New smelter in the DRC will process all copper concentrate from Kamoa-Kakula Facility can treat 500,000 tons of concentrate per year and produce 99% blister copper Launch comes as 2025 output guidance is cut after a seismic incident In a note published on Dec. 1, Ivanhoe Mines announced the official start-up of the copper smelter at its Kamoa-Kakula mine in the Democratic...

NUPRC launches a new licensing round covering onshore, shallow, deep, and frontier zones The offer includes 50 blocks aimed at attracting both local and international operators Abuja prepares consultations and bid reviews, with timelines yet to be announced Nigeria has opened its 2025 oil bid round with a total of 50 blocks offered for exploration and development. The...

Pretoria says its G20 membership is unconditional as a founding member Washington disputes how the 2025 rotating presidency was handed over Diplomatic strains deepen as South Africa pushes ahead with a joint declaration South Africa has pushed back against a threat from the United States to exclude it from the 2026 G20 Summit. Responding on 30 November, President Cyril...

Hybrid financing models are reshaping Africa’s energy sector as traditional private equity acquisitions decline but clean investment grows upwardly Sun King’s $156m securitization shows how PAYG solar assets can attract local banks, DFIs and investors to expand affordable energy access Now.! Regulatory progress and wheeling-ready platforms are enabling scalable clean power...

Government in talks with Arial Metrics to test drone-based aerial seeding Planned technical partnership aims to launch trials in the next reforestation season Country faces a sharp drop in forest cover, losing 11% in the past decade Madagascar’s Ministry of Environment and Sustainable Development is in discussions with the local company Arial Metrics, which provides...

Valterra Platinum stock doubles on the JSE in 2025 after its split from Anglo American Rising platinum group metals prices drive gains across global listings Market cap reaches 328 billion rand as demand, supply shocks, and investor interest grow A few months after its separation from Anglo American, Valterra Platinum (formerly Amplats) is set to close the 2025 financial year...

Wise, a UK fintech, has received conditional approval to operate directly in South Africa, marking the company’s first regulated, on-the-ground presence and local licence in any African market. South Africa’s remittance market is growing fast. It’s expected to reach $415.40 million by 2033, driven by digital adoption. Wise enters a competitive space. Rivals include Mukuru...

Zazu raised $1 million in pre-seed funding to enter South Africa and Morocco ahead of a 2026 Africa-wide rollout. Over 1,000 SMEs are on the waiting list to access the full version of the platform, with 50 already testing the beta. The founders, former Solarisbank executives, aim to build an operating system for African SMEs. Zazu raised $1 million in pre-seed funding...

IFC provides $28.3 million in guarantees to support a new issuance financing up to 600,000 new electricity connections under the PEPT program. Côte d’Ivoire targets universal access by 2030, requiring 17 million additional connections. Renewables must reach 45% of the power mix by 2030 to meet rising demand. Côte d’Ivoire continues to expand access to electricity with financing...

FG Gold secured $330 million from AFC and Afreximbank for Baomahun, bringing total commitments to $430 million. The project aims to deliver Sierra Leone’s first large-scale commercial gold mine, with first gold expected in 2025. The mine could support up to 900 jobs and contribute around 10% of national GDP. FG Gold said it secured $330 million in financing from Africa...