Rebel violence cut Bisie tin mine’s Q2 output to 4,106 tonnes, 21% below target H1 production hit 8,376 tonnes, 47% of Alphamin’s 2025 goal Continued operations depend on improved regional security Bisie, the Democratic Republic of Congo’s largest tin mine, produced 4,106 tons of tin in the second quarter of 2025. This fell 21% short of its initial 5,000-ton target for the...

Egypt opened Africa’s largest wind farm, raising Gulf of Suez capacity to 912.5 MW. Pro-investor policies have driven Egypt’s 340% renewable energy growth since 2015. Despite vast wind potential, most African nations lag due to weak regulatory support. Egypt officially inaugurated what is being called Africa’s largest wind farm, the Gulf of Suez Wind Farm II (650 MW), with...

BEAC granted Afreximbank the first-ever foreign access to the CEMAC public securities market. Cameroon raised $359.3 million via a euro-to-CFA swap to issue local Treasury bonds. All bond tranches fully subscribed, backed by 6.5-7.5% yields and a strong repayment record. For the first time, the Bank of Central African States (BEAC) has granted a foreign financial institution...

The World Bank convened a series of meetings in Brazzaville, Congo, in May, bringing together key economic stakeholders, including finance ministers, from the Economic and Monetary Community of Central Africa (CEMAC). Following these discussions, Ethiopis Tafara, IFC Vice President for Africa, was interviewed by Ecofin Agency.  Ecofin Agency: Could you tell us about the main projects IFC is...

The MTN Nigeria Dabengwa Tier 3 Data Centre is more than just a physical infrastructure project — it’s a foundational investment in Nigeria’s digital future. It enhances data sovereignty, reduces operational costs for businesses, supports local innovation, and solidifies Nigeria’s role as a digital leader in West Africa. MTN Nigeria launched, on July 1, the Dabengwa Tier 3 Data Centre in...

• South Sudan initiates a $58 million, four-year project to transform basic education nationwide.• The program aims to directly benefit over 300,000 students and indirectly reach 600,000 others, focusing on girls and marginalized groups.• The initiative is supported by the Ministry of General Education, GPE, UNICEF, and other international partners. South Sudan launched on July 2...

• Cape Verde reclassified as an upper-middle-income country due to a 16.8% rise in GNI per capita.• Namibia downgraded to lower-middle-income after a 12.9% decrease in GNI per capita.• Cape Verde’s growth fueled by strong tourism, reduced unemployment, and economic reforms supported by the UN. Two African economies have changed categories in the latest World Bank income-based country...

• Ivory Coast grants two new four-year gold exploration permits to Global Industries Sarl and Rampage Exploration Sarl.• National gold production reached 58 tonnes in 2024, with a target of 100 tonnes annually by 2030.• Exploration is recognized as a long-term process requiring sustained investment before commercial production. Ivory Coast continues to support its booming gold sector by...

• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from 166.5 million in 2024/2025.• China’s coffee demand more than doubled in a decade, becoming the world’s sixth-largest consumer.• Despite sharp price increases, coffee demand remains resilient, with limited impact on retail prices. Global coffee consumption is set to reach a new all-time...

• Benin creates the Agency for the Development of Ruminant Farming (ADER) to boost local cattle, sheep, and goat sectors.• National ruminant meat production meets only 49.3% of demand, forcing imports of nearly 58,000 tons annually.• Structural challenges include traditional farming, low-quality breeding stock, inadequate feeding, and underinvestment. Benin is turning to a new public...