Africa’s adoption of small modular reactors (SMRs) varies widely, revealing gaps in regulatory and institutional readiness. Ghana and Rwanda lead with active projects and partnerships, while countries like Egypt and Nigeria proceed cautiously. Experts call for a harmonized continental framework to unlock Africa’s full SMR potential and avoid falling behind global trends. Nearly...

Brazil’s robusta coffee harvest is set to more than double since 2016/2017, narrowing the gap with Vietnam. Brazil’s robusta thrives due to its tolerance of drought, disease resistance, and higher yields. Increased Brazilian robusta supply could ease global stock pressures amid climate change and rising demand. Brazil and Vietnam dominate the global coffee market, with Brazil...

India and Namibia signed MoUs in disaster resilience, cybersecurity, education, health, and entrepreneurship. Prime Minister Narendra Modi highlighted cooperation in energy, defense, and critical minerals. Bilateral trade hit $654 million in 2023, with expanding ties in oil, mining, and investment. India and Namibia maintain strong political, economic, cultural, and military...

Government covered 59.16% of billed power costs with CFA536.4 billion in subsidies Debt to power producers now exceeds 4 trillion naira, straining the energy sector Reforms continue under President Tinubu amid persistent supply and infrastructure issues The Nigerian government allocated 536.4 billion naira ($350 million) to electricity subsidies in the first quarter of 2025,...

Stanbic IBTC and Zenith Bank cut monthly card spending abroad to $500 and $200 Foreign reserves fall by $3.5 billion in six months, down to $37.37 billion in June Central Bank steps up recapitalization, while banks face delays settling FX credit lines Nigerian banks are tightening restrictions on international spending as foreign exchange pressures mount. On...

• Trump announces 50% tariff on all imported copper, citing national security• Copper futures jump past $12,330 per ton as traders react to looming restrictions• African exporters face indirect risks from global price shifts and trade rerouting On July 8, 2025, U.S. President Donald Trump announced a 50% tariff on all copper imported into the United States. The announcement triggered...

• Cameroon and Chad plan to launch free mobile roaming by August 11, following a joint coordination meeting in N'Djamena• The move revives a stalled CEMAC initiative started in 2021 to eliminate high roaming costs in Central Africa• Despite this progress, regional implementation lags, hindered by unresolved technical, contractual, and regulatory challenges Cameroonian and Chadian...

• IsDB approved €200 million for Abidjan’s urban transport upgrade, focused on the Yopougon–Bingerville corridor.• Project includes a 20 km BRT line, transit system upgrades, and informal transport reform.• Aims to ease congestion, boost access, and support low-carbon mobility. The Islamic Development Bank (IsDB) has approved €200 million (approximately $234 million...

• WAF targets 290,000+ ounces of gold in Burkina Faso for 2025, up 40% from 2024• Output driven by new Kiaka mine and continued production at Sanbrado• Long-term peak of 473,000 ounces expected by 2029, boosted by Toegao deposit West African Resources (WAF) projects gold production of at least 290,000 ounces in Burkina Faso for 2025, driven by expected output from its new Kiaka gold mine....

Backbone Infrastructure will build a $15 billion refinery in Nigeria's Ondo State, with a capacity of 500,000 barrels per day. This facility will be the country's second largest, trailing only the Dangote refinery. Backbone Infrastructure Nigeria Limited (BINL) announced on Wednesday, July 9, that it will construct a new crude oil refinery with a capacity of 500,000 barrels per day in Ondo...