Sintana secures exclusivity to assess Namibia offshore licence PEL 37 Letter allows due diligence until April 30, includes $1 million deposit Move expands Sintana’s portfolio alongside existing Namibian offshore stakes Canadian-based Sintana Energy said on Wednesday that it has signed a letter of intent giving it exclusive rights to assess a potential investment in...

Seplat starts gas production at ANOH project in Nigeria’s Niger Delta Facility can supply 300 mscf/d; pipeline delivers gas to Indorama Project supports emissions cuts, production growth after Exxon assets deal Local energy firm Seplat Energy said it has started gas production at its ANOH project in Nigeria’s Niger Delta. The facility can supply up to 300 million standard...

Lendable raises over $300 million at first close of two funds Funds target fintech credit, transport, energy SMEs in emerging markets IFC commits $86 million, signalling investor backing for blended finance London-based asset manager Lendable said on Wednesday it has reached a first close on two blended finance funds, raising more than $300 million in total. The...

Nigeria unveils reforms to reposition polytechnics as innovation, skills hubs Government to amend Polytechnics Act, allow degree awards, boost industry links Reforms build on mass vocational training drive under Tinubu’s agenda Nigeria’s federal government on Wednesday, Jan. 21, 2026, unveiled reforms to turn polytechnics into hubs for innovation and skills development, as...

OPRAG, AOM Global to design, finance, operate terminal over 24 months Project aims to modernise ferry travel, boost safety, support sector reforms The Gabonese Ministry of Transport said on Wednesday it had signed a concession agreement for a new ferry terminal in Libreville. The project will be developed by Gabon’s ports authority (OPRAG) in partnership with AOM GLOBAL, with the...

Sasol appoints Rhidwaan Gasant independent non-executive director, effective Feb. 2026 Veteran energy executive brings governance, auditing, risk management experience Board oversees emissions cuts, modernization, shift toward gas and renewables South African petrochemical company Sasol Limited announced on Tuesday, Jan. 20, the appointment of Rhidwaan Gasant as an independent...

Mali signs 19 agreements to launch FIER 2 rural youth employment project  IFAD-backed programme targets training, financing, 14,000 projects Initiative expands nationwide as informal work dominates rural labour markets The Malian government has moved the FIER 2 project into a new phase after signing 19 partnership agreements on Monday, Jan. 19. The ceremony was chaired by...

Afrobarometer finds 37% banked adults, 60% use mobile money in Africa Account ownership varies widely by country, region, income, gender, age Mobile money expands inclusion amid weak banking infrastructure, poverty barriers Only 37% of adults in Africa have a traditional bank account, while 60% have a mobile money account, according to a report published in late 2025 by...

$7 million UN-backed initiative targets 686,000 people in vulnerable border regions Project builds water infrastructure, manages conflicts, improves climate early warning systems Senegal, Mali, and Mauritania have launched a cross-border project aimed at making sustainable water management a strategic tool for cooperation, peace, and climate resilience in the border areas of the...

Fodecc plans CFA4 billion in subsidies for cocoa and coffee producers Funds aim to boost yields and address pests and planting constraints Support will be channeled through the producer grant scheme launched in 2021 Cameroon’s Cocoa and Coffee Development Fund (Fodecc) plans to distribute CFA4 billion (about $7.2 million) in subsidies to producers in 2026, according to...