The Group is seeing shifting earnings mix toward the rest of Africa in the medium term, led by East Africa scale and a pan-African model. • Competition will intensify with Standard Bank, Moroccan ...

President Biya authorizes CFA930 billion ($1.6 billion) in new borrowing. • Funds to finance 2025 projects and settle unpaid state bills (RAP). • Public debt reached CFA14,105 billion in June, up 1.8% ...

Lindian approves Kangankunde rare earths mine investment in Malawi • Raises A$91.5M, secures $20M loan, Iluka signs offtake deal • Targets 15,300 t/y by 2026, expansion studies underway Lindian ...

Eskom opens bidding for 291 MW of solar power under long-term PPAs. • First renewable plants expected online by December 2027. • Coal still dominant at 82% of capacity, but shift toward 32 GW clean ...

Tokyo to commit $1.5 billion in impact investments at TICAD-9 in Yokohama. • Funds to target emissions reduction and sustainable development projects. • Backed by JICA and private finance, with focus ...

Africa is accelerating its digital transformation thanks to the rapid growth of the internet. Governments are investing, startups are multiplying, and people are increasingly adopting online services.

Algeria approves live sheep imports from Brazil • Move aims to offset drought-hit domestic production • Brazil seeks stronger agricultural trade with Algeria Algeria has authorized imports of live ...

President Tinubu approves 16.7 billion naira ($10.8 million) for Mokwa bridge. The bridge in Niger State collapsed after deadly floods in May. Floods killed over 200 people, displaced 3,000, and ...

Shell to drill 5 new exploration wells in Namibia’s PEL 39 block in 2026. • Campaign aims to better assess existing finds Graff, La Rona, and Jonker. • Technical challenges and high gas content ...

Egypt approves launch of first fully digital bank, Onebank • Aims to boost financial inclusion for unbanked population • Operations to start in 2026, pending final inspection The Central Bank of Egypt ...

President Paul Biya of Cameroon signed yesterday a decree authorizing Finance Minister Louis Paul Motazé to borrow CFA930 billion from both domestic and international capital markets. CFA350 billion ...

Uganda inaugurates its first large-scale gold mine, the $250 million Wagagai project. • Wagagai expects to produce 1.2 tonnes of gold annually, vastly surpassing Uganda’s 2023 total output. • The gold ...