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Uganda plans to mobilize $83 million to support its struggling tea industry.
The plan includes factory bailouts, debt repayments, and fertilizer distribution.
Tea exports fell 22.4% in volume and 33.9% in value between 2021 and 2024.
The Ugandan government plans to mobilize 310 billion shillings (about $83 million) to support the tea sector, which faces a prolonged...
Botswana and Oman signed three agreements covering mining, oil infrastructure, and solar energy.
The deals include a 500 MW solar plant with battery storage to strengthen energy supply.
The agreements mark a deepening of bilateral ties established in October 2025.
Botswana and Oman strengthened bilateral ties by signing three agreements on Monday, April 13, during the official...
Nigeria’s electricity generation rises to 4,300 MW in early April from 3,951 MW in late March.
Gas supply to power plants increases from about 605 million to over 704 million cubic feet per day.
Installed capacity stands at 13,625 MW, but only about 4,089 MW remains effectively available.
Nigeria increases its electricity generation to 4,300 megawatts in early April, up from...
Mozambique plans to expand public transport to mitigate potential fuel supply disruptions.
About 80% of fuel imports transit through the Strait of Hormuz, exposing the country to external shocks.
The country imported $2.44 billion of refined petroleum products in 2024 and holds stocks until early May 2026.
The Mozambican government now promotes public transport to...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan.
The event features 99 performances across market and festival segments.
Organizers position MASA as a platform for cultural integration, business networking and industry development.
Africa struggles to achieve full cultural integration amid ongoing security challenges. However, the biennial...
Gabon’s insurance market revenue fell 5.8% in Q4 2025 after strong growth in previous quarters.
Life insurance revenue dropped 67%, driven by weak demand and non-renewed contracts.
Insurance intermediaries increased commissions by 24.8% despite the overall market decline.
Gabon’s insurance market recorded a 5.8% decline in revenue in the fourth quarter of 2025. The...
Africa Data Centres partners with Oni-Tel Fibre Networks to enhance connectivity in South Africa.
The agreement integrates Oni-Tel’s Infinity platform to improve latency, capacity and network resilience.
The move comes as Africa’s data centre market is projected to nearly double to $6.81 billion by 2030.
Pan-African data centre operator Africa Data Centres announced on...
The EBRD considers a senior loan of up to $80 million for Scatec’s solar project in Egypt.
The first phase includes a 500 MW solar plant with 100 MWh battery storage, costing $315 million.
Egyptalum will purchase the power under a 25-year agreement to secure stable low-carbon electricity prices.
Egypt plans to build a large-scale solar power plant combined with...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of $27 million for 5G spectrum.
Mauritel led the individual offers with a 305 million MRU bid, followed by a secondary 5% annual royalty on 5G revenue.
The regulator requires winning firms to sign technical specifications within 30 days and pay fixed fees within 15 days...
Industry stakeholders signed a 10-year strategic accord to pivot from traditional sugar to high-value industrial products.
The plan leverages a 300,000-ton annual sugar surplus to supply a national biofuel mandate targeting a 4.5% blend.
The Ministry of Trade aims to reposition sugarcane as an energy resource rather than a simple agricultural commodity.
The government and...