Tullow Oil and Kosmos Energy plan to invest $2 billion to drill up to 20 new wells in Ghana, under a new agreement with the Ghana National Petroleum Corporation (GNPC). The deal, disclosed on June 4 ...

• Factory to process up to 300,000 tons annually depending on supply • Project aims to diversify cassava use and develop industrial value chains Tanzania, the sixth-largest cassava producer in Africa, ...

During his official visit to Algeria, Rwandan President Paul Kagame and his Algerian counterpart, Abdelmadjid Tebboune, signed several cooperation agreements on Tuesday, June 3, 2025, marking a new ...

AfDB raised $3 billion in a two-part bond issuance in U.S. dollars. The deal included the Bank’s first-ever 10-year global dollar bond. Strong market demand showed confidence in the Bank’s leadership ...

IFC to acquire stake in KERA Health, an AI-based e-health platform in Senegal Funding to support digitized health services expansion across WAEMU region Project aims to lower patient costs and improve ...

Home to one of the largest tributaries of the Congo River, the Central African Republic (CAR) and the Democratic Republic of the Congo (DRC) will benefit from a pioneering cross-border initiative to ...

Rektron and Afritel plan to buy 60% stake in state-owned telecom operator AT Deal aims to revive AT’s performance and expand network coverage Market share fell to 7.89% in 2024; operator faces $342M ...

Global energy investment is expected to reach a record $3.3 trillion in 2025 • Nearly two-thirds will go to low-carbon technologies like solar and batteries • Africa receives only 2% of clean energy ...

New mining code increases state’s free stake in projects from 10% to 15% WAF confirms higher state participation in Sanbrado, Toega, and Kiaka mines Burkina Faso may boost paid stake to 45% under new ...

IMF disburses $58 million under Extended Credit Facility in • Funds support fiscal reforms, digitization, and public service spending • Growth projected to rise to 3% in 2025 if reforms are swiftly ...

Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand data infrastructure in Djibouti, Ethiopia, and Tanzania Project aims to improve connectivity and support East ...