Ningbo Boway Alloy Material approved a $150 million investment to build a factory in Nador, Morocco, with an annual capacity of 30,000 tonnes. The plant will supply European and U.S. markets, targeting applications in batteries, transformers, and cable shielding. Construction is set to begin in October 2026 and end in 2029. China’s Ningbo Boway Alloy Material Co., a leading...

Rwanda’s coffee exports generated $116 million, up 47.4% from the previous year. Output rose 25% to 21,000 tonnes as rejuvenated farms entered production. The government aims to increase exports to 32,000 tonnes by 2029 under its agricultural transformation plan. Rwanda’s coffee exports earned $116 million in the 2024/2025 marketing season, setting a new record for...

BasiGo opens three new electric bus charging depots in Nairobi, boosting operational capacity. The Taj Mall site includes a CATL battery maintenance and service center. The company targets 1,000 electric buses in operation by 2027. Kenya’s electric mobility company BasiGo announced on Monday the opening of three new electric bus charging depots in Komarock, Taj Mall, and Riruta,...

Burkina Faso, diaspora discuss media hub, digital skills exchange in Ouagadougou No deals signed; feasibility studies and follow-up mechanism to be launched Talks aim to boost tech capacity, counter disinformation, engage diaspora talent Burkina Faso’s Minister of Digital Transition, Posts, and Electronic Communications, Aminata Zerbo/Sabane, met with a delegation from the African...

Gates Foundation pledges $1.4B by 2029 for climate-resilient farming Funds to support tech like bio-fertilizers, weather alerts, and soil mapping Aims to protect smallholders in Africa, Asia amid rising climate threats  The Bill & Melinda Gates Foundation will invest at least $1.4 billion by 2029 to help smallholder farmers in sub-Saharan Africa and Asia adapt to the...

Thierry Djeumo, a former consultant at McKinsey France and an international consultant, is one of the authors of the new study, Operational Excellence: An Untapped Disruption Lever for African Businesses. The study, published by FinAfrique Partners and DYESE alongside co-authors Manuella Zagba and Bassirou Diao, offers an uncompromising assessment of African corporate operations and calls for a...

Timkat, celebrated each year in Ethiopia, marks the feast of Epiphany in the Ethiopian Orthodox Church. It commemorates the baptism of Christ in the River Jordan by John the Baptist. Observed around January 19 (or January 20 in leap years), it stands as one of the most significant events in the Ethiopian religious calendar. The celebrations begin on the eve of the festival, with a solemn...

Move ends 20-year wait, aims to boost banking access in under-served market Chad’s banking rate at 2.85%, well below CEMAC average of 11.68% Cameroonian banker and investor Paul Kammogne Fokam, founder of Afriland First Group, met with Chadian President Mahamat Déby Itno on Sunday, November 9, 2025, in Abu Dhabi, United Arab Emirates. Fokam, accompanied by Guy Laurent Fondjo, the...

As the world’s leading producer and exporter of palm oil, Indonesia also maintains a significant presence in the global coffee and cocoa markets. The country is now actively pursuing trade ambitions on the African continent. North African countries could become new growth drivers for Indonesian agricultural exports. They would provide an alternative to the European Union (EU) market, according...

Kenya targets Moroccan market to grow tea exports and trade ties Talks held with TMAN and Evergreen Tea to explore market entry Challenge remains as Morocco mainly imports green tea, Kenya exports black CTC Kenya’s tea sector is seeking to increase its market share in Morocco, Africa’s second-largest tea market after Egypt. As part of this effort, the Tea Board of Kenya (TBK)...