Kakula, DRC's largest copper mine, boosts production by 31% to 245,127 tonnes in H1 2025, despite a temporary halt in operations in May. • Despite the surge, the annual production is still projected ...

The IMF has approved an immediate disbursement of $367 million to Ghana, bringing the total financial support provided to the country since May 2023 to nearly $2.3 billion. • Despite growth, exceeding ...

Nigerian Clarion Shipping West Africa Limited debuts vessel aimed to service the cabotage market in the country, and potentially beyond. • The move aligns with broader efforts to support the African ...

PAPSS launches platform performing direct currency conversion and fostering economic integration across Africa. The continent loses about $5 billion yearly due to lack of currency. In a bid to address ...

The African Free Trade Area (AfCFTA) adjustment fund grants a $10 million loan to Telecel Global Services to boost digital connectivity and commercial integration in Africa. • This financing, in the ...

Chinese firm Dowstone Technology to invest $165 million in a new copper smelter in the DRC. China imported 36% of its copper from the DRC in 2024, up from 10% in 2020. The DRC government seeks to ...

Somali President Hassan Cheikh Mohamoud visited Egypt to boost cooperation in political, economic, security, and military sectors. Discussions focused on regional security challenges in the Horn of ...

Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...

Twiga Minerals contributed $558 million to Tanzania’s economy in H1 2025, 62% of its 2024 total. • The joint venture pays significant taxes and sources 90% of supplies locally, employing 95% ...

China approved soybean meal imports from Ethiopia on July 3, 2025. • Ethiopia exported 29,408 tonnes of soybeans to China in 2024, earning $18 million. • The deal strengthens Ethiopia’s agricultural ...

With an August deadline looming, tower operators face mounting pressure to resolve operational weaknesses or face penalties, including fines and potential license suspensions. Meanwhile, Nigerian ...

New school to train engineers in AI and digital transformation fields • Initiative aligned with “Digital Morocco 2030” strategy targeting 100,000 trained youths annually • Project aims to boost ...