News

Mali plans to increase its total cotton cultivation area to 672,000 hectares in the 2025/2026 season, marking a 7.8% or 50,000-hectare increase from the previous area. • Along with this expansion, the ...
Tanzania Railways Corporation inaugurated freight service on the Standard Gauge Railway (SGR) between Dar es Salaam and Dodoma. • The SGR is part of a $6 billion strategy to turn Tanzania into East ...
• Gabon signs two major financing agreements with Afreximbank totaling over $3.2 billion. • Projects target mining sector transformation, expanded energy capacity, and improved transport ...
Marcellin Paluku, Deputy Chief of Staff at the Ministry of Mines, highlighted that 80% of Congolese mines currently operate in partnership with Chinese firms—a concentration he considers a “risk” for ...
• Afreximbank to mobilize up to $1.5 billion for Chad’s private sector development. • Agreement supports key sectors, including agropastoral industries, export agriculture, and oil refining. • ...
Nigeria’s decision to slash the approval timeline for oil exploration and production contracts from three years to just six months has reignited investor enthusiasm for its oil sector. This bold ...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful historical kingdoms: the Kingdom of Axum.
Endeavour Mining produced 1.10 million ounces of gold in 2024, leading West Africa La Mancha, controlled by Egypt’s Sawiris family, holds the largest stake at 18.4% Endeavour operates five gold mines ...
Cashews made up 93% of 2023 export revenue. Guinea-Bissau has transported 208,833 tons of cashew nuts from production zones to the capital, Bissau, the country’s main port, as of mid-2025. This figure ...
Africa may reach fertilizer self-sufficiency by early 2028, according to Nigerian billionaire Aliko Dangote. Speaking on June 27 at the 32nd Annual Meetings of Afreximbank in Abuja, Dangote said ...
Aims to ease supply disruptions, boost rural access, and create local jobs. Gabon is advancing on the long-awaited Alembé-Mikouyi road development and paving project, a 300-kilometer stretch crossing ...
Foreign banks and international investors can now apply for banking licenses in Ethiopia, the National Bank of Ethiopia (NBE) announced on Wednesday, June 25. “The Ethiopian banking sector is now ...