AU warns Fitch risks misleading investors over Afreximbank

The African Union’s governance body warned that Fitch Ratings risks misleading investors by continuing to assess Afreximbank after the lender cut ties over concerns about the agency’s analytical approach.

Gold storms past $5,000 as investors rush to safety worldwide

Gold surged above $5,000 an ounce to a record high as investors sought safety amid political uncertainty, dollar weakness, and expectations of further gains.

Libya lifts oil output to a 12 year high as new deals take shape

Libya’s prime minister said oil output hit a 12-year high in 2025 as the country launched new licensing rounds and prepared major oil and gas agreements with foreign companies.

Ghana secures Afreximbank loan deal with Paris Club approval

Ghana secured Paris Club approval for its $750 million Afreximbank loan, potentially exposing the bank to losses and credit rating risks.

Somaliland leader seeks recognition and investment at Davos talks

The president of Somaliland used the World Economic Forum in Davos to seek international recognition and promote investment opportunities, including the strategic port of Berbera.

Chinese lending to Africa falls sharply as Beijing shifts strategy

Chinese lending to Africa fell to $2.1 billion in 2024 as Beijing shifted away from large infrastructure projects toward smaller, commercially focused and yuan-denominated financing.

Botswana can’t raise diamond output due to stockpiles

Botswana’s economy faces constraints as high diamond stockpiles and low global prices limit mining output and government revenue.

New Nyala bank attracts hundreds seeking access to lost services

A newly opened bank branch in Nyala has drawn large crowds, marking the first return of formal banking services to South Darfur since the war forced commercial banks to close.

Senegal raises $254 M in auction as investors chase higher yields

Senegal raised 154 billion CFA francs in a regional debt auction as investors demanded higher yields, reflecting rising borrowing costs and pressure from the country’s heavy debt burden.

Mali’s gold output drops sharply after prolonged Barrick dispute

Mali’s industrial gold production fell nearly 23% in 2025 after a prolonged dispute with Barrick disrupted output despite gains from new and smaller mines.

Malawi signs US deal to fight AIDS/HIV

Malawi has signed a five-year health cooperation agreement with the United States to strengthen its health system and support the fight against HIV, malaria and tuberculosis.

DRC’s Gecamines moves to secure US copper sales

Congo’s state miner Gecamines will buy 100,000 tonnes of copper from the Tenke Fungurume mine this year for export to the United States with Mercuria’s support.

Egypt expects EU to release 4 billion euros in three tranches

Egypt expects the remaining 4 billion euros of EU funding to be disbursed in three tranches by 2027 after completing IMF reviews.

Zambia will launch a full IMF programme after current loan ends

Zambia will end its current IMF loan programme in January and launch a new full programme with the IMF.

Nigeria’s anti-graft agency pursues probe into former oil regulator

Nigeria’s anti-graft agency continues probing ex-oil regulator Farouk Ahmed despite Dangote withdrawing his complaint.

Ghana inflation at multi-year low

Ghana’s inflation slowed for the twelfth straight month in December, falling to 5.4% year on year, driven mainly by easing food prices as the economy continues to recover.

Kenyan court urged to block Diageo sale of EABL to Asahi Holdings

A Kenyan distributor has filed an urgent court case to block Diageo’s $2.3 billion sale of EABL to Asahi Holdings pending a competition dispute.

Morocco records historic tourism surge as arrivals near 20 million

Morocco recorded a historic tourism year in 2025, welcoming 19.8 million visitors and generating over 13 billion dollars in revenue, driven by improved connectivity and services.

Climate change threatens shea butter supply and women’s livelihoods

Climate change is disrupting shea butter production across the Sahel, cutting yields, threatening women’s livelihoods, and straining global supply chains.

Gold and silver set new records amid rising geopolitical uncertainty

Gold, silver, platinum and palladium surged to multi year or record highs as safe haven demand rose amid U.S. Venezuela tensions and market uncertainty.

Port Sudan and South Sudan agree to establish free trade zone

A new Port Sudan free zone deal aims to support oil exports, trade links, and cooperation between Burhan-controlled authorities and South Sudan amid instability.

AfDB secures $11 billion for low-income fund despite missing goal

AfDB raised more than in the previous cycle but missed its $25 billion target amid US funding issues.

US aims critical minerals in Congo-Rwanda peace

The US supports a Congo-Rwanda peace deal and plans investments in mining and rail projects to secure copper, cobalt, and other critical minerals.

Congo’s Gecamines joins Mercuria to market cobalt and critical minerals

Congo’s state miner Gecamines partners with Mercuria to control and market cobalt, copper, and other minerals while boosting transparency and global influence.

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