News

Central African Republic closes investor roundtable with $9 bln in pledges. 18 MoUs signed across transport, energy, agriculture, digital and tourism. PND 2024–2028 seeks $12.8 bln for 58 projects to ...
Trade deficit down to $758.9 mln in Q2 2025 from $867.3 mln a year earlier. Exports dropped 35.6%, while imports declined 20.5% year-on-year. Rwanda’s total trade volume fell 23.6% to $1.7 bln in the ...
Government secures $1.1 bln to expand electricity under “Chad Connexion 2030.” Plan targets 866 MW of new capacity, including 520 MW of solar power. Only 6% of the population currently has access, ...
Orion Minerals signs non-binding funding deal with Glencore for Prieska project. Financing of $200–250 mln planned in two stages, tied to 10-year supply deal. Mine expected to produce 22,000 tons ...
EBRD, EU, GCF, and Canada plan €65 mln ($77 mln) green loan for Crédit du Maroc. Funds to support clean energy, water treatment, and sustainable SME projects. Package includes technical support, EU ...
Brice Morlot moves from CFO to head of operations, replacing Lin Espey. Thomas Young shifts from strategy to CFO as company targets 90,000 bpd by 2028. Africa portfolio key, with strong output in ...
Total borrowings on WAEMU market now exceed CFA2,700 bln this year. Move comes as debt revised to 118.8% of GDP and rating cut to B-. Senegal plans to raise CFA300 billion ($542 million) on the West ...
Uganda set to add more oil and gas storage capacity than Nigeria and Ghana by 2030. Projects linked to EACOP and Hoima refinery require major storage infrastructure. Storage seen as critical for ...
Qatar Investment Authority (QIA) will invest $500 million in Ivanhoe Mines. The investment gives QIA approximately a 4% stake in Ivanhoe. Ivanhoe will use the funds to advance its 'essential minerals' ...
DP World plans a $29 million cold storage facility in Egypt with a 25,000-pallet capacity. The 16,000 m² facility will store refrigerated and frozen goods, addressing growing food logistics needs.
Zimbabwe signed a $455 million, 15-year concession agreement with Jindal Africa to rehabilitate its 920 MW Hwange thermal power plant. The agreement aims to address a severe energy crisis caused by ...
Local firms deliver digital solutions for transport, health, and territorial admin. Systems include biometric licenses, hospital records, and local government data. Digital shift aims to boost ...