The U.S. resumed soybean exports to Nigeria in 2024 with 64,000 tons shipped after a six-year pause A conference in Lagos aimed to boost agricultural ties and promote U.S. soy Nigeria’s soybean output fell 14% in three years, unable to meet rising domestic demand The United States aims to strengthen its soybean exports to Nigeria. As part of this effort, the U.S. Soybean Export...

The report urges project stakeholders to shift away from a limited extract-and-export approach to critical minerals, which often stems from geopolitical rivalries among major powers. Instead, it recommends transforming the project into a deeply integrated logistics platform that both shapes the regions it crosses and aligns with the needs of local economies. Announcements about financing for the...

External debt hits 70.63 trillion naira ($45.97 billion), up from $42.11 billion Domestic debt also increases as government faces growing budget pressures Parliament reviews new $24.14 billion loan plan for critical infrastructure Nigeria’s external debt rose by 26.07% year-on-year in the first quarter of 2025, according to data released by the Debt Management Office...

• Emmerson devalues Khemisset potash project by $21.1 million due to legal dispute• Environmental permit rejected twice over water use concerns amid severe drought• The project’s future remains uncertain as arbitration proceedings move forward British mining company Emmerson Plc has slashed the value of its Khemisset potash project in Morocco by $21.1 million, citing ongoing...

• Hydropower supplies 20% of Africa's electricity but faces climate-related pressures• Solar energy is growing fast, with capacity expected to double by 2028• Combining both technologies offers a practical solution to energy security challenges Hydropower remains a major pillar of Africa’s energy mix, but solar energy is rapidly gaining ground as a strategic solution to support the...

• Africa has $4 trillion in unexploited resources to finance its own development• Lack of structured, safe channels keeps these funds from productive sectors• Private sector projects seen as key to unlocking infrastructure investments Africa has nearly $4 trillion in untapped financial resources that could be used to drive its development, according to Samaila Zubairu, President...

• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société Générale Burkina Faso (SGBF).•The move is part of Vista Group's pan-African expansion strategy and coincides with Société Générale's ongoing withdrawal from the African continent. Vista Group Holding, led by Burkinabe financier Simon Tiemtoré, announced on Monday, June 30, 2025, the...

• Mali plans to increase its total cotton cultivation area to 672,000 hectares in the 2025/2026 season, marking a 7.8% or 50,000-hectare increase from the previous area.• Along with this expansion, the government aims to boost seed cotton output by almost 20% to reach 682,000 tonnes. Mali, the second largest cotton producer in West Africa, has been striving to outpace Benin for several...

• Tanzania Railways Corporation inaugurated freight service on the Standard Gauge Railway (SGR) between Dar es Salaam and Dodoma.• The SGR is part of a $6 billion strategy to turn Tanzania into East Africa’s top logistics hub.• The first cargo train carried over 700 tons, marking a milestone in linking landlocked neighbors to maritime trade routes. Tanzania launched freight...

• World Bank advocates for green jobs as a strategic solution for Gabon's economy and youth unemployment.• Despite natural wealth, training in sustainable sectors is lacking, hindering job creation.• Coordinated strategy, private sector involvement, and donor support are crucial for implementation. As Gabon endeavors to revitalize its economy beyond oil and tackle persistent youth...