Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Nigeria. This marks a major step in its global expansion and reflects its commitment to delivering transparent, high-quality telecom solutions tailored to local needs. UK-based telecom operator Lebara Group has entered Nigeria’s competitive telecom market with Lebara Nigeria, launching the unique...

(CMOC)-CMOC Group announced today that it has successfully completed the acquisition of 100% equity in the Cangrejos Gold Project in Ecuador, marking a major milestone in the company’s strategic expansion into the global gold sector. The transaction closed on June 24, 2025. On June 26, CMOC Chairman and Chief Investment Officer Mr. Liu Jianfeng met with Ecuadorian President Daniel Noboa in...

The government of Malawi has signed a memorandum of understanding with Chinese company Hunan Sunwalk for a $7 billion investment to develop the country’s mining sector, with a strong focus on titanium extraction. The announcement, made public a few days ago, was widely covered by the local media and presented as a major turning point for Malawi. However, the lack of clear details around...

Kigali to build 100 km of roads by 2029, targeting 25 km yearly. $100M AfDB loan supports transport upgrade. Citizens to cofund 50% amid growing congestion. Kigali, Rwanda’s capital, plans to build 100 kilometers of secondary roads by 2029. Mayor Samuel Dusengiyumva announced the project on Tuesday, June 24, stating it will be rolled out in phases, with 25 kilometers constructed...

Canada’s GoviEx kicks off new exploration phase to grow Muntanga project Drilling targets expansion of uranium resources and discovery of new deposits Muntanga expected to produce 2.2 million pounds of uranium per year for 12 years Vancouver-based GoviEx Uranium announced on June 24 the launch of its 2025 exploration program at the Muntanga uranium project in Zambia. The...

Africa still has the largest gap in electricity access. While Central and South Asia have made significant strides, progress in Sub-Saharan Africa, especially in rural areas, remains far too slow. However, improvements in other regions demonstrate that faster progress is achievable with targeted policies and well-tailored investments. Sub-Saharan Africa still faces the largest electricity access...

Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoire, the government has tried to lessen the impact on citizens by lowering fuel prices. However, despite these efforts, which address fuel that was the second most expensive in the West African Economic and Monetary Union (UEMOA) in 2024, just behind Senegal, the real impact on daily life has been...

South Africa launched phase five of its Basic Education Employment Initiative, hiring 200,000 youths. Budget constraints limit essential school services, especially in poor areas. Authorities are pushing infrastructure upgrades and accountability to strengthen the sector. In early June 2025, South Africa kicked off the fifth phase of its Basic Education Employment Initiative...

FNDA, FMN, and NOVA launch ₦1.5B maize project for 1,500 farmers in Kaduna. Support includes inputs, mechanization, and FMN technical aid. Goal: boost Kaduna’s maize output, 7.7% of Nigeria’s total in 2024. Nigeria's National Agricultural Development Fund (FNDA) has partnered with Flour Mills of Nigeria (FMN), the country’s leading flour producer, and NOVA Merchant Bank to...

AFC secured a €250 million, 10-year loan from Italy’s CDP, 80% guaranteed by SACE, for infrastructure projects in Africa. Funds will support the Lobito rail corridor linking Angola to Zambia and the DRC. The deal strengthens the Italy-AFC partnership, aligned with the Plan Mattei-Global Gateway summit. Africa Finance Corporation (AFC) has secured a 250 million euro, which...