Kenyan businesses pay about $0.26 per kilowatt-hour for electricity, among the highest rates in the region. Nearly 75% of surveyed companies faced power outages in 2025, while about 60% owned or ...

MNT-Halan is offering 20% of its Egyptian subsidiary, MNT Tech Holding, for 7.84 billion Egyptian pounds ($149.7 million), marking the largest Cairo Stock Exchange IPO since 2021. The IPO values MNT ...

The African Development Bank has activated a $10 million guarantee with Exim Bank Tanzania to cover up to 100% of eligible non-payment risks for confirming banks. The facility is expected to support ...

Rayssa Leal and Eliud Kipchoge join a Dakar 2026 ambassador network that already includes Khaby Lame, Omar Sy, Kalidou Koulibaly and Eva Neymar. The IOC is combining athletes, entertainment figures ...

Gold Fields agreed to acquire BHP's Kambalda Nickel Concentrator (KNC) project in Australia, subject to regulatory approvals, with completion targeted for 2027. The acquisition would give Gold Fields ...

Kenya plans factories for up to 50,000 electric four-wheelers and 100,000 electric two-wheelers and light mobility vehicles a year. The government expects about 2,000 direct jobs and more than 20,000 ...

Fortuna Mining’s Séguéla gold mine produced 33,744 ounces of gold in the third quarter of 2026, down from previous quarters due to operational disruptions. The mine remains on track to meet its 2026 ...

India’s Foreign Minister Subrahmanyam Jaishankar began a four-day African tour focused on trade, investment, digital cooperation and skills development. Ghana remains a key economic partner, with ...

Egypt and Tanzania plan to develop a multimodal logistics corridor linking Red Sea ports to Dar es Salaam and landlocked African markets. The project includes a multipurpose terminal at Dar es Salaam ...

Zimbabwe's foreign currency inflows increased 33.7% year-on-year to $15.9 billion in the first nine months of 2026, generating a cumulative surplus of $4.3 billion. The Reserve Bank of Zimbabwe raised ...

Cameroon plans to raise $300 million by reopening an existing international bond rather than issuing a new Eurobond. If fully subscribed, the tap will increase the bond’s outstanding amount from $850 ...

Gambia’s state utility NAWEC has added 21 MW of new generation capacity at the Brikama power plant as part of a broader 31.5 MW expansion plan. The country’s electricity access rate has reached nearly ...