(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 ...

West Africa is the leading region for powdered milk imports in Africa. While demand for dairy products is growing in the area, developing local dairy industries remains a significant challenge. In ...

The World Bank warns that without new climate adaptation measures, Senegal could experience annual GDP losses of up to 9.4% by 2050 due to climate-related disasters. Senegal could see a 2% boost in ...

Nigeria is facing economic challenges driven by inflation and the devaluation of its currency, the naira. Economic growth has struggled to keep up with a fast-growing population, which has deepened ...

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 ...

With over 90% of businesses in Africa’s food sector being micro, small, or medium enterprises (MSMEs), the report highlights the need to promote economies of scale and shared production tools. This ...

(Ecofin Agency) - Reliable energy is essential for connectivity and technology use, as digital infrastructure heavily depends on a stable power supply. Therefore, countries must invest in dependable ...

(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 ...

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 ...

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 ...

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 ...

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 ...