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Cabo Verde has inaugurated a major expansion of its pioneering Cabeolica Wind Farm and Battery Energy Storage System (BESS), a milestone strengthened by Africa Finance Corporation’s (AFC) €55 million bridge financing that fast-tracked delivery and reinforced the island nation’s clean-energy ambitions. The ceremony, led by Prime Minister Ulisses Correia e Silva, marks a decisive step in Cabo Verde’s transition toward stable, renewable, and climate-resilient power. The latest expansion...
Morocco has joined a powerful lineup of African nations including Uganda, Egypt, Nigeria, South Africa, Tanzania, Ethiopia and Zambia, in driving an impressive surge in global tourism growth this year, reinforcing Africa’s rising dominance as one of the world’s fastest-growing travel regions. New data shows a strong uptick in tourist arrivals and revenue across the continent, fueled by Africa’s unmatched cultural heritage, iconic landscapes, and rapidly expanding tourism...
The 2025 Africa Country Instability Risk Index (ACIRI), released by SBM Intelligence, has ranked the top 10 most stable countries in sub-Saharan Africa, offering a detailed assessment of political, economic, and security vulnerability across the continent. The index evaluates 48 countries using a weighted framework that measures Leadership and Governance (40%), Economy (30%), Geopolitics (15%), and Historical Risk (15%), producing a 100-point instability scale where lower scores indicate...
Too many entrepreneurs across the continent are fixated on short-term gains, chasing the next investment, sale, or viral trend. Experts warn that this mindset could be hindering the growth of sustainable businesses in Africa. “The problem with the world today is that too many of us are just worried about the next round,” said leading African business strategist. “In Africa, the real winners are those who think in...
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