Shell moves forward with onshore and ultra-deep offshore exploration in Africa Company signs deal in Libya and gains drilling approval off South Africa Operations continue in unstable legal and ...

Namib Minerals plans to revive the idle Mazowe and Redwing mines with a $300 million investment. CEO Ibrahima Tall says preparatory work could take 18 to 24 months after securing funding. The company ...

Rwanda tops 40 Sub-Saharan African countries in policy and institutional quality Benin, Côte d’Ivoire, Cape Verde, and Kenya follow with strong performance Infrastructure, public services, and ...

Ora Technologies secures its largest funding to date, led by Azur Innovation Fund Total capital raised reaches $11.9 million since its launch in January 2023 Funds will boost food delivery platform ...

In Africa, the private sector is widely seen as the main engine of industrialization and plays a central role in the long-term development strategies of governments. However, it remains dominated by ...

Kenya plans to import 1.05 million tonnes of palm oil in 2025/2026, near its highest ever level. Malaysia supplies 90% of Kenya’s palm oil, sharply overtaking Indonesia since 2019. Kenya acts as a ...

EBRD grants $100 million loan to Banque Misr to expand credit access for SMEs and women-led businesses. Loan supports Egypt’s green finance goals and sustainable development. Partnership furthers EBRD ...

Power Africa closed after 12 years, leaving a gap in Africa’s electrification push. Mission 300 aims to connect 300 million Africans to electricity by 2030 using diverse financing. Risk perception ...

IMF extends Niger’s Extended Credit Facility (ECF) program by one year through December 2026. • IMF approves a $41 million disbursement tied to governance and fiscal reforms. • Niger’s economy ...

Upskill Universe partners with Google and HP to train 10,000 SMEs in Nigeria and South Africa. The program targets digital marketing, e-commerce, and AI use to boost business agility. Women-led ...

MTN has announced the launch of the MTN Cloud Accelerator, a 12-week hybrid program designed to help African startups scale faster by leveraging MTN’s vast infrastructure, products, and networks. The ...

Côte d’Ivoire has pre-sold 850,000 tons of 2025/26 cocoa, nearing the 1.3M ton cap The cap aims to reduce delivery risks amid uncertain weather High cocoa prices prompt Barry Callebaut to forecast a 7 ...