Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors with yields of 8.1% and 8.95% to smooth repayments. Ivory Coast led the wave with a $1.3B 15-year bond at 5.39%, while Benin and Algeria diversified by tapping Sukuk markets for cheaper capital. Market access remains uneven; Egypt manages tight refinancing as the DRC prepares...

Indicated gold resources at Diamba Sud rise 73% to 1.25 million ounces. Fortuna aims to complete a bankable feasibility study by mid-2026. The project could become Senegal’s fourth industrial gold mine by 2028. Indicated gold resources at the Diamba Sud project in Senegal have reached 1.25 million ounces, up 73% from the previous estimate. Canadian mining company Fortuna Mining...

Algeria is sending experts to review the site for a planned 40 MW power plant in Niger. The project will be built and fully financed by Algeria as a donation. Niger’s electricity access rate stands near 20%, with over 70% of power imported. Algeria is preparing a technical review of the site selected for a planned power plant in Niger. According to the Algerian Press Service...

EETC launched a tender for a 500 MW solar plant in West of Nile. The project will follow a build-own-operate model under an independent power scheme. Egypt targets 42% renewables by 2030 and 65% by 2040. The Egyptian Electricity Transmission Company (EETC) on February 19 launched a tender for the construction of a 500 MW photovoltaic solar park in the West of Nile area....

The African Union signed a three-year memorandum to promote civilian nuclear energy. About 666 million Africans still lack electricity, according to the World Bank. Several countries, including Egypt and Ghana, are advancing nuclear energy plans. The African Union signed a memorandum of understanding on February 13 in Addis Ababa, on the sidelines of its 39th summit, aimed at...

A CFA700 million ($1.2 million) poultry farm has opened in Bobo-Dioulasso. The facility targets 1 million hatching eggs in 2026. Output is set to double in 2027. The project follows a government ban on broiler chick imports in October 2025. The Chamber of Commerce and Industry of Burkina Faso (CCI-BF) on February 17 inaugurated a new poultry farm in Tolotama, in the commune of...

Standard Chartered Zambia raised its capital to 520 million kwachas (about $27.5 million) through a bonus share issue, without raising new funds. The move complies with new central bank rules requiring foreign banks to hold at least 520 million kwachas in capital. The increase comes as the group scales back retail operations in Zambia and refocuses on priority markets in Asia and...

Senegal’s Gamers Association and the Digital Ministry signed a partnership to organize Efest Africa in Dakar. Senegal’s video game market reached an estimated CFA49 billion ($88.5 million) in 2025, with 1.7 million regular players. The government aims to position Dakar as an African innovation hub under its New Deal Technologique strategy. The Senegalese Gamers...

Hayat DHC will invest 13.4 billion Algerian dinars ($103 million) to build a paper products plant in Relizane. The facility will produce 70,000 tonnes of jumbo paper rolls and more than 44,000 tonnes of tissue and hygiene products annually. The project will create 960 direct jobs and aim to reduce Algeria’s import bill. Turkey’s HAYAT DHC will build a new paper products...

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) after Ramadan. The TSGP would transport 20–30 billion cubic meters of Nigerian gas annually to Europe via Algeria’s Mediterranean infrastructure. Morocco advances a rival $25 billion Nigeria–Morocco pipeline with a projected capacity of up to 30 billion cubic meters per...