Galiano cuts 2025 gold forecast after incident at Ghana mine Output now seen at 120K-125K oz, down from up to 150K Q3 sales rise 60.5% year-on-year despite temporary site suspension Galiano Gold has lowered its full-year 2025 gold production forecast for the Asanko Gold Mine in Ghana, citing an operational incident that occurred in September. The Canadian company now expects...

Guinea to connect 2,200 public schools to internet by 2026 Project part of GIGA initiative; 1M+ children to benefit Officials say program will boost access, equity, and transparency in education The Guinean government officially launched an initiative on Wednesday, Nov. 5, to connect 2,200 public primary schools to the internet by the end of 2026. The project is part of the global...

Wafa Assurance acquires 63.4% of Egypt’s Delta Insurance for $67M Deal boosts Wafa’s North Africa presence; plans full integration Egypt Kuwait Holding exits to focus on energy, industrial sectors Moroccan financial group Wafa Assurance has completed the acquisition of a 63.4% stake in Delta Insurance, one of the leading insurers listed on the Cairo Stock Exchange (EGX),...

Ethiopia sets mandatory biofuel blending targets through 2035 Strategy aims to cut fuel imports, boost local biofuel production New SAF, ethanol, and waste-to-fuel plants need major investment Ethiopia’s Ministry of Water and Energy (MoWE) has set mandatory biofuel blending targets for road fuels,  ethanol-gasoline and biodiesel-diesel,  and for Sustainable Aviation...

Ventures Platform raises $64M in first close of $75M fund New fund targets fintech, healthtech, agritech, edtech, and AI startups Backed by IFC, BII, Proparco, and Nigeria’s Bank of Industry Nigerian venture capital firm Ventures Platform announced on Thursday, Nov. 6, 2025, the first close of its second Africa-focused fund, raising $64 million of a...

Release by Scatec offers modular solar to cut Africa’s energy costs Leased systems save fuel, add 20-30 MW without heavy financing Projects underway in six countries, backed by IFC and World Bank Hans Olav Kvalvaag, CEO of Release by Scatec, a subsidiary of Norway’s Scatec Group, outlined a pragmatic approach to Africa's energy transition, relying on accessible, modular...

Oni-Tel Fibre Networks launched Inter-Data Centre Fibre Network with Digital Parks Africa as the inaugural point of presence. High-speed fibre backbone connects all major data centers across Gauteng, enabling seamless, low-latency connectivity. Oni-Tel has laid over 70km of cutting-edge fibre for the high-speed and low-latency demands of digital connectivity. On November 6, Oni-Tel...

Air Peace becomes the first Nigerian airline to launch direct flights from Abuja to London Heathrow. Fidelity Bank highlights the partnership as proof of indigenous enterprise and aviation growth. The route is expected to boost connectivity and lower travel costs for Nigerians. Nigeria’s Fidelity Bank Plc has hailed Air Peace for launching its maiden direct flight between Abuja...

Telecel Zimbabwe seeks court-backed corporate rescue amid financial crisis Firm cites debt, weak 4G network, and shrinking market share Rescue aims to restructure, avoid collapse in telecom sector Telecel Zimbabwe, the country’s third-largest mobile operator, is seeking to enter corporate rescue proceedings, a legal provision that allows financially distressed companies to...

Kenya-UK trade hits record £2.1B in Q2 2025 Exports rise on both sides after July trade agreement UK remains top investor, with £804M FDI in Kenya Trade between Kenya and the United Kingdom rose to a record £2.1 billion ($2.75 billion) in the second quarter of 2025, according to Kenya’s Ministry of Investment, Trade and Industry. The figure, based on data from the UK’s...