By Rédaction Africanews and Agencies Ivory Coast says it will buy the entire volume of cocoa stockpiled by the country’s cooperatives in order to ensure producers are paid. The news comes as cocoa fell to its lowest price in two years. The cocoa industry accounts for 14 percent of Ivory Coast’s GDP but slowing exports have left stocks piling up. Now the government is stepping in. “The chosen strategy is simple and effective,” Kobenan Kouassi Adjoumani, Ivory Coast Minister of Agriculture, said on Tuesday. “The government will primarily rely on credible, solid and structured national operators, who will conduct purchasing…
Author: Montage Africa
Nigeria’s finance minister says Africa’s largest oil producer wants to borrow less and grow more from within. Speaking in Davos, Wale Edun acknowledged that Abuja could return to international bond markets after its successful $2.35 billion sale in November, but stressed that this is no longer the priority. Instead, the government is pivoting toward mobilizing domestic revenue, boosting savings, and attracting fresh investment—including from the Middle East—to power growth. The stance aligns with President Bola Tinubu’s sweeping reforms since 2023, from ending fuel subsidies to liberalizing the currency. Those changes are already paying off, with the IMF lifting Nigeria’s 2026 growth…
By Rédaction Africanews with AFP United States special envoy Steve Witkoff said that he and President Donald Trump’s son-in-law, Jared Kushner, will meet with Russian President Vladimir Putin in Moscow on Thursday to discuss peace in Ukraine. Speaking to reporters on the sidelines of the World Economic Forum in the Swiss town of Davos, he said he would also be holding talks with Ukrainian officials. “I’m hopeful that all meetings will go well on that subject. We need a peace,” he said. Witkoff claimed the two sides were close to reaching the final “10 per cent” of a deal to…
The Business Communications Academy has introduced a distinctive PR offering designed to help African SMEs build brand visibility, earn market credibility, and achieve measurable business impact through strategic storytelling, media presence, thought leadership, and data-informed communications. Lagos, 15th January 2026 – Bloomwit, Africa’s best business communications academy, has launched public relations (PR) services tailored specifically for African small and medium-sized enterprises (SMEs). The move aims to address one of the most persistent challenges facing the sector: limited visibility in increasingly crowded and competitive markets. For many African SMEs, the path to growth is often hindered by a common challenge:…
By Rédaction Africanews with AP Uganda’s military chief has given opposition leader, Bobi Wine, 48 hours to surrender to police following last week’s disputed presidential election. Wine – who finished runner-up – has alleged widespread fraud during the vote that saw incumbent President Yoweri Museveni win a seventh term in office. The opposition leader is in hiding saying he fled a military raid on his home hours before the 81-year-old president was declared victor on Saturday. In a series of posts on X late on Monday, Military chief Muhoozi Kainerugaba threatened Wine with violence saying he will be treated like…
By Rédaction Africanews with AFP Sudan’s military is weighing up a new humanitarian truce and ceasefire proposal received from mediators the United States and Saudi Arabia. The army has been at war with the paramilitary Rapid Support Forces for close on three years which has left more than 150,000 dead and displaced at least 11 million people. A source says the Security and Defence Council – which groups military and allied government officials – is meeting on Wednesday to review the plan. Efforts to reach a ceasefire have intensified in the past year under US President Donald Trump’s administration. Discussions…
By Rédaction Africanews with AP Ethiopian forces killed around forty fighters from their own side in a drone strike in the insurgency-hit Amhara region on January 15, a nurse and a local official told AFP on Tuesday. Amhara, Ethiopia’s second most populous region with about 23 million people, has been gripped by an insurgency since April 2023, after the federal government moved to disarm local ethnic militias known as the Fano. The army regularly carries out drone strikes, but the January 15 attack in the Waghemira area hit a pro-government camp, the local official told AFP by phone, speaking on…
The Africa Centres for Disease Control and Prevention (Africa CDC) has signed a Memorandum of Understanding (MoU) with Informa Markets, a global leader in live and on-demand events and data services. The partnership will strengthen the planning, delivery, and sustainability of the Africa CDC International Conference on Public Health in Africa (CPHIA) and other flagship public health convenings at a time of heightened demand for coordinated health leadership across the continent. Africa CDC Director-General Dr Jean Kaseya and Informa Markets President for Middle East, India, Türkiye & Africa Mr Peter Hall signed the agreement, which combines Africa CDC’s scientific leadership…
A high-level meeting has been held in Addis Ababa between Mahmoud Ali Youssouf, the Chairperson of the African Union Commission (AUC), and Sheikh Shakhboot bin Nahyan Al Nahyan, the UAE Minister of State. The meeting built upon the first round of political consultations that took place in Abu Dhabi on September 13, 2025, under the framework of the 2019 Memorandum of Understanding. Both sides reaffirmed their mutual commitment to enhancing the partnership between the UAE and the African Union. During the meeting, they reviewed the progress made since the inaugural consultations, exchanged views on priority areas for cooperation, and reiterated…
Malawi’s energy regulator has hiked petrol and diesel prices by more than 40%, marking the second time fuel costs gone up in four months. In a statement on Tuesday, the Malawi Energy Regulatory Authority (Mera) said the fixed pricing system of the previous government was “unsustainable” and had led to “significant” losses. President Peter Mutharika, who returned to power last year, has been trying to revive Malawi’s ailing economy. However, local commentators said Tuesday’s fuel increase could harm the president’s efforts and worsen the cost-of-living crisis for many Malawians. “Fuel is not a luxury commodity. Any increase has a cascading…