News

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 ...
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 ...
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 ...
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 and Kosmos plan to drill 20 new wells under extended field licenses $2 billion investment aims to offset declining reserves and raise output Deal includes gas pricing reforms and targets 130 ...
Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand data infrastructure in Djibouti, Ethiopia, and Tanzania Project aims to improve connectivity and support East ...
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 ...
Government suspends small-scale mining to reduce accident risk during rains Artisanal mining produces 6 tons of gold yearly but is often unsafe Most output bypasses official channels, contributing no ...
• Factory to process up to 300,000 tons annually depending on supply • Project aims to diversify cassava use and develop industrial value chains Tanzania, the sixth-largest cassava producer in Africa, ...
TRC to begin freight operations on Dar es-Salaam–Morogoro SGR line in July Rail service aims to ease road traffic and improve regional logistics Tanzania positions itself as a key East African ...