All News

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Congo increases participation in copper and cobalt projects with China

The Democratic Republic of Congo intends to increase its stake in a cobalt and copper joint venture with Chinese companies from 32% to 70%, over concerns that the deal distributes too many resources from Congo with little benefit for the country.

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Africa's economic growth steady at 4.1%

African economies are expected to continue to withstand various global shocks, including the effects of the war in Ukraine, with average growth expected to stabilize at 4.1 percent in 2023 to 2024, according to the report on the African Economic Outlook 2023, launched by the African Development Bank (ADB).

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Big boost for Zimbabwe's debt resolution program

President Mnangagwa's scheduled appointments at the African Development Bank (AfDB) annual meetings in Sharm el-Sheik, Egypt this week should give momentum to Zimbabwe's ongoing arrears clearance and debt resolution program.

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Akufo-Addo hopes $19 billion Dangote refinery will make Africa stronger

The President of Ghana, Nana Addo Dankwa Akufo-Addo, called for support for the success of the Dangote Refinery and Petrochemical Complex, as it would make West Africa and Africa better, stronger and more prosperous.

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Barcelona will cooperate with Luanda-Bengo Economic Zone in logistics solutions

The Port of Barcelona, ​​one of the largest in the Mediterranean Sea and in Europe, has expressed its intention to cooperate with the Special Economic Zone (ZEE) Luanda-Bengo, in sustainable logistical solutions for Angola.

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Angola overtakes Nigeria as Africa's biggest oil producer

Angola has emerged as Africa's biggest producer of crude oil, surpassing Nigeria, as the latter's production level hit a new low.

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