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. • ...

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 ...

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.

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 ...

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 ...

The UN's third ocean conference will be held in Nice this June, co-hosted by France and Costa Rica, with discussions on overfishing, pollution, and blue economy financing. Atlantic African nations ...