Seychelles and Mauritius top Africa’s investment rankings for 2025/26 Côte d’Ivoire climbs eight spots, Nigeria drops nine amid reforms Report ranks 31 economies using 20 indicators across four pillars Two island nations, the Seychelles and Mauritius, rank as Africa’s best investment destinations for 2025 and 2026, outperforming continental giants such as South Africa, Nigeria and...

Algeria dismissed Sonatrach CEO Rachid Hachichi after two years in office. Noureddine Daoudi becomes the third CEO in less than six years. Sonatrach prepares a $60 billion investment plan for 2025–2029. The Algerian government executed a new leadership change at Sonatrach on Sunday, October 26, 2025. The Ministry of Energy and Mines announced the dismissal of Hachichi and confirmed...

Ghana targets carbon neutrality by 2070 under a $550 billion transition plan.  Renewables represent less than 2% of the energy mix while fossil fuels exceed 60%. The plan expects to create about 400,000 jobs by 2060. Ghana advances its path toward carbon neutrality by 2070 under the National Energy Transition Plan (2022–2070). The government aims to increase the share of...

President Netumbo Nandi-Ndaitwah removes Industry, Mines and Energy Minister Natangwe Ithete. Namibia seeks to accelerate development of offshore hydrocarbons and green hydrogen. Mining contributed 14.4% of GDP in 2023 and includes uranium, diamonds and gold. The presidency announced on Sunday, October 26, the dismissal of Natangwe Ithete as Minister of Industry, Mines and Energy....

Nigerian financial group Finmal Finance presented plans to Chad authorities to establish the country's first Islamic bank. The initiative aims to diversify Chad's banking sector and expand financial access in a nation where formal banking penetration stands at a low 2.85%. Finmal Finance also expressed interest in investing in Chad's priority sectors: agriculture and logistics. Nigerian...

The government suspended all schools and universities until 9 November due to transport disruptions.  Fuel shortages stem from repeated jihadist attacks on tanker trucks supplying Mali.  Only six hours of electricity are available daily in some regions, with severe gas shortages. Mali closed schools and universities until 9 November as the worsening fuel crisis makes commuting...

Inflation declined to 0.8% in September from 1.1% in August.  The rate remains below the 3% WAEMU convergence threshold for nine straight months. Strong harvests sharply reduced food prices including yam (-40%) and tomatoes (-20%). The National Institute of Statistics and Economic and Demographic Studies (INSEED) reported Togo's inflation rate settled at 0.8% in September 2025. This...

Methane drives about 30% of global warming since the industrial era and warms the planet 80 times faster than CO₂ over 20 years.  Only 12% of 3,500 methane leak alerts in oil and gas operations triggered action in 2025.  More than 150 countries pledged to cut methane emissions by 30% by 2030, yet about 90% of alerts still go ignored. Global methane emissions continue to...

Africa lost 29.6 million hectares of forest between 2015 and 2025. Eastern and Southern Africa account for 53% of the loss. Tree-planting and protected forests increased but remain insufficient. Africa holds 16% of global forest cover, which ranks the continent fourth behind Europe, South America and the region combining North and Central America. The continent continues to record...

Afreximbank’s new president calls for an African digital currency to ease cross-border payments. The plan would build on PAPSS and the Pan-African Currency Marketplace to deepen integration. Elombi also pledges investment in digital infrastructure, trade, and local value creation. Afreximbank’s new president, George Elombi (pictured), has called for the creation of an African...