economy grows 4.9% in 2025 driven by domestic demand
Morocco’s economic landscape in 2025 reflects a robust expansion, with gross domestic product (GDP) growth reaching 4.9%, up from 4.4% in the previous year. This upward trajectory stems primarily from a surge in domestic demand, unfolding within a framework of controlled inflation and rising consumer needs. The positive momentum underscores the resilience of the North […]
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Cameroon seeks $163 million for local government digital transformation
Cameroon is advancing its administrative modernization agenda with a major financial push. Authorities in Yaoundé are seeking $163 million—approximately 90 billion CFA francs at current exchange rates—to fund the digitalization of its decentralized local governments. The initiative aims to equip over 360 municipalities and 10 regions with digital tools designed to streamline public service delivery […]
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Cash shortages hit ivoire mobile money agents hard
The Côte d’Ivoire boasts over 400,000 mobile money service points—far surpassing the number of traditional ATMs. These hubs serve as daily financial lifelines for Ivoirians, enabling salary deposits, cash withdrawals, and seamless money transfers. Yet, agents managing these points face a recurring challenge: cash shortages that disrupt operations and frustrate users. A late afternoon in […]
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African union official praises Morocco’s economic strides under king’s leadership
The African Union (AU) Commissioner for Economic Development, Tourism, Trade, Industry and Mines, Francisca Tatchouop Belobe, commended Morocco’s remarkable progress during a visit to Rabat on Monday. Addressing reporters following her meeting with Moroccan Foreign Minister Nasser Bourita, Commissioner Belobe highlighted the Kingdom’s outstanding achievements in industrial sectors over recent years. She noted Morocco’s leading […]
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Gabon turns to science to boost food sovereignty
Economy Gabon turns to science to boost food sovereignty By Editor-in-Chief June 8, 2026 122 No comment Libreville, Monday, June 8, 2026 — A bold new economic strategy is taking shape in Gabon. The country is betting on scientific innovation to slash its heavy reliance on food imports and phase out foreign poultry imports by […]
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Gabon’s kobé-kobé mega-project: a bold leap beyond oil dependency
Gabon has launched one of its most ambitious infrastructure ventures in decades with the Kobé-Kobé deep-water port project, a cornerstone in the nation’s push to wean itself off oil dependence and embrace local value addition. Tied to the vast iron ore reserves of Belinga, a new railway line, and the upcoming Booué hydroelectric dam, this […]
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Morocco’s fintech revolution: AI and digital payments take center stage in Rabat
The third edition of the Visa Fintech Day unfolded this week at the iconic Tour Mohammed VI in Rabat, uniting Morocco’s leading financial minds to tackle the future of digital payments, financial inclusion, and innovation. Hosted by Visa in collaboration with the Morocco Fintech Center (MFC), the Digital Development Agency (ADD), and Technopark, the event […]
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Burkina Faso strengthens aquaculture sector to boost food security
Strategic roadmap unveiled to transform Burkina Faso’s aquaculture sector In Ouagadougou, stakeholders in Burkina Faso’s aquaculture industry have finalized and approved key strategic documents designed to provide long-term guidance for the sector’s growth. The approval covers a comprehensive sector assessment, an investment pathway, and an operational guide—all tailored to shape public policy and private investment […]
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BOA Niger’s surprising 40% surge at BRVM despite profit decline
Bank of Africa’s Niger branch (BOA Niger) is bucking market trends by soaring 40% at the West African regional exchange (BRVM) even after issuing a profit warning. While the banking group’s financial performance shows a sharp decline in net profit, the stock’s remarkable rally has left analysts puzzled over the driving forces behind this unexpected […]
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Sonamines tightens oversight on gold miners in Cameroon
Sonamines steps up scrutiny of gold operators in Cameroon Cameroon’s Sonamines is tightening its grip on the country’s gold mining sector. Following an inspection tour in the Adamaoua and East regions—key hubs for artisanal and semi-mechanized gold production—the company’s director general, Serge Hervé Boyogueno, delivered a blunt assessment. Many operators are failing to meet expected […]
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Morocco faces highest risk in North Africa from Hormuz oil shock
Critical vulnerabilities uncovered in Morocco’s economic structure A groundbreaking study by the Policy Center for the New South (PCNS) reveals that Morocco stands as the most exposed North African economy to potential oil supply disruptions stemming from escalating tensions in the Strait of Hormuz. The findings, published in the collective work Hormuz and the Invisible […]
Read MoreCôte d’Ivoire targets carbon-neutral economy by 2035
Côte d’Ivoire’s green ambitions on World Environment Day Abidjan — Côte d’Ivoire has reaffirmed its commitment to building a resilient, low-carbon and environmentally friendly economy during this year’s World Environment Day celebrations. The global theme, “Air — Take Action on Climate,” aligns with the country’s national focus on tackling air pollution and climate challenges. The […]
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