Graphic: Xsolla Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the expansion of MTN Mobile Money (MTN MoMo) as part of its payment solution in Congo-Brazzaville and Zambia. This expansion builds on Xsolla’s existing MTN Mobile Money coverage across Africa, reinforcing its mission to make…
The African Development Bank Group (AfDB) has raised a record $11 billion for the African Development Fund (ADF), which provides low-cost loans to low-income countries to support development projects. This is the largest amount in the Fund’s history, achieved despite cuts in global aid budgets and financial pressures worldwide. The funds, raised from 43 partners…
Nairobi — The United States has signaled a major expansion of its space diplomacy in Africa, convening the first-ever U.S.-Africa Technical and Regulatory Space Training Meeting as Washington seeks to position itself as a long-term partner in the continent’s rapidly growing space sector. The meeting, held under the auspices of the U.S. Department of State,…
Communications and digital technologies minister Solly Malatsi. (Photograph by Jesse Sterk) Communications minister Solly Malatsi gazettes the final policy direction on the role of equity equivalent investment programmes in the ICT sector. [Story] Communications minister Solly Malatsi has gazetted the final policy direction on the role of equity equivalent investment programmes (EEIPs) in the ICT…
Africa’s health sector is facing an unprecedented funding crisis, driven in part by a sharp decline in external health aid, which has fallen by 70% between 2021 and 2025. This shortfall is made worse by a rapidly expanding debt burden in African countries. In 2025, African countries are projected to spend about USD 81 billion…
Afreximbank has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing Africa’s Small and Medium Enterprises (SMEs) financing gap and building resilient value chains across the continent. Speaking at Afreximbank’s annual Factoring Workshop in Abidjan, Côte d’Ivoire, Mrs Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development (IAED) at Afreximbank…
Washington, DC — The AGOA Alliance, a coalition of U.S. and African business, policy, and trade leaders, today sent a letter to Congressional leadership urging a 2–5-year extension of the African Growth and Opportunity Act (AGOA). The letter, addressed to Senate Majority Leader John Thune, Senate Minority Leader Charles Schumer, Speaker Mike Johnson, and House…
Africa’s drylands are often imagined as vast, empty spaces. Romantic wilderness on the one hand. Zones of hunger, conflict and poverty on the other. Media stories tend to emphasise crises and scarcity, portraying these regions as peripheral and fragile. But this narrative obscures a more complex and hopeful reality. Across these landscapes, millions of pastoralists…
During times of conflict, access to healthcare is sometimes one of the first basic needs to go unmet. The consequences of humanitarian crises include severe disruptions to healthcare, such as acute shortages in the healthcare workforce and inadequate health infrastructure. The displacement caused by conflict can be further exacerbated by the fallout of the climate…
Exceptional women business leaders such as African engineer-turned-entrepreneur Norah Magero are demonstrating how lived experience and ingenuity, backed by United Nations support, can turn promising ideas into successful companies, even in societies where their voices have long been sidelined. As a young mother in a remote part of eastern Kenya, Norah Magero struggled to get…
