The IEA’s World Energy Outlook 2025 identifies electricity as the cornerstone of achieving global net-zero emissions by 2050. The share of renewables in global power generation must rise from 40% in 2024 to 75% by 2035, with battery storage capacity expanding seventeenfold. Africa, still heavily reliant on fossil fuels, faces both a challenge and an opportunity to build a cleaner,...

The Democratic Republic of Congo’s electricity regulator has approved Sattel International’s license to build a 6 MW solar power plant with storage in Kongo-Central. The facility will supply power to over 7,500 households and cut more than 23,000 tonnes of CO₂ annually. Sattel, active for over 25 years, plans to expand operations to three more African countries by 2026. The...

The Special Criminal Court in Libreville sentenced Sylvia Bongo Ondimba and her son Noureddin Bongo Valentin to 20 years in prison each for embezzlement, corruption, and money laundering. The court ordered the confiscation of their assets and a joint payment of CFA1,400 billion ($2.47 billion) in damages and restitution to the Gabonese state. Both were tried in absentia after leaving...

Hitachi Rail signed a contract with Hassan Allam Construction and Arab Contractors to modernize Alexandria’s 13.2 km tramway network, including 24 stations. The upgrade will double operating speed from 11 km/h to 21 km/h and reduce travel time from 60 to 35 minutes. The project aligns with Egypt’s “Vision 2030” plan to modernize transport infrastructure and cut carbon...

Chinguitel completed the modernization of its base stations in Nouakchott with Huawei’s technical support and plans nationwide upgrades by end-2025. The telecom regulator fined Chinguitel 100.2 million ouguiyas ($2.5 million) in 2024 for repeated quality-of-service failures and shortened its 2G, 3G, and 4G licenses. The company aims to strengthen coverage and data speeds amid...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will open the 2025 oil licensing round on December 1 to attract new investments and boost production. The bid round aligns with the 2021 Petroleum Industry Act (PIA) and targets increased transparency and investor confidence. Nigeria’s oil output has recovered to 1.7 million barrels per day in 2025, up from below 1.3...

The World Bank approved a $430 million package for Tunisia to modernize its energy sector through the TEREG program. The program aims to attract $2.8 billion in private investment, add 2.8 GW of renewable capacity by 2028, and create 30,000 jobs. Tunisia targets a 23% cut in power supply costs, improved STEG cost recovery from 60% to 80%, and a $698 million reduction in...

Côte d’Ivoire spent $3.81B on food imports in 2024, up 10% from 2023 Import volume rose 12.7% to 5M tons; rice led at $1.07B Fresh fish and wheat followed, costing $915M and $238M respectively Côte d’Ivoire spent 2.161 trillion CFA francs, or about 3.81 billion dollars, on food imports in 2024, according to the latest foreign trade data published by...

Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targets rural, regional, and cross-border connectivity under Big Push plan Roads carry 90% of traffic; rail remains limited despite ongoing revival efforts Ghana’s Ministry of Finance plans to set aside 30.8 billion cedis, about 2.8 billion dollars, in the 2026 budget to support the road...

Guinea to launch $1B sovereign wealth fund by Q2 2026, backed by mining Fund aims to stabilize budget, invest in education, infrastructure, and industry Simandou project key revenue source; governance support from Saudi, Singapore Guinea plans to establish a sovereign wealth fund with an initial capital of 1 billion dollars by the second quarter of 2026. The...