News

Afreximbank announced $1.35B in financing for Nigeria’s Dangote refinery, part of a $4B syndicated deal. • The 650,000 bpd refinery has faced $3.65B in debt and a Fitch ratings withdrawal. • The ...
OCP will increase its TSP production to 7 million tonnes by end-2025. • The Moroccan group aims to add 9 million tonnes of total fertilizer capacity by 2028 through the SP2M program. • Morocco holds ...
Ghana’s oil revenues fell 56% to $370.6 million in the first half of 2025. • Crude oil production dropped 25.5%, from 3.77 million to 2.81 million barrels. • Oil prices declined from $84.08 to $75.69 ...
The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and ease fiscal pressure. • Targets long-term investors, cuts borrowing costs vs short-term, ...
Liberia and Sierra Leone began free roaming this week Côte d’Ivoire–Liberia agreement expected to follow Move aligns with ECOWAS goal for regional digital integration Free roaming between West African ...
Siguiri mine produced 165,000 ounces in H1 2025 Output rose 28% year-on-year; Q1 alone saw +67% Production surge driven by higher ore throughput and plant optimization The Siguiri mine in Guinea is ...
African airline traffic fell 0.3% year-on-year in June Conflict between Israel and Iran weighs on global travel Global passenger demand up 2.6% in June, less than capacity growth The armed conflict ...
President Touadéra invites UBA to open a branch to support local SMEs and startups • UBA would become the 5th CEMAC presence and the 21st in Africa if the plan moves ahead • The country’s banking ...
President John Mahama to meet African leaders on August 5 to reshape global health rules • Summit to launch new Africa-led initiatives focused on investment and local leadership • Meeting comes amid ...
The Global Energy Alliance for People and Planet (GEAPP) announced on August 4, 2025, the appointment of Carol Koech (Photo) as Vice President for Africa, effective August 1. Her mission is to drive ...
A $15.77 million program supports rural youth with training and startup aid • 65 young entrepreneurs will receive coaching and funding in four regions • The initiative addresses high job vulnerability ...
Trump's tariffs add to EU barriers, hindering African exports beyond commodities. • Asia/Middle East offer limited non-raw trade due to robust local production. • AfCFTA offers a unique opportunity to ...