Vodacom now sources 100% of its purchased electricity from renewables. • Energy demand in Africa’s telecom sector is rising with mobile and data growth. • Renewable energy is seen as key to ...

KCB Group is in discussions with Ethiopia’s central bank following a 2024 law that allows foreign banks to operate locally. • The group may obtain a banking license or acquire shares in an Ethiopian ...

The AAE-2 subsea cable will enhance global internet resilience, unlock new digital growth opportunities across emerging markets, and support the next wave of technological innovation. By bridging gaps ...

Perseus plans to produce between 2.6 and 2.7 million ounces of gold from 2026 to 2030 About $878 million will be invested, including $523 million for the Nyanzaga mine in Tanzania Output includes ...

Africa Energy, now operator of South Africa's 11B/12B offshore block, is in talks with PetroSA to utilize its infrastructure. The aim is to develop the Brulpadda and Luiperd gas fields and reduce ...

Petronas to lay off 5,000 staff as part of a major restructuring for future competitiveness African operations not directly addressed, but changes could affect partnerships and timelines Company ...

Benin launches $1.4 billion five-year tourism development plan • Target: 2 million annual visitors and 13.4% GDP share from tourism by 2030 • Strategy includes infrastructure, visa reforms, and ...

Ghana reduces 2024/2025 cocoa forecast to a maximum of 600,000 tons • Structural issues continue to affect output, including disease and climate change • Global cocoa prices remain under pressure, ...

Ethiopian Airlines and Etihad form partnership linking Africa with Asia and Australia • Direct flights between Addis Ababa and Abu Dhabi begin July 15 and October 8 • Agreement supports Ethiopian's ...

Rwandan government to inject new funds into delayed Bugesera Airport project • Allocation included in 2025/2026 budget to help meet new 2027 launch target • Airport aims to handle up to 14 million ...

Diamond sales drop 50%, pushing Botswana into fiscal and employment strain • Debswana to cut 1,000 jobs as government and De Beers launch talent programs • IMF forecasts -0.4% GDP growth in 2025, ...

CBK reduces prime rate to 9.75% following easing inflation and stable exchange rates • May 2025 inflation falls to 3.8%, below the 5% midpoint target • Rate cut aims to boost private sector lending ...