News

IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema • Sector could grow to $20 bln annually and create 20 mln jobs with better funding and regulation • Nollywood and ...
IFAD initiates a program worth $358.26 million to bolster dairy sector in Kenya, Rwanda, Tanzania, and Uganda • The program, called DaIMA, aims to strengthen the resilience of dairy systems, with a ...
Two-year initiative targets women-led SMEs in Kenya, Tanzania and Uganda’s green sectors. • Program to deliver training, coaching and easier access to financing for four cohorts of entrepreneurs. • ...
BRICS plans a guarantee fund to reduce political and financial risks in developing countries. • The fund will be managed by the New Development Bank (NDB) and unveiled at the July 2025 Rio summit. • ...
Mailo solar plant begins feeding 25 MW into Zambia’s grid, part of a 110 MW project. • Zambia aims for 50% electricity access by 2030 with 1,000 MW of solar by end-2025. • AfDB report urges stronger ...
ENGIE installs 15 mini-grids with 1.4 MW capacity in three Nigerian states. • Project aims to cut diesel use and reduce CO₂ emissions by 33,000 tonnes. • Abu Dhabi’s Ignite Power plans to acquire ...
Pipeline resumes crude flows after May 24 leak halted supply. • Repairs highlight Libya’s urgent need to modernize 1960s-era pipelines. • NOC estimates $17 billion needed to boost production to 2 ...
Dangote Group to build urea and nitrogen fertilizer plant in Somali region. • Ethiopia aims to reduce fertilizer imports and boost local production. • Construction to take 40 months, with $3 billion ...
Sante Fe Minerals signs deal to acquire Eburnea gold project from Turaco Gold. • Transaction gives Sante Fe full or majority stakes in Satama and Bouaké North permits. • Ivory Coast’s stable business ...
Rebel violence cut Bisie tin mine’s Q2 output to 4,106 tonnes, 21% below target H1 production hit 8,376 tonnes, 47% of Alphamin’s 2025 goal Continued operations depend on improved regional security ...
MTN Nigeria launched a 100 million naira startup accelerator starting September The 12-week program offers funding, mentorship, and tech access It supports MTN’s broader push for digital skills and ...
Egypt opened Africa’s largest wind farm, raising Gulf of Suez capacity to 912.5 MW. Pro-investor policies have driven Egypt’s 340% renewable energy growth since 2015. Despite vast wind potential, most ...