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Dangote Group generates over 1,500 MW, a third of Nigeria’s available power. • Dangote says Nigeria should generate 50,000-60,000 MW, citing systemic failures. • He urges local investment in energy, ...
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: • 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 ...
Ashenda is a vibrant traditional festival celebrated primarily in northern Ethiopia, particularly among the Tigray and Amhara communities, as well as in parts of Eritrea. This unique celebration takes ...
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 ...
Côte d'Ivoire’s Ministry of Finance announced on Thursday, July 17, 2025, the country successfully issued a 50 billion yen Samurai bond, approximately $336.2 million, marking its first entry into the ...
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: • 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 ...
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 ...
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 ...
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