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Six major producers receive export quotas under tighter controls
Policy aims to curb fraud and regulate lithium shipments
Government pushes firms to invest in local processing by 2027
Zimbabwe has begun easing its February ban on lithium concentrate exports, introducing a quota system for selected producers as part of a broader effort to regulate the sector while advancing local...
Two agreements signed to develop cross-border power interconnection
Project aims to secure Namibia’s electricity supply
Line will link both countries to the Southern African Power Pool
Namibia and Angola have taken a major step toward connecting their electricity networks, laying the legal and technical groundwork for a high-voltage transmission line designed to strengthen regional...
Oman supports 500 MW solar plant with battery storage
Fuel storage deal aims to strengthen energy security
Botswana still relies heavily on coal and imports
Oman is stepping into Botswana’s energy sector with plans to support solar development and strengthen fuel security, as the southern African country looks to reduce its reliance on coal and imports.
The two countries signed...
Average borrowing costs rose from 2.7% to 5.1% between 2020 and 2024
“Blend” countries hit hardest by rising global interest rates
Higher debt costs threaten spending on health and social programs
Borrowing costs for African countries surged by 91% between 2020 and 2024, driven by global interest rate pressures in the wake of the Covid-19 pandemic and the war in Ukraine,...
Tender covers solar mini-grids in 27 villages in the Plateaux region
Project is part of a broader plan to electrify 317 localities
Backed by financing from the Islamic Development Bank
Togo has launched an international tender to build solar mini-grids in 27 villages in the Plateaux region, marking a new step in its rural electrification drive.
The call for bids, issued by the...
Two agreements signed on AI, training, and digital regulation
Scholarships and training programs target skills development
Partnership reflects growing South-South digital cooperation
Morocco and Gabon have signed two agreements to strengthen cooperation in digital development, training, and artificial intelligence. The deals were signed on the sidelines of the 2026 GITEX Africa...
Morocco and Gabon signed two agreements covering AI, training and digital regulation during GITEX Africa 2026.
The partnership includes fully funded scholarships and public-sector training programs to build technical capacity.
Morocco targets up to 100 billion dirhams ($10.7 billion) in AI-driven value by 2030.
Morocco and Gabon signed the agreements on the sidelines of the 2026...
Bank of Namibia has lowered its 2026 growth forecast to 2.6% from 3.8%.
Weak performance in mining, especially metals and diamonds, is driving the downgrade.
External shocks, including global demand trends and regional risks, continue to weigh on the economy.
The Bank of Namibia has revised downward its economic growth outlook for 2026, forecasting expansion of 2.6% compared with...
Zambia’s National Road Fund Agency (NRFA) has rolled out mobile money payments across toll stations.
Authorities aim to reduce congestion, limit fraud risks and improve revenue collection efficiency.
Mobile money adoption is accelerating, with transactions exceeding 100 billion kwacha in March 2025.
The National Road Fund Agency (NRFA) has introduced a mobile money payment system...
Amazon has signed a deal to acquire Globalstar to expand its low-Earth orbit satellite network and add direct-to-device services.
The company aims to compete more aggressively with SpaceX’s Starlink, particularly in underserved markets such as Africa.
Amazon plans to deploy around 3,000 satellites and launch advanced D2D services from 2028.
Amazon is preparing the commercial...