Port of Lomé ranks 92nd globally with 2.06M TEUs in 2024 Deep-water access, transshipment growth drive competitive edge €127M expansion to boost capacity, handle mega-vessels by 2027 The Port of Lomé is cementing its status as a major regional platform, rising to 92nd place in the 2025 ranking by Lloyd’s List, the global shipping reference. This position marks a one-place gain from...

$56M upgrade aims to ease congestion, boost port efficiency Part of R4B plan to modernize South Africa’s main terminals South Africa's state-owned freight logistics operator, Transnet, on Thursday, October 24, 2025, began commissioning four new Ship-to-Shore (STS) cranes at Pier 2 of the Durban Container Terminal (DCT). The equipment is part of a 967 million rand (about $56 million)...

NGE wins two contracts for sanitation, coastal protection in Senegal Projects target Dakar’s Hann Bay and Gorée Island erosion Reflects NGE’s shift toward climate, heritage infrastructure in Africa NGE (Nouvelles Générations d'Entrepreneurs), a leading French construction and civil engineering group, has confirmed two new construction contracts in Senegal, where it has a...

Gabon mandates local reinsurance use before foreign transfers Policy aims to curb capital flight, boost premium retention Insurance market revenue hit $256M in 2024, driven by growth The Gabonese government adopted a draft decree during a Cabinet meeting on Thursday, October 23, 2025, requiring insurers to fully use domestic insurance and reinsurance capacity before transferring any...

Cameroon to exempt biofuel equipment from customs duties by 2026 Incentives aim to cut firewood use, boost green energy production Biogas, pellets, eco-charcoal sectors targeted for industrial growth The Cameroonian government plans to launch an investment incentive program for the biofuels sector starting in 2026. To achieve this, the government will introduce customs exemptions on...

Firms must offer stable jobs, reduce expat-local pay gaps Inspections, salary scales planned to enforce labor reforms The Gabonese government plans a set of measures to end job insecurity in the oil sector. At a meeting held on Tuesday, October 21, in Libreville, Petroleum and Gas Minister Sosthène Nguema Nguema and Labor Minister Patrick Barbera Isaac met representatives of the National...

Platform links local, diaspora talent with manufacturing support Aims to boost industrial self-reliance, reduce import dependence Burkinabe President Ibrahim Traoré announced Friday, October 17, the launch of "Faso Andubè," a new digital platform dedicated to promoting Burkinabe talent in the scientific, technical, and technological fields. The initiative aims to enable inventors and...

Project to create 1,200 factories, 150,000 jobs in Kinshasa Part of $50B plan to expand capital, diversify economy On Oct. 23, the Democratic Republic of Congo (DRC) signed an agreement with the Sino-Congo Special Zone (SCSZ) consortium to build the China-Congo Industrial City. The project is part of a broader plan to extend Kinshasa’s development eastward into the Maluku...

Orion CMC launches with $1.8B to secure critical minerals U.S., allies target emerging markets like Africa for supply Strategy counters China’s dominance in global mineral trade Orion Resource Partners, a metals-focused investment firm, announced Thursday, October 23, the formation of a new consortium, Orion Critical Minerals (Orion CMC). The entity was launched with $1.8...

Internet access rising, but usage gap persists globally Low digital skills hinder online participation Women, elderly, rural groups most affected Fourth and fifth generation (4G and 5G) mobile technologies are projected to account for 75% of total African connections by 2030, a significant increase from 47% in 2024, according to a report released Tuesday, October 14, 2025, by the GSM...