Welcome to our African News Roundup! Stay informed with the latest updates from the continent. From major economic deals to political developments, we’ve got you covered. Here are today’s top headlines:
Angola, Zambia, and DR Congo Secure €1 Million Electrical Deal
Angola, Zambia, and the DR Congo have finalized a groundbreaking electrical interconnection project worth €1 million. Private investments will fund the construction of a 1,200-kilometer transmission line, boosting energy connectivity in the region.
Ghana’s Economy Achieves 4.7% Growth in Q1
Ghana’s economy shows resilience with a 4.7% growth in the first quarter of 2024. Despite global challenges, the country’s economic stability and decreasing inflation rates indicate positive growth prospects.
Nigeria Finalizes $1.5 Billion in Oil Transactions
Nigeria wraps up divestment deals totaling $1.5 billion in the oil sector, enhancing its energy industry with strategic partnerships and investments.
Morocco and the EU Collaborate on Greener Mining
Morocco teams up with the European Bank for Reconstruction and Development to promote sustainable mining practices, ensuring a greener future for the industry.
Malawi Initiates a $53 Million Agricultural Program
Malawi launches a $53 million agricultural development program in partnership with IFAD to enhance food security and boost small-scale farming resilience.
Stay tuned for more updates on Africa’s evolving landscape and dynamic opportunities!