Nigeria’s Senate currently reviews a bill proposing the establishment of a National Rice Council to revitalize the sector. The Council aims to coordinate research, extension services, and innovations across the rice value chain, addressing a significant supply-demand gap. Nigeria, Africa's largest rice producer, spends approximately $480 million annually on imports to cover the deficit...

The Suez Canal Economic Zone (SCZONE) secured a 30 billion Egyptian pound (approx. $634 million) long-term financing agreement with Commercial International Bank (CIB). The 17-year loan will fund the modernization of ports (like East Port Said) and infrastructure, and restructure a previous EGP 10 billion debt. The investment aims to strengthen SCZONE's status as a logistics hub and...

Senegal's Ministry of Communication and Digital Economy sent a delegation to Togo for benchmarking on the e-ID project. The mission aims to develop a robust digital identity infrastructure in Senegal, drawing inspiration from the Togolese approach. The visit aligns with the World Bank-supported WURI program ("Unique Identification for Regional Integration and Inclusion in West...

Turaco Gold reported that mineral resources at its Afema Gold Project in Côte d'Ivoire increased by 14% to 4.06 million ounces (Moz). The resource update incorporates new discoveries at Begnopan and Toilesso, alongside additional resources found at Asupiri. The company plans a new resource update in Q1 2026 and expects to finalize a Pre-Feasibility Study (PFS) in...

First Quantum Minerals (FQM) recorded a 9% year-on-year drop in copper production, reaching 104,626 tonnes in Q3 2025. The decline primarily reflects lower output from FQM's Zambian mines, Sentinel and Kansanshi, which contributed 93% of the company's 2024 annual production. FQM revised down its full-year 2025 copper production guidance to a maximum of 410,000 tonnes, from an initial...

South Africa seeks private investment to modernize passenger rail PRASA reactivates 35 corridors, carried 77M passengers in 2024 Plans include high-speed trains, ticketing system, fiber network use South Africa’s Ministry of Transport has invited private companies to express interest in investing in passenger rail services, as part of efforts to stabilize the Passenger Rail Agency of...

Budget prioritizes transport under transformation agenda XOF 472B allocated to roads, rail; key corridors to be upgraded Casamance, airports, and ports targeted for regional integration Senegal’s proposed 2026 Finance Bill, unveiled on Thursday, Oct. 16, makes the transport sector a top priority of its spending plan. In line with the National Transformation Agenda (ANT) and the Economic...

Senegal appoints 150 energy managers to cut public sector use Goal is 30% energy savings in government buildings Part of Vision 2050 push for clean energy sovereignty Senegal’s Ministry of Energy, Petroleum, and Mines announced the appointment of 150 new energy managers on Monday, Oct. 27, as part of a 2024 program to improve energy efficiency in public buildings. According to officials,...

Ramaphosa tours Indonesia, Vietnam, Malaysia to deepen ties Agreements span trade, defense, energy, and strategic partnerships Trip aims to offset weak growth, high unemployment, U.S. tariffs South African President Cyril Ramaphosa completed a diplomatic tour of Indonesia, Vietnam, and Malaysia from Wednesday, Oct. 22, to Monday, Oct. 27, 2025, aimed at forging strategic partnerships with...

AMEA Power holds 77.5% of 5.34 GW portfolio in Africa Active in 15 African countries with solar, wind, storage projects Linked to $1.2B UAE-backed plan to deliver 15 GW by 2030 AMEA Power, a leading player in Africa’s energy transition, said in its Sustainability Report 2024 (released October 2025) that 77.5% of its total energy portfolio is located in Africa, representing 4.14 GW...