Economy

In a pivotal meeting held on the sidelines of the Africa Forward summit in Nairobi, Senegalese President Bassirou Diomaye Faye engaged in constructive discussions with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), focusing on debt sustainability and critical economic reforms. The exchange highlighted the need for robust financial strategies to navigate the […]

Central African Trade Revival: N’Djamena Hosts High-Stakes Logistics Forum Trade and logistics stakeholders from Cameroon, Chad, and the Central African Republic converged in N’Djamena this month for the fifth tripartite forum focused on streamlining merchandise transit through Cameroonian ports. The two-day gathering brought together port authorities, transport professionals, and government officials to tackle persistent bottlenecks […]

Chad is reinvigorating its efforts concerning crucial regional transit corridors that link N’Djamena to Douala and Bangui. Chadian authorities have recommenced a significant logistics modernization program designed to optimize commercial exchanges among Cameroon, Chad, and the Central African Republic (CAR). These three nations share a profound reliance on the autonomous port of Douala. The implications […]

Senegal’s escalating public debt has, over the past year, emerged as a significant point of contention between the administration led by Prime Minister Ousmane Sonko and the Bretton Woods institutions. On Monday, May 11, a gathering of economists from across Africa and Asia commenced deliberations in Dakar, aiming to chart viable pathways out of the […]

This Monday, following the presentation of its annual performance review and a reiteration of its mandate, the National Mining and Commercialization Company (SONEMIC) received high praise from Chad’s Minister of Mines, Fatimé Haram Acyl. She expressed profound satisfaction with the strategic vision driving the company, particularly highlighting its commitment to fostering local innovations. Firstly, the […]

Senegal’s industrial sector continues to demonstrate its pivotal role in driving the nation’s economic expansion. The latest economic data reveals a remarkable 23.9% year-on-year surge in industrial production for September 2025, reinforcing the country’s robust macroeconomic trajectory. This growth has contributed to a 4.2% annual GDP increase over the past 12 months, positioning Senegal among […]

CMA CGM backs Ndayane port to boost Senegal’s logistics ambitions During a meeting in Nairobi on the sidelines of the Africa Forward forum, President Bassirou Diomaye Faye of Senegal engaged in discussions with Rodolphe Saadé, CEO of CMA CGM—a global leader in maritime transport and logistics. The focus? Strengthening Senegal’s logistics sector, particularly through the […]

The Ministry of Transport, Civil Aviation, and National Meteorology of Chad, in collaboration with port authorities, is hosting the fifth edition of the tripartite forum between the Central African Republic (CAR), Chad, and Cameroon. Focused on enhancing trade facilitation through Cameroonian ports, the event kicked off on Monday, May 11, 2026, in N’Djamena, under the […]

N’Djamena is on the brink of a major energy milestone as the Chad power sector gears up for the next phase of its 40 MW tri-fuel power plant initiative. A high-level delegation led by Yazid Djellouli, CEO of Sonelgaz International, recently visited the Chadian capital to finalize technical assessments and operational milestones in collaboration with […]

Across Senegal, from the vibrant corniche of Dakar to the historic Gorée Island, and stretching from the airport’s modern highway to numerous remote bush villages, a vast network of tens of thousands of solar-powered streetlights now brightens the landscape. This significant infrastructure project is largely spearheaded by two prominent French enterprises: Ragni, a family-owned business […]

The space economy is fast emerging as a cornerstone of Côte d’Ivoire’s development strategy, with the nation now setting its sights on becoming a continental hub for space technologies. Government officials view the mastery of satellite systems, geospatial data, and derived services as critical to enhancing national sovereignty and economic competitiveness amid shifting continental dynamics. […]

Abidjan is set to host the inaugural Africa Space Expo (ASPEX) from September 24 to 26, 2026, at its Exhibition Park. This landmark continental event will spotlight the burgeoning space economy and cutting-edge satellite technologies. Spearheaded by Tidiane Ouattara, a distinguished space sciences expert at the African Union Commission and the event’s Commissioner General, ASPEX […]