Desert Gold to raise C$5M for West Africa gold projects Funds target Mali and Côte d’Ivoire exploration, plant commissioning Flagship SMSZ mine aims for 130,700 oz over 10 years Canadian junior miner Desert Gold said on Jan. 26 it plans to raise C$5 million ($3.6 million) to fund its gold projects in West Africa. The proceeds from the share sale will be used to advance the company’s...

Libya plans to launch 5G services after completing first-phase preparations State-owned LPTIC names Al-Madar Al-Jadeed as the first national 5G operator High costs and adoption challenges could shape the pace of rollout Libya is preparing to launch fifth-generation (5G) mobile technology “in the near future,” according to an announcement made last week by the state-owned Libyan...

Gabon has commissioned the first 8.5 MW phase of the Mayumba gas power plant The project is developed under a public-private partnership with Perenco Installed capacity is set to rise to 50 MW in successive phases The Gabonese state has officially taken delivery of the first phase of the Mayumba gas-fired thermal power plant. This marks the entry into service of a new electricity...

FDI to Africa dropped to $59 billion in 2025, with North Africa down 67% Sub-Saharan Africa proved more resilient, posting a limited 6% decline Global FDI rose mainly due to financial hubs, masking weak underlying recovery Foreign direct investment (FDI) flows to Africa fell sharply in 2025, declining by 38% to $59 billion, according to a report published on January 20,...

The EU will fund €25 million to support artisanal fisheries in Liberia’s coastal counties The project targets cold storage, ice production, and post-harvest loss reduction Fisheries support livelihoods, food security, and about 10% of Liberia’s GDP Liberia and the European Union have signed a €25 million financing agreement, about $29.7 million, to...

Guinea exported 182.8 million tons of bauxite in 2025, up 25% from 2024 The increase comes amid permit withdrawals, legal disputes, and sector reforms Guinea remains the world’s leading bauxite exporter since 2023 Guinea’s bauxite exports reached 182.8 million tons in 2025, up 25% from the 145 million tons recorded in 2024. Reported on January 26, by Reuters, citing an...

Harena Rare Earths plans to start building its Madagascar mine in 2027 Two rare earth projects show strong financial potential over long lifespans Environmental and social concerns remain central to the public debate Harena Rare Earths plans to begin construction of its rare earth mine in Madagascar in 2027. The announcement, made on January 26 by the British company, comes...

Global energy transition investment rose 8% to a record $2.3 trillion in 2025 Electric transport led spending, while renewables investment declined China remained the largest market despite its first drop since 2013 Global investment in the energy transition reached a new record of $2.3 trillion in 2025, data from BloombergNEF’s Energy Transition Investment Trends...

Nigeria plans to integrate 14 million small farmers into the cassava bioethanol value chain Ethanol blending could save over naira 3000 billion a year by cutting fuel imports The strategy targets both domestic fuel use and broader industrial demand Nigeria has begun rolling out measures to integrate around 14 million small-scale farmers into the cassava-based bioethanol value...

(OAFLAD) - At a critical juncture for Africa’s development trajectory, the Organization of African First Ladies for Development (OAFLAD) enters a renewed phase of leadership and institutional consolidation. This transition is marked by the formal assumption of office following the vote, with the installation of a new Steering Committee and the commencement of a renewed flagship leadership...