News

WIA Gold secures binding commitments to raise A$30M • Funds support Kokoseb drilling, scoping, and permitting • Kokoseb holds 2.93M oz gold; DFS expected mid-2026 WIA Gold announced on Wednesday, ...
MTN Nigeria CEO Karl Toriola has been appointed Vice President, Francophone Africa for MTN Group, while continuing to serve as head of the company’s largest and most profitable subsidiary. The dual ...
Kenya has opened a US$390 million tender for tech firms to build high-speed internet for over 1,000 rural schools, clinics, and offices. Funded by the World Bank, the project ensures a transparent ...
President Ruto projected 5.6% growth for 2025, higher than the Finance Ministry’s 5.3% and Central Bank’s 5.2% forecasts. • Kenya’s GDP slowed to 4.7% in 2024, down from 5.7% in 2023, due to weaker ...
Nigeria commissions a 40,000 m³ LPG tanker to expand regional gas exports. • WAGL’s fleet capacity rises to 162,000 m³, aiming for more frequent shipments across West Africa. • Regional infrastructure ...
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 ...
Kenya loses about $1.5 billion each year to corruption, according to the African Development Bank (AfDB). • President William Ruto approved the creation of a new Inter-Ministerial Anti-Corruption Task ...
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 ...
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% ...
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 ...
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 ...
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 ...