Algeria launches construction on Trans-Saharan Gas Pipeline
Algeria has launched the construction of a new 1,210-kilometer section of the Trans-Saharan Gas Pipeline, a joint project with Nigeria and Niger.
African electric vehicle firm Spiro raises $215 million
New funding helps Spiro expand its battery-swapping stations and electric vehicle fleet.
Moody’s lowers Mali outlook due to rising security concerns
Moody’s has revised Mali’s outlook from stable to negative due to increasing risks from a fragile political environment and a deteriorating security situation.
Oil prices drop sharply as US and Iran look toward diplomacy
Benchmark oil prices dropped by more than five percent as investors wagered on a diplomacy deal.
Zambia expects a historic maize harvest of nearly 5 million tons
Favorable weather drives Zambia toward a record maize crop that surpasses its total annual demand.
India, UAE sign defence and energy deals during Modi visit
The UAE framed Modi’s visit as part of a broader push to expand strategic cooperation with India
Nigeria central bank holds key lending rate at 26.50 percent
Most economists accurately predicted that Nigeria would hold its key interest rate on Wednesday.
Zambia allows producers to resume acid exports to Congo
Zambia eases curbs on sulphuric acid exports to Congo as domestic supply levels finally recover.
S&P warns external shocks could derail South African growth
Rising oil prices and borrowing costs put fresh pressure on the South African coalition government.
Macron announces €23 B investments for Africa growth push
France commits 14 billion euro funding for Africa economic development and strategic cooperation projects.
Republic of Congo seeks IMF talks
IMF technical mission will visit Republic of Congo to discuss new support package after completion of previous loan programme.
Italy and Libya agree to boost energy ties amid turmoil
Prime Minister Meloni and Dbeibah discuss oil and gas investments to secure Italian energy needs.
Stellantis expands African recycling with Morocco
Investment in Casablanca centre aims to meet rising demand for reused auto parts while supporting environmental sustainability goals in Morocco.
Nigeria sees less than half of required crude oil reach refineries
Pricing disputes between producers and refineries have caused a major shortfall in crude supply.
Egypt reveals new gas discovery in Nile Delta area
The petroleum ministry confirms a fresh gas find that boosts Egypt domestic supply capacity.
Gabon starts new investigation into past public debt issues
Gabon looks to stabilize its economy by auditing past debt and engaging with international banks.
Guinea bauxite output jumps 25% as China drives high demand
Government officials plan bauxite export curbs to protect smaller miners from falling prices.
IMF approves $266 million support package for Liberia
Liberia receives an immediate 26.49 million dollar IMF disbursement to tackle urgent fiscal needs.
Sudanese pound plunges to record lows amid war, market chaos
Pound crashes to record lows above 4,000 per dollar amid war, gold shocks and market disorder
US and EU agree on minerals cooperation to counter China
US and EU launch coordinated minerals strategy to secure supply chains and reduce reliance on dominant external sources.
Tinubu asks lawmakers to approve $516m highway plan
Nigerian president seeks parliament approval for 516 million dollar loan to build major national highway corridor linking northwest and southwest regions.
East Africa plans joint Tanga refinery to cut fuel imports
East African countries plan Tanga refinery to reduce fuel imports and strengthen regional energy security amid supply risks.
Ghana sets December 2026 deadline for mining transition
Ghana mining regulator enforces 2026 deadline for Newmont AngloGold and Zijin to adopt local contract mining rules.
Ghana cocoa farmers face delays despite strong mid crop yields
In Ghana, cocoa farmers say delayed payments are choking harvests, even as rain-fed mid-crop yields promise a rare seasonal boost. Farmers report waiting up to six months for payment, leaving them without funds to hire labour or transport beans. The cocoa sector supports roughly 800,000 families nationwide, making the delays a widespread threat to rural
