Homepage - Ecofin Agency
L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Economic information from Africa - Ecofin Agency
Feb 19, 2019 · L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Cobalt: Chinese Firm CMOC Doubles Output in 2024 Despite …
10 hours ago · Due to oversupply, cobalt prices fell by 50% in the past two years. CMOC has significantly contributed to the excessive supply. The Chinese firm runs two major copper-cobalt mines in the Democratic Republic of Congo (DRC), Central Africa. CMOC produced 114,165 tonnes of cobalt in 2024, against 55,526 tonnes in...
Global Summits with Africa Fail to Align with the Continent’s ...
15 hours ago · The report recommends that African countries unite their voices to negotiate from a position of strength and hold preparatory meetings with their partners to identify projects of mutual interest in advance. A recent Ecofin Pro report found that regular summits between African countries and global powers, such as China (FOCAC),...
Africa's External Debt Service to Reach $89.4bn in 2024
Nov 19, 2024 · The report emphasizes that rising debt service costs are shrinking the budget space needed for essential investments in sustainable development goals. These include quality education, healthcare access, and efforts to combat climate change. In 2024, the cost of servicing Africa’s external debt is set to reach a record $89.4 billion,...
Côte d'Ivoire secures $162mln EU financing for 2025-2027
Dec 6, 2024 · With this grant, the EU reiterates its commitment to supporting Côte d'Ivoire's development, further strengthening their strategic partnership. Over the past decade, bilateral trade grew to €9.2 billion in 2023, according to EU data. The European Union (EU) has announced a new investment of €153 million ($161.87 million) in Côte...
Senegal Reopens Eurobond, Raises $300mln for 2024 Budget
Oct 31, 2024 · The operation, fully subscribed by the American bank JP Morgan, aims to meet the financing needs of the 2024 budget following the suspension of disbursements under an IMF assistance program. Senegal has raised $300 million on the international market by reopening an earlier Eurobond issued in June to help finance...
Rwanda Aims to Surpass $819mln in Digital FDI by 2035
2 days ago · Digital technology is now at the heart of many development challenges across Africa. Several ambitious projects aim to boost millions of people's economic and social growth. However, challenges remain depending on the country. Between 2013 and 2023, Rwanda attracted $819 million in foreign direct investments (FDI) in the digital sector,...
African Startups Raise Record $254mln in October 2024
Nov 6, 2024 · Even though venture capital investments have slowed in Africa, sectors like fintech and renewable energy continue to draw significant funding. However, the ecosystem remains largely male-dominated. In October 2024, African startups raised a total of $254 million, marking the best October since 2019. A total of 42 companies secured funding...
DRC Plans $1.5bn Investment in 2024 to Boost Self-Funding
Jul 18, 2024 · The Democratic Republic of Congo (DRC) aims to invest 4202.4 billion Congolese francs ($1.5 billion) from its own funds in 2024. This move is part of a broader effort to reduce reliance on foreign investments, particularly in key sectors such as education and healthcare. The government plans to contribute more...