DRC, Sun Africa sign deal to boost power capacity Program targets 4,000 MW via solar, hydro, storage mix Grid upgrades planned to support industrial development The Democratic Republic of Congo (DRC) and U.S. developer Sun Africa signed a memorandum of understanding (MoU) in late October 2025. The deal covers the “Energy for Prosperity” program, a major initiative designed to...

Algeria to receive 10,000 new buses by March 2026 Over 4,600 buses to replace 30+ year-old vehicles Bus renewal follows deadly crash, aims to cut accidents Algeria is expected to start receiving the first batch of 10,000 new buses this November as part of a national program to renew the public transport fleet, local media reported, citing Transport Minister Said Sayoud. Deliveries...

Douala Port signs $1.4B PPP deal for new wharf Mira Group to fully fund, build 1,500-meter multi-use terminal Project to ease congestion, boost CEMAC trade hub status The Port Authority of Douala (PAD) and Mira S.A. Group signed a public-private partnership (PPP) agreement on Tuesday, November 4, for the construction of a 1,500-meter multi-purpose wharf. Signed by PAD...

Egypt and Poland’s Feerum formed a joint venture, Feerum Egypt, to localize silo production for grain storage. The company will produce 80% of silo components locally within three years, covering 1.4 million tonnes of storage capacity. The project supports Egypt’s $718 million plan to expand national grain storage to 2.6 million tonnes by 2030. Egypt has approved the...

Montage Gold doubled indicated and inferred resources at the ANV deposit in Côte d’Ivoire’s Koné gold project. The mine, currently under construction, targets production of 301,000 ounces of gold per year over 16 years, starting in 2027. Côte d’Ivoire aims to raise national gold output to 100 tonnes by 2030, up from 58 tonnes in 2024. Montage Gold Corp. has upgraded the...

The agreements cover aviation, agriculture, and industrial development. Lufthansa Consulting will assist in restructuring Angola’s national carrier, TAAG. Bilateral trade reached €640 million ($738 million) in 2023. German President Frank-Walter Steinmeier and his Angolan counterpart, João Lourenço, signed three agreements on November 5, 2025, during Steinmeier’s official...

The government created agencies for cybersecurity, data and AI, and digital transformation. The reform aims to build a unified digital system and strengthen governance efficiency. Implementation faces hurdles amid conflict, weak infrastructure, and limited resources. Sudanese Prime Minister Kamil Idris signed a decree on November 5, 2025, establishing three national agencies under the...

Africa expected to account for 7% of global rare earth production by 2034. South Africa, Angola, Malawi, and Tanzania set to lead regional output. Growing Western investment aims to reduce dependence on Chinese supply. Africa is expected to contribute 7% to global rare earth production by 2034, supported by a strong project pipeline across Southern and Eastern Africa, according to a Fitch...

The Senate is holding hearings on a $365 million BOT road concession. The deal with PAVIPORT AL Associates covers 255 km of key national routes. Lawmakers seek to ensure financial viability and protect public interest. The Liberian Senate has begun public hearings on a proposed road concession between the government and private consortium PAVIPORT AL Associates, Inc., involving an...

Banque Misr inaugurated its new branch in Djibouti on November 5, 2025. The move aligns with its African expansion strategy and Egypt’s trade ambitions. Djibouti was chosen for its strategic location and growing financial sector. Banque Misr, Egypt’s second-largest bank by assets, inaugurated its new subsidiary in Djibouti on November 5, 2025. The state-owned bank said the opening is...