The Group is seeing shifting earnings mix toward the rest of Africa in the medium term, led by East Africa scale and a pan-African model. • Competition will intensify with Standard Bank, Moroccan ...

President Ruto projected 5.6% growth for 2025, higher than the Finance Ministry’s 5.3% and Central Bank’s 5.2% forecasts. • Kenya’s GDP slowed to 4.7% in 2024, down from 5.7% in 2023, due to weaker ...

Nigeria commissions a 40,000 m³ LPG tanker to expand regional gas exports. • WAGL’s fleet capacity rises to 162,000 m³, aiming for more frequent shipments across West Africa. • Regional infrastructure ...

President Biya authorizes CFA930 billion ($1.6 billion) in new borrowing. • Funds to finance 2025 projects and settle unpaid state bills (RAP). • Public debt reached CFA14,105 billion in June, up 1.8% ...

Kenya loses about $1.5 billion each year to corruption, according to the African Development Bank (AfDB). • President William Ruto approved the creation of a new Inter-Ministerial Anti-Corruption Task ...

Lindian approves Kangankunde rare earths mine investment in Malawi • Raises A$91.5M, secures $20M loan, Iluka signs offtake deal • Targets 15,300 t/y by 2026, expansion studies underway Lindian ...

Tokyo to commit $1.5 billion in impact investments at TICAD-9 in Yokohama. • Funds to target emissions reduction and sustainable development projects. • Backed by JICA and private finance, with focus ...

Algeria approves live sheep imports from Brazil • Move aims to offset drought-hit domestic production • Brazil seeks stronger agricultural trade with Algeria Algeria has authorized imports of live ...

Eskom opens bidding for 291 MW of solar power under long-term PPAs. • First renewable plants expected online by December 2027. • Coal still dominant at 82% of capacity, but shift toward 32 GW clean ...

Africa is accelerating its digital transformation thanks to the rapid growth of the internet. Governments are investing, startups are multiplying, and people are increasingly adopting online services.

President Tinubu approves 16.7 billion naira ($10.8 million) for Mokwa bridge. The bridge in Niger State collapsed after deadly floods in May. Floods killed over 200 people, displaced 3,000, and ...

Shell to drill 5 new exploration wells in Namibia’s PEL 39 block in 2026. • Campaign aims to better assess existing finds Graff, La Rona, and Jonker. • Technical challenges and high gas content ...