Browsing: Senegal

Bassirou Diomaye Faye, a former tax collector, is Senegal’s president-elect. Faye has promised to embark on a fresh chapter in…

The African Development Bank has donated $20 million to Senegal to enhance food security and support small producers post-COVID through…

Africa continues to grapple with food insecurity exacerbated by climate change and inadequate access to financing for both startups and…

International Finance Corporation targets specific projects in Côte d’Ivoire, Egypt, Kenya, Morocco, Senegal, and South Africa. IFC’s $30 million (Sh4.8…

Africa will be the second fastest-growing regional economy in 2024. Over 10 African countries will experience substantial GDP growth. In October 2024, the International Monetary Fund emphasized Africa’s pivotal role in global economic development and resilience.

Africa could face economic headwinds this year. However, some of the continent’s brightest spots are lighting up the economic prospects. According to the International Monetary Fund, six of the top 10 performing nations globally are projected to come from Africa in 2024.

Mozambique’s Green Energy Transition Strategy (ETS) to drastically reduce its dependence on fossil fuels. As a nation with one of…

Agribusiness including the entire agriculture and livestock sector represents approximately 17 per cent of Senegal’s GDP. The agriculture sector is…

On the second day of the MSGBC Oil, Gas & Power 2023 conference, a thought-provoking panel discussion engaged regional and international energy leaders, delving into the pivotal role of natural gas in a changing energy arena. The panellists delved into evolving market dynamics stemming from the global energy transition, sustainability endeavours, and technological innovations within the sector.

The Bill and Melinda Gates Foundation has unveiled a $40 million funding plan to support multiple African companies for new messenger RNA vaccine development. This initiative addresses the challenge faced by millions of African people who were among the last to receive COVID-19 vaccinations.

The Gates Foundation asserts this initiative will leverage over 20 years of collaborating with vaccine makers in poor countries. Further, it will harness recent scientific breakthroughs to develop cost-effective, high-quality health tools with a global reach.

Population growth and economic development have necessitated speeding up and scaling up infrastructure development in Africa. Over 28 African nations have seen population growth of more than double in the last 30 years. The population of 26 other African countries will quadruple over the next 30 years. Consequently, funding for the continent’s infrastructure has become essential.