News

New mining code increases state’s free stake in projects from 10% to 15% WAF confirms higher state participation in Sanbrado, Toega, and Kiaka mines Burkina Faso may boost paid stake to 45% under new ...
Global energy investment is expected to reach a record $3.3 trillion in 2025 • Nearly two-thirds will go to low-carbon technologies like solar and batteries • Africa receives only 2% of clean energy ...
Tullow Oil and Kosmos Energy plan to invest $2 billion to drill up to 20 new wells in Ghana, under a new agreement with the Ghana National Petroleum Corporation (GNPC). The deal, disclosed on June 4 ...
Rektron and Afritel plan to buy 60% stake in state-owned telecom operator AT Deal aims to revive AT’s performance and expand network coverage Market share fell to 7.89% in 2024; operator faces $342M ...
IFC to acquire stake in KERA Health, an AI-based e-health platform in Senegal Funding to support digitized health services expansion across WAEMU region Project aims to lower patient costs and improve ...
AfDB raised $3 billion in a two-part bond issuance in U.S. dollars. The deal included the Bank’s first-ever 10-year global dollar bond. Strong market demand showed confidence in the Bank’s leadership ...
IMF disburses $58 million under Extended Credit Facility in • Funds support fiscal reforms, digitization, and public service spending • Growth projected to rise to 3% in 2025 if reforms are swiftly ...
South Africa earned $3.36 billion from agricultural exports in Q1 2025 • Revenue rose 10% year-on-year due to higher volumes and global prices • Key exports included grapes, corn, apples, and wine ...
During his official visit to Algeria, Rwandan President Paul Kagame and his Algerian counterpart, Abdelmadjid Tebboune, signed several cooperation agreements on Tuesday, June 3, 2025, marking a new ...
Presidents Embaló and Anwar sign cooperation deal in agriculture, trade, education • Move aims to strengthen diplomatic and economic partnership • Bilateral trade reached $1.9 million in 2024, per ITC ...
CFM and SODEN secure $3 million for 76 MW cocoa biomass plant in Divo • Project to produce 550 GWh/year, cut 300,000 tons of CO₂, and aid 36,000 farmers • Full financing expected by 2026, with plant ...