News

Ghana plans to cut liquid fuel costs by half through a new natural gas plant. • The project could reduce untreated gas losses of $151 million annually and stabilize power costs. • An inter-ministerial ...
Côte d’Ivoire signed an MoU with Yaatra Ventures to build a second oil refinery in partnership with SIR.  The project is valued at over CFA3,000 billion ($5.1 billion) and aims to double national ...
Tanzania and China signed two aid agreements totaling $69.3 million on May 17, 2025. • $41.6 million is allocated to expand the Jakaya Kikwete Cardiac Institute into a regional center of excellence. • ...
Over 90% of Africa’s trade passes through ports, now increasingly targeted by cyberattacks. • In 2024, 174 port-related cyber incidents were recorded globally, with South Africa among the hardest hit.
Canyon Resources will raise $24.5 million via a share issue to Eagle Eye Asset Holdings. Funds will finance the initial construction of the Minim Martap bauxite project in Cameroon. The deposit is ...
Nigeria’s audit industry grew 65% in 2024, reaching 28.2 billion naira ($14.4 million). KPMG, EY, PwC, and Deloitte captured over 99% of audit fees from top listed firms. Regulatory reforms and audit ...
Burkina Faso receives €106 million ($119.4 million) under a 'Mourabaha' loan agreement with ITFC. • The facility supports the cotton sector, which accounts for over 4% of GDP and 14% of exports. • The ...
Kenya plans to deploy 100,000 km of fiber by 2032 to ensure nationwide broadband access. • The current phase covers 940 km under the Horn of Africa Growth and Development Project. • The network will ...
Burkina Faso and Senegal reaffirm commitment to deepen cooperation in security, trade, energy, and integration. Bilateral trade reached approximately $58 million in 2023, a figure deemed “low” by the ...
Lagos State begins construction of a large aquaculture center on a 35-hectare site. The center will produce 50 million fingerlings and 46,000 tons of fish and feed yearly. The project supports Nigeria ...
A 2.5 MW hybrid solar power plant has been inaugurated at the Nigerian Defense Academy in Kaduna, impacting more than 12,368 people. The project is part of the World Bank-funded Energizing Education ...
African businesses say AI skills are critical to their success. • All surveyed firms expect an AI talent gap in 2025, with many already affected. • Cybersecurity, AI development, and cloud computing ...