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. • ...

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. • ...

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 ...

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 ...

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 ...

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 ...

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 ...

BEAC granted Afreximbank the first-ever foreign access to the CEMAC public securities market. Cameroon raised $359.3 million via a euro-to-CFA swap to issue local Treasury bonds. All bond tranches ...

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 ...

Gabon is targeting deepwater oil to offset declining output, now at 200,000 b/d Investor-friendly reforms and better data access are driving offshore interest Plans include a refinery upgrade and ...

The World Bank convened a series of meetings in Brazzaville, Congo, in May, bringing together key economic stakeholders, including finance ministers, from the Economic and Monetary Community of ...

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 ...