Ashenda is a vibrant traditional festival celebrated primarily in northern Ethiopia, particularly among the Tigray and Amhara communities, as well as in parts of Eritrea. This unique celebration takes ...

Côte d’Ivoire Terminal added 2 electric STS and 9 RTG cranes to boost capacity at Abidjan’s second container terminal The upgrade supports rising container traffic, which doubled to 1.6M TEUs in 2024, ...

Eskom targets 32 GW renewable capacity by 2040, cutting coal to 18 GW Plans include new clean energy projects and a dedicated subsidiary $22B debt and rising off-grid solar raise funding and demand ...

Samurai bond, first for sub-Saharan Africa • The 10-year, 2.3% ESG-labeled bond was backed by JBIC and drew strong demand • Part of broader 2025 strategy, including $1.75B eurobond and CFA 220B local ...

Senegal began GDP rebasing on July 15 after a credit downgrade and IMF program suspension Authorities aim to reflect real growth and ease debt ratio concerns Markets rebounded, but S&P warns of $10B ...

After years of stagnation or even decline, platinum prices are up more than 40% this year, making it the best-performing precious metal by mid-2025. As the global market heads toward a third ...

The Board of Directors of the African Development Bank Group has approved €173.84 million for the Rwanda Energy Sector Result-Based Financing (RBF II) program to modernize the electricity network, ...

Mauritania signed a $30.5 million loan deal with the Islamic Development Bank to reform vocational training. • The project targets youth employability by aligning skills training with labor market ...

Two NGOs sued the US Export-Import Bank, claiming it approved a $4.7B loan to Mozambique LNG in violation of legal procedures. • The loan is critical to restarting the TotalEnergies-led project, ...

Montage Gold secures key stakes in several West African gold projects, positioning itself as a leading contender ahead of its flagship mine’s launch in 2027. • The company’s network of equity deals ...

Oil production has held steady. Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and OPEC confirm oil output averaged between 1.1 and 1.6 Gas flaring in Nigeria has surged to a ...

Zambia launches the Growth Investment Partners Zambia (GIP) initiative to raise over $300 million for SMEs. • The program aims to support 150 SMEs over the next 15 years, with $70 million already ...