OPEC Fund plans up to $500 million in financing through 2029
The package targets energy, water and transport projects, according to the finance ministry.
The package targets energy, water and transport projects, according to the finance ministry.
The fund highlighted growth, debt management and reforms to the business climate.
The Gulf of Guinea is attracting oil companies in search of new deepwater discoveries. Liberia, which has long remained on the sidelines of major offshore finds, is now seeking to join this trend. TotalEnergies and its Canadian partner BluEnergies are moving forward with their offshore oil explorati...
The Ivorian SCHIBA Group has officially handed over construction equipment to support the implementation of major road infrastructure projects in Gabon during a symbolic ceremony held on Thursday, July 17, 2026. The ceremony was attended by Mr. Nidjabedjan Soro, Chairman and Chief Executive Officer...
According to the latest ranking published by the African Development Bank (AfDB), Senegal and Côte d’Ivoire are the most industrialized countries within the Economic Community of West African States (ECOWAS) and the only West African representatives among Africa’s top 10 industrialized nations. They...
Ghana, the world’s second-largest cocoa producer after Côte d’Ivoire, still exports a significant share of its cocoa production in raw form. However, as part of its industrialization strategy, Accra is increasingly focusing on local processing to capture more value from its cocoa sector. Ghana is se...
On June 20, 2026, the President of the Republic of Senegal officially launched several major projects, including a large-scale real estate development located in Sebikotane, west of the Dakar region. Located near the future Sebikotane TER railway station, in a rapidly growing economic area, this pro...
Under-16s in the United Kingdom will no longer be allowed to access several social media platforms following a major policy announcement by Prime Minister Keir Starmer. The UK joins countries such as Australia, Canada, Brazil and Indonesia that have introduced or are introducing age-based restrictio...
The speaker of Senegal's parliament, Ousmane Sonko, a powerful mentor-turned-rival to President Bassirou Diomaye Faye, won re-election Saturday as head of their party amid a political crisis sparked by their falling-out. Sonko, who was sacked as Faye's prime minister last month, easily won a leaders...
Mali remains in a state of uncertainty following the large-scale attacks carried out on April 25 by armed groups, notably the Front de libération de l’Azawad (FLA) and the Groupe de soutien à l’islam et aux musulmans (JNIM). The coordinated offensive, described as unprecedented in scope, has further...
If you thought DNA testing in Ghana was just a social media trend or a “fear women” joke, think again. A new report by the Blueprint DNA Organisation has revealed that four (4) in every ten (10) paternity tests conducted in Ghana in 2025, about 42.3%, ruled out the man as the biological father. Yes,...
The Board of Directors of the African Development Bank Group has approved additional financing of €45.4 million to Rwanda for construction of a climate resilient irrigation system drawing on the Muvumba multipurpose dam reservoir. Under the Muvumba Multipurpose Water Resources Development Progra...
Widely considered the frontrunner, Romuald Wadagni, Benin’s Minister of Finance, has been elected President of the Republic with 94.05% of the vote, according to provisional results released by the Independent National Electoral Commission (CENA). His opponent, Paul Hounkpè, conceded defeat as early...