SCOPE Africa launches in Lomé to boost port security and regional cooperation across West and Central Africa. EU-funded project targets standards, risk management, and training as port traffic grows 7% yearly amid rising threats. Ten key ports, incl. Lomé, Dakar & Lagos will get support to ease trade, secure corridors, and deepen integration. A new phase of the "SCOPE Africa"...

Deep Yellow appoints Greg Field CEO as Tumas mine advances Field replaces John Borshoff, who delayed Tumas investment decision Company still targets 2027 first production from $360m Tumas project Australian uranium company Deep Yellow announced, Tuesday, the appointment of Greg Field as its chief executive officer. Field, who brings nearly 30 years of experience, including a...

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN MoMo and Orange Money. Blue Money, capital CFA 500 M, faces tough rivals MTN, Orange & Wave; Camtel bets on its vast fibre network and rural reach. Despite fierce competition, Cameroon leads CEMAC in mobile money (76% of value); Blue Money aims to grab its share. Camtel, the...

Nigeria launches a $100 million fund to boost oil-sector local firms NCDMB targets 70% local content by 2027 and tightens compliance rules Mandatory NCDF payment certificate starts 2026 to improve transparency Nigeria’s oil and gas local content regulator has launched a 100 million dollar fund to support local service companies and reaffirmed its target of achieving 70...

Senegal imposes 0.5% taxes on digital payments and transfers Government targets 230 billion CFA in revenue amid fiscal pressures Industry warns the tax may slow digital finance and inclusion Senegalese citizens have been paying a new tax on digital financial services since October 2025. The measure is based on Law No. 2025-17 of September 27, 2025, which amends the 2012 General Tax...

Company to invest about $378 million globally over two years Africa to receive 94 % of funding, targeting seven key markets Spending focuses on jobs, training, AI tools, and new infrastructure CCI Global, one of Africa’s leading call-center operators, plans to invest about $378 million over the next two years to expand its operations in Europe, the Middle East,...

Parliament adopts CFA335.2 billion budget for 2026 transport programs Road transport receives the largest share, followed by air and rail projects Funding supports ongoing upgrades to roads, rail, airports, and urban mobility The Senegalese Ministry of Land and Air Transport will have a budget of CFA335.2 billion (about $595.4 million) for the 2026 fiscal year to support...

YJC Power to partner with Hyacinth Automotive on a lithium-battery factory Project aims to support local production and strengthen Tunisia’s EV ecosystem Initiative positions Tunisia as a regional hub for energy-storage technology JC Power, a Chinese company specializing in energy-storage systems, plans to build a lithium-battery plant for electric vehicles in Tunisia in...

U.S. offers up to $150 million under a performance-based funding mechanism Expansion aims to reach 15,000 health facilities and 100 million people African governments must fund up to 80 % of costs, raising fiscal concerns The U.S. State Department has announced a landmark grant of up to $150 million to support Zipline, the San Francisco-based leader in autonomous...

Perseus submits offer to acquire all shares of Predictive Discovery Bid values Predictive at $1.4 billion, above terms of merger with Robex Move positions Perseus to add Bankan to its portfolio and expand in West Africa Perseus Mining said in a note published on Wednesday, December 3, that it has submitted an offer to acquire all outstanding shares of fellow Australian...