economy
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in Short
Egypt: Trade with Africa reaches $9.2 billion in 2023
In 2023, Egypt’s trade with African Union countries totaled $9.2 billion, marking a 5.7% increase from 2022 according to Central…
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Benin to host the 2025 Francophonie Economic and Trade Mission (MECF)
Benin has been selected to host the 2025 Francophonie Economic and Trade Mission (MECF) in June 2025 in Cotonou. This…
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Tunisia: Joint investment agreement signed with Saudi Arabia
Saudi Minister of Investment, Khaled ben Abdelaziz Al-Faleh, announced, following his meeting with President Kais Saied on Saturday, November 16,…
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Niger : AfDB invests $875 million to strengthen resilience
The African Development Bank (AfDB) has announced an investment of nearly $875 million in Niger to improve basic services and…
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Niger: Growth projected at 8.8% in 2024
The IMF forecasts 8.8% growth for Niger in 2024, driven by oil exports, a favorable agricultural season, and the lifting…
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Nigeria: Trade balance rises to 6.5 trillion naira in Q2 2024
Nigeria’s Vice President, Kashim Shettima, announced at the 3rd National Non-Oil Export Conference that government trade programs have boosted the…
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South Africa: Unemployment rate drops to 32.1% in Q3 2024
South Africa’s unemployment rate fell to 32.1% in the third quarter of 2024, marking its first decline in a year…
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Tunisia: Launch of the platform for self-entrepreneurs
On November 11, during a press briefing at the Kasbah Palace, the Tunisian government officially launched the platform for self-entrepreneurs.…
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Mali: The state secures 35% in first Lithium mine
Mali takes a decisive step by securing a 35% stake in its first lithium mine in Goulamina, up from 20%…
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Gambia: A new member of the African Export Development Fund
The Gambia has joined the African Export Development Fund (FEDA), the investment arm of the African Export-Import Bank (Afreximbank), as…
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