Nigeria faces $34.5B power gap to reach 2030 electricity goal Aging grid, poor metering, and financing delays hinder progress Only one-third of 13,500 MW capacity reaches national grid Sector stakeholders meeting at the Nigeria Energy Conference that opened on Tuesday, Oct. 28, 2025, said Nigeria faces a $34.5 billion investment gap to achieve universal electricity access by...

New Sonatrach head vows shift toward renewables and resilience Plans include solar at oil sites, green hydrogen, carbon capture Algeria targets 30% renewables by 2035, but progress remains slow Noureddine Daoudi, a geologist, has announced plans to align Sonatrach, Algeria’s national oil and gas company, with the country’s energy transition strategy. Appointed head of Sonatrach on...

Madagascar unveils 29-member cabinet after military-led transition Protests over shortages ousted president; AU suspends Madagascar Economic outlook worsens; S&P cuts growth forecast to 3% Madagascar’s transitional president, Colonel Michael Randrianirina, officially announced the members of his new cabinet in a presidential decree on Tuesday, Oct. 28, 2025, just days after taking...

Resolute cuts 2025 gold output forecast to 275-285k ounces Syama mine underperforms due to rain, lowers production target Mako mine exceeds expectations, now targets 102k ounces Resolute Mining has lowered its 2025 annual gold production forecast to between 275,000 and 285,000 ounces, down from a previous range of 275,000 to 300,000 ounces. The Australian company announced the updated...

ARC Ltd. and Milliman launch climate risk scholarship for Africans Program offers full funding, internships, and actuarial training Aims to boost local disaster risk and insurance expertise The African Risk Capacity Ltd. (ARC Ltd.), an African Union agency specializing in disaster risk management, has partnered with international consulting firm Milliman Inc. to launch a scholarship...

Nigeria launches 1Gov Cloud to digitize environmental data management Platform aims to boost efficiency, cut costs, and reduce carbon footprint Initiative supports national digital agenda and inter-agency coordination efforts Nigeria’s Ministry of Environment has launched the 1Gov Cloud Digitalization Program to modernize its services and improve environmental data management through a...

Tool supports 4 languages, expands digital access nationwide Part of MTN’s digital inclusion and Smart Rwanda strategy MTN Rwanda unveiled a prototype artificial intelligence (AI) tool, Ms. Baza, at the Mobile World Congress in Kigali last week. The virtual assistant is designed to expand access to digital services and narrow the country’s digital divide. Ms. Baza is part of...

CMOC limited cobalt revenue losses despite a 36% export drop in 2025 by cutting costs, improving margins, and leveraging higher prices. The firm achieved full Copper Mark recertification and an AAA ESG rating, reinforcing its lead in responsible mining amid export constraints. A US$1.084 billion expansion at Kisanfu underscores CMOC’s confidence in the DRC and its long-term strategy...

Orange Morocco introduced “Live Intelligence,” a generative AI platform for businesses. The solution automates content creation, data analysis, and internal workflows. The launch strengthens Orange’s digital and cloud offerings amid rising B2B demand. Orange Morocco launched “Live Intelligence,” a generative artificial intelligence platform for businesses, on Tuesday,...

Lukoil plans to divest all its overseas assets, including projects in Africa. The move affects stakes in Nigeria, Ghana, Congo, and Egypt. The sale follows Western sanctions restricting the company’s foreign operations. Russian oil company Lukoil announced on October 27 the launch of a process to sell all its assets held outside Russia. The company cited restrictive measures...