Since September 2023, Burkina Faso has been implementing an economic reform program under the supervision of the IMF to make its economy stronger and more resilient. Following a review of the program, ...

(Ecofin Agency) - Africa is facing a growing demand for digital infrastructure, fueled by rapid expansion in digital services and interconnectivity needs. Access to robust data center infrastructure ...

Microfinance has become essential for giving unbanked people access to financial services. However, the rise in unpaid loans is threatening the stability of many institutions, especially in fragile ...

(Ecofin Agency) - Nigeria is facing the aftermath of devastating floods this year. FAO reported that these floods have destroyed infrastructure, caused mass displacement, and led to agricultural ...

Last February, experts from the United Nations Economic Commission for Africa advised African countries to look into new green financing methods to support a green transition and help lessen the ...

South Africa’s official unemployment rate dropped by 1.4 percentage points, from 33.5% in Q2 to 32.1% in Q3 2024. According to the Quarterly Labor Force Survey (QLFS) from the national statistics ...

The establishment of Internet Exchange Points across African countries is a significant milestone for the continent’s digital landscape. It will help address the region’s growing connectivity demands ...

Internet Exchange Points (IXPs) play a crucial role by keeping internet traffic local, reducing latency, speeding up access, and lowering user costs. Previously, much of Africa's internet traffic ...

Under pressure to meet African governments' funding needs, banks are increasingly turning to public debt. This trend, known as the 'crowding-out effect,' limits credit access for the private sector ...

(Ecofin Agency) - The push for digital connectivity in Africa is crucial for socio-economic development and for bridging the digital divide. The continent has faced historical challenges in developing ...

The Emerging Africa & Asia Infrastructure Fund (EAAIF) and the Dutch entrepreneurial development bank (FMO) acting as Co-Mandated Lead Arrangers, alongside Deutsche Investitions- und ...

High-speed internet plays an important role in creating opportunities in education, healthcare, business, and government services. It is essential in driving sustainable economic growth and improving ...