TLDR The Central African Economic and Monetary Community (CEMAC) saw GDP grow by 3% in 2024, led by Cameroon and Chad But growth is expected to slow to 2.4% in 2025 due to declining oil prices and weaker global trade The World Bank warns that without reforms in governance, tax systems, education, and competitiveness, CEMAC…
Abuja, Nigeria — President Joseph Nyuma Boakai, Sr., today delivered a compelling address at the inaugural West Africa Economic Summit (WAES), reaffirming Liberia’s unwavering commitment to regional economic integration, sustainable development, and peace across the sub-region. Addressing the Summit’s High-Level Panel at the Bola Ahmed Tinubu International Conference Centre, President Boakai praised the leadership of…
While DStv’s traditional satellite business faced challenges last year, its streaming-only subscriptions have shown exceptional growth, with DStv Stream revenues increasing by 48% between the 2024 and 2025 financial years. Read: iPadOS 26 unleashes Mac-like productivity Originally launched as DStv Now in 2014, the service was initially exclusive to satellite subscribers. In 2020, MultiChoice introduced…
The British Deputy High Commissioner, Mr. Jonny Baxter, reaffirmed the UK’s commitment to supporting inclusive economic growth and sustainable development across the country. He made this statement at the second edition of W.O.M.A.N by Alitheia, a high-level forum for Women in Manufacturing, Agribusiness, and Nutrition and key stakeholders, hosted by Alitheia Capital, a pioneer in…
From Market Stalls to Media House: Rwanda’s Journey to Job Creation A sunny June day in a Kigali market, a young girl named Joy sets out a small basket of oranges along the road. She had left school due to financial hardship, and now her days are a juggling act–helping her mother with chores, walking…
Freetown — The World Bank today launched the Sierra Leone Country Economic Memorandum (CEM) and the Country Climate and Development Report (CCDR), two core analytical reports that provide essential insights into the country’s economic and climate challenges, offering strategic pathways for sustainable growth and resiliencee. “These reports provide a comprehensive roadmap for addressing the economic…
MultiChoice reports a significant 44% increase in Showmax subscribers just over a year after the video streaming service’s relaunch, despite its withdrawal from countries outside Africa. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: Physics turning lead into gold! Showmax 2.0, a joint venture between MultiChoice (70% share) and Comcast’s NBCUniversal (30%), rolled out in…
Telkom’s Lunga Siyo Telkom on Tuesday reported a nearly two-thirds leap in full-year earnings and resumed dividend payments for the first time in four years. It also declared a special dividend on the back of the sale of its mast and towers business Swiftnet. According to Lunga Siyo, CEO of Telkom’s consumer business, the turnaround…
Nairobi — A high-level regional forum on the future of livestock and camel rearing opened in Nairobi on Monday, with calls to unlock the untapped economic and nutritional potential of camels across Africa. The three-day event, co-organised by the Food and Agriculture Organization (FAO) and the African Union InterAfrican Bureau for Animal Resources (AU-IBAR), has…
