Staff Writer

 More inclusive growth path, taxation and spending adapted to vulnerable populations could further accelerate efforts to reduce poverty and inequality, notes the latest edition of the Benin Economic Outlook report. The first part of the report, Raising Domestic Revenue Mobilization while Protecting the Poor, analyzes recent economic developments and presents the country's medium-term prospects. In 2024, Benin's economic growth reached 7.5%, its highest level since 1990, thanks to the strong performance […]

 Africa is repositioning itself in the global oil market – not merely as a supplier to international markets, but as a rising energy consumer and industrial growth hub. The newly released OPEC World Oil Outlook 2025 underscores a continent in transition, leveraging its natural resources to meet domestic demand, expand refining capacity and strengthen regional energy security. These shifts signal a maturing energy profile, one that will be at the […]

 International finance institutions are playing an increasingly pivotal role in Africa’s mining sector, providing essential capital and technical support to unlock the continent’s vast mineral potential. Last month, Angola became a sovereign shareholder in the Africa Finance Corporation (AFC) through a $184.8 million equity investment. This milestone builds on over $1 billion in AFC financing that Angola has already received, including for the Lobito Corridor – an integrated logistics project […]

 Titus de Greeff, Head of Corporate Finance for Western Hemisphere at Yinson Production, has confirmed his participation as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. His participation comes as Yinson Production scales up its low-carbon energy solutions and deepens its footprint across Africa’s offshore oil and gas sector through innovation, strategic investments and clean […]

 With first oil production on the horizon in Namibia, the country is on track for rapid growth across its oil, gas and broader energy sectors. This highlights a strategic opportunity for the country’s youth, and the upcoming Youth in Oil&Gas Summit – taking place July 25-26, 2025, in Walvis Bay – seeks to position young professionals at the forefront of Namibia’s energy development. Held under the theme Drilling into the […]

 Network International (Network) (https://www.Network.ae/), a leading enabler of digital commerce across the Middle East and Africa, has announced a collaboration with Blu Penguin, a Ghana-based fintech and mobile money aggregator, to provide mobile money transactions via Network’s N-Genius™ payment terminals. This collaboration marks a significant milestone in expanding financial inclusion and driving payment innovation across Ghana and the broader West African region. Through this collaboration, Network’s clients in Ghana can […]

 The G20 is a global economic forum with the potential to transform lives for women and girls globally. Here's why South Africa's leadership in 2025 represents a pivotal moment. We asked UN Women South Africa Multi-Country Office Programme Analyst Neo Mofokeng how South Africa's 2025 presidency could advance gender equality. What is the G20, and why should women care? The Group of Twenty (G20) is an international forum for governments […]

 Fifteen representatives of communities from across the Western region met with the Special Representative of the Secretary General to further discuss the security situation and share their opinions on the way forward to develop a political roadmap on Monday.  Participants, which included municipal leaders and notables, stressed that the transitional period needs to come to an end, and that any political process must move forward in an environment free from […]

 In a landmark show of political will and multisectoral collaboration, the Ethiopian House of Peoples’ Representatives (HPR), the Ministry of Health, and partners are spearheading one of Africa’s most promising health financing reforms. By embracing health taxes as a strategic tool, Ethiopia has started strengthening its national health system, curbing the rise of noncommunicable diseases (NCDs), and advancing its journey toward Universal Health Coverage (UHC). This momentous collaboration was showcased […]