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 ...

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) - 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 ...

(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 ...

(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 ...

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 ...

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 ...

In Senegal, fishing supplies nearly all of the country’s seafood products. Illegal catches off the Senegalese coast put extra pressure on fish stocks and make cooperation with strategic partners more ...

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 ...

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