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.

Kenya and US sign major health deal to boost universal care plans

Kenya and the US signed a landmark agreement committing $1.6 billion over five years to strengthen Kenya’s health system and advance universal health coverage.

Safaricom sale advances as Vodafone Kenya moves to buy extra 15 pct

Safaricom says Vodafone Kenya will acquire an additional 15% stake from the government for $1.6 billion as part of Kenya’s ongoing divestment plan.

EU boosts defense support for Congo, Chad

The EU approved €59.5 million in military aid to the Democratic Republic of the Congo, Chad, and Jordan to strengthen their defense capabilities and regional security.

Zambia secures $1.5 billion US grant to strengthen health system

Zambia will receive a $1.5 billion US grant over five years to strengthen HIV, TB, and maternal health programs and build sustainable healthcare systems.

Sudan-Chad trade surges as Adre border reopens

Sudan’s trade with Chad rebounded after the Adré border reopened, restoring market stability and easing shortages in West Darfur.

S&P Global upgrades South Africa credit rating

S&P Global upgraded South Africa’s foreign currency credit rating to BB, citing stronger growth, fiscal improvements, and Eskom performance.

South Sudan requests $2.5 billion in oil-backed loans from firms

South Sudan’s petroleum ministry requested $2.5 billion in oil-backed loans from international firms amid concerns about debt and corruption.

IMF assesses Senegal’s financing strategy amid reform discussions

The IMF is reviewing Senegal’s financing strategy and reforms after previous debt support was suspended amid misreporting and political disagreements.

Libya’s Zallaf exports first Chadar oil shipment from Sirte Basin

Libya’s Zallaf has shipped its first Chadar oil shipment after beginning production in January with high-quality Sidra crude.

Herzog begins first Zambia trip as Israel eyes deeper Africa links

Israeli President Isaac Herzog began his first visit to Zambia as part of a regional tour to boost Israel’s cooperation and diplomatic ties across Africa.

African Export-Import Bank approves $1.3B loan for Angola plant

A $1.3 billion Afreximbank loan will fund a joint venture fertiliser plant in Angola to reduce import dependence and produce 4,000 metric tons daily.

Sudanese in Saudi Arabia gain faster remittance option via new service

Bank of Khartoum launched a new service enabling Sudanese residents in Saudi Arabia to transfer money directly to Sudan through major Saudi banks.

African Rainbow Minerals shuts Beeshoek mine as demand falls

South Africa’s African Rainbow Minerals has shut down its Beeshoek iron ore mine after ArcelorMittal South Africa stopped buying, ending decades of cooperation.

Nigeria’s bonds slip as Trump warns of possible military action

Trump’s warning of potential military action in Nigeria spooked investors, causing sovereign bonds to decline.

Mali rejects Barrick’s push to fast-track mining arbitration case

Mali’s government has rejected Barrick Mining’s request to fast-track its arbitration case over a disputed mining code and stalled gold operations.

Gold dips to three-week low as US-China trade hopes fade

Gold fell to a three-week low as easing U.S.-China trade tensions and Wall Street gains shift focus ahead of the Federal Reserve meeting.

TotalEnergies lifts halt on Mozambique LNG project

TotalEnergies has lifted the suspension on Mozambique’s $20 billion LNG project, pending government approval, after jihadist attacks froze work in 2021.

Sudan’s central bank unveils new banknotes to stabilise pound

Sudan’s central bank plans new banknotes to stabilise the pound amid severe economic turmoil and rising prices.

Sudanese pound plunges amid gold trade ban

Sudan’s pound lost nearly two-fifths of its value after a UAE embargo disrupted gold exports crucial for the Burhan-controlled finances.

Sudan’s pound collapses as citizens turn to dollars: report

Sudan’s currency has collapsed, forcing citizens and businesses to rely on foreign money as the local pound loses its role in daily trade.

Morocco submits a 2026 budget prioritising health and education

Morocco’s 2026 budget totals 761.3 billion dirhams focusing on health, education, infrastructure, and reducing inequalities across regions.

Nigeria’s Dangote refinery adjusts crude flow to curb costs

Nigeria’s Dangote Refinery clarified that recent crude reductions were strategic responses to high global oil prices, not operational issues.

IMF predicts Sudan’s economy could recover if conflict ends soon

The IMF forecasts Sudan could grow 3.2 percent in 2025 if fighting ends, with inflation falling from 87.2 percent to 54.6 percent this year.

1 2 3 40
Scroll to Top