Egypt will cut fuel subsidies to cost recovery level by December 2025 as part of its economic reform program, with the IMF approving $1.2 billion in financial support.

Egypt secures a $1.2 billion IMF fund release as part of its ongoing economic reform commitments.

Ghana’s government has scrapped several IMF-linked taxes to ease economic hardship, pledging new revenue measures.

Nigeria’s Economic and Financial Crimes Commission reported recovering nearly $500 million and securing over 4,000 convictions in the past year.

The AFC, which deploys $2.5 billion to $3 billion annually, is looking to increase fund allocation by backing projects that attract further investment

DR Congo seeks United States investment in minerals in exchange for regional stability assistance.

Zambia and Huawei launched a smart village initiative to enhance digital access and development in rural areas.

The Malian government and Barrick Gold are in the process of finalizing an agreement to end their dispute.

South Africa has denied Elon Musk’s claim that his Starlink satellite company is not allowed to operate in the country due to his race, stating that no application had been received from the company.

France lends Morocco 781 million euros to buy Alstom high-speed trains for rail network expansion.

Mali has suspended permits for foreign artisanal gold mining companies following a series of fatal accidents in the country.

ERG has declared force majeure on cobalt shipments from its Metalkol operation due to Congo’s export ban, impacting global supply and pushing cobalt prices higher.

Türkiye and Zambia have held discussions to strengthen bilateral agricultural cooperation, focusing on mechanization and technology transfer to modernize Zambia’s agricultural sector.

Seplat Energy plans to invest up to $320 million in new wells and infrastructure to boost oil output to 140,000 bpd following its acquisition of Exxon’s Nigerian assets.

Libya has announced its first oil exploration bidding round in 17 years to attract foreign investment and boost oil production.

Uganda has signed its first mining production sharing agreement to redevelop the dormant Kilembe copper and cobalt mine with local firms Sarrai Group and Nile Fibreboard Limited.

Ivory Coast farmers highlight the need for regular rainfall to support cocoa mid-crop this month.

On January 29, Egypt issued $2 billion in international bonds—the country’s first such sale in four years—helping to bolster its foreign reserves

Niger has partnered with Starlink to expand satellite broadband access, aiming to bridge its digital divide, especially in remote areas where traditional networks are unavailable.

Morocco’s state-owned rail operator ONCF has agreed to purchase 168 trains from France, Spain, and South Korea for $2.9 billion to expand its rail network ahead of the 2030 FIFA World Cup.

The agreement focuses on the exploration and development of oil and gas reserves

International Monetary Fund (IMF) has informed Guinea that a new financial support program is contingent upon the country recovering outstanding tax debts.

In a provisional report released Monday, the regulator accused Google of skewing search results in favor of global news outlets while downplaying local and community media

South Africa is experiencing widespread power cuts after multiple breakdowns at Eskom’s coal-fired power plants.