News

United Bank for Africa (UBA) plans to raise over 157 billion naira, approximately $102.5 million, through a rights issue. The Nigerian Stock Exchange (NGX) officially announced this in a market ...
France will return the skull of a Sakalava king, along with those of two of his warriors, to Madagascar in August 2025. This repatriation comes 128 years after their beheading in 1897. Madagascar's ...
The Democratic Republic of Congo is making a bold statement with its first World Music and Tourism Festival. Through this event, it aims to become a leading cultural force in Africa while ...
Highlights: • New 1% US tax on outbound remittances to take effect January 1, 2026 • Africa received $100 billion in remittances in 2023, outpacing aid and FDI • Informal channels may rise as senders ...
Highlights: • Kobold Metals signed an agreement in principle with the DRC government on July 17, 2025. • The deal includes the Manono lithium project, which has strategic value. • The agreement ...
Highlights: • Global cocoa processing down across all major regions in Q2 2025 • ECA: Europe’s grindings at lowest since 2020, Asia at lowest since 2017 • Cocoa prices fall to 8-month low; Barry ...
Highlights: • Egypt targets 42% renewable energy share by 2030. • POWERCHINA to build 130-km high-voltage line signed on June 25. • National grid expansion remains critical as renewables grow. Egypt ...
Highlights: • EXIM Bank issues letter of intent for $150M to support Botswana's NexMetals • US eyes battery-grade nickel sulphates and cobalt from Tanzania’s Kabanga project • Competition with China ...
Highlights: • Zimbabwe plans to restart the Darwendale project with $50 million in initial capital • Global platinum prices jumped 51% YoY, reaching $1,470/oz on July 17 • Tharisa targets 200,000 ...
South Africa’s Competition Tribunal reviews Canal+’s proposed acquisition of MultiChoice. • MultiChoice argues merger will strengthen its fight against Netflix and other international streamers. • The ...
Chad’s telecom sector struggles with unreliable electricity and fuel shortages, threatening network stability. • ARCEP recommends hybrid power systems combining diesel generators and solar panels to ...
Octavia Carbon captures CO₂ directly from the air using geothermal energy in Kenya’s Rift Valley. • The company plans to scale up from 10 tonnes to 1,000 tonnes of CO₂ captured annually by 2025. • ...