Just six African countries account for 50% of the continent’s external debt in 2025 Public debt burdens remain high, with over 60% of African nations above the 50% debt-to-GDP threshold Afreximbank urges tighter fiscal policies and stronger domestic resource mobilization In a report released on May 28, the African Export-Import Bank (Afreximbank) revealed that just six African...

• Fitch downgrades Afreximbank’s rating from BBB to BBB- with a negative outlook• Concerns include loan quality transparency and exposure to high-risk countries• Downgrade may raise borrowing costs and affect investor confidence Fitch Ratings has expressed concerns over a lack of transparency and heavy dependence on countries in difficulty, calling on the bank to revisit its strategy to...

• IRH to acquire majority stake in Alphamin, owner of Bisie tin mine in DRC• Deal adds 20,000-ton annual tin capacity to IRH’s mining portfolio• Alphamin cuts 2025 forecast to 17,500 tons due to regional security risks UAE-based International Resources Holding (IRH) announced on June 3 a definitive agreement to acquire a 56% stake in Alphamin Resources, the owner of the Bisie tin mine in...

• National program targets 70,000 beneficiaries and 13.5% renewable energy share• Backed by Swiss SECO, AfDB, CIF, and Ghanaian government funding• Nearly 2,000 jobs expected, with 30% reserved for women and youth In a bid to electrify remote regions, a rising number of African nations are turning to decentralized solar solutions. In this context, a new national program has been rolled out...

• CMA CGM discusses multi-billion euro investments with Algeria’s president• French shipping group plans to transform Oran into a regional logistics hub• Initiative aligns with broader strategy to expand African port operations Algeria occupies a central position in the African strategy of French shipping company CMA CGM. Already present in several ports across the continent, the group...

• Presidents Kagame and Tebboune sign broad cooperation deals during state visit• Agreements span air services, education, telecoms, justice, and investment• Rwanda to open embassy in Algeria; leaders affirm shared foreign policy stances During his official visit to Algeria, Rwandan President Paul Kagame and his Algerian counterpart, Abdelmadjid Tebboune, signed several cooperation...

• Government sets goal of full telecoms access by 2030, backed by $8 million fund• Priority regions include Karas, Kavango West, Omaheke, and Kunene• Around 12% of population still lacks 4G access; digital barriers remain The Namibian authorities have identified digital transformation as a priority to support socio-economic development. However, part of the population currently lacks...

• EGA signs agreement with GIADEC to assess long-term bauxite opportunities• Ghana holds 900 million tons in reserves but relies on a single operating mine• New concessions and expansion projects aim to increase national output In Ghana, bauxite production currently hinges on the Awaso mine, operated by the Ghana Bauxite Company. The nation has ambitions to fully exploit its potential,...

• Nigeria invites Vitol to support the Atlantic Africa Gas Pipeline project• Government seeks both technical expertise and financial structuring• Project spans 6,800 km, aims to deliver 30 bcm of gas annually to Europe Global fuel trading giant Vitol plays a vital role in African hydrocarbon exports, thanks to its trading expertise, logistical network, and relationships with multinational...

• Shandong Yongsheng plans a tire factory with initial output of 6 million units• Production could reach 12 million annually as local capacity develops• Project builds on Morocco’s free trade deals with the EU and U.S. Chinese automotive components firms continue to establish a presence in Morocco, capitalizing on the North African country's free trade agreements with the European Union...