This initiative is one of the outcomes of the national economic reform program launched by Prime Minister Abiy Ahmed in 2018, with support from the International Monetary Fund (IMF). Ethio Telecom, ...

Mali plans to repay about $1.015 billion in domestic debt under its 2024 budget plan. The Malian government is set to raise nearly CFA200 billion ($331.3 million) by the end of 2024 to reduce domestic ...

Senegal serves as a key transit hub for migrants heading to Europe. In 2023, nearly 12,833 migrants reached Spain, with 9,319 identifying as Senegalese nationals, according to Senegal's Ministry of ...

Since July 2022, Benin has been receiving support from the IMF through a combined agreement under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF), along with funding from the ...

Creative and cultural industries have the potential to be a key driver of economic growth in Africa. According to UNCTAD, this sector generated $4 billion on the continent in 2022, showcasing its ...

Gide’s Casablanca, London and Brussels offices assisted the International Finance Corporation (IFC, part of the World Bank Group), FIPAR Holding (an investment firm owned by the Caisse de Dépôt et de ...

(IDH) - The implementation of the EU Deforestation Regulation (EUDR) has the potential to significantly impact cocoa production in West Africa. With the European Union demanding deforestation-free and ...

Gide advised Somdia, a subsidiary of the French group Castel, on the sale of its wheat flour production units in Cameroon and Congo to the Cameroonian group Cadyst, headed by Célestin Tawamba.

Last April, AMN, a telecom tower builder, began a similar project in Nigeria in partnership with Starlink. By September, the company had already connected 100 towers, boosting traffic on its network.

(Ecofin Agency) - The price of gold has increased by 30% since the start of the year, benefiting Burkina Faso, where gold constitutes 77% of exports, 16% of GDP, and 22% of government revenue, ...

Côte d'Ivoire's gold potential is estimated at 600 tonnes. The country is looking for new viable deposits to bolster its gold production, which hit 51 tonnes in 2023. During the Council of Ministers ...

Saudi Arabia is set to enter Zambia’s copper sector through a partnership with First Quantum Minerals. In 2023, Saudi Arabia established a company focused on mining investments, particularly in ...