$308M Boankra dry port aims to handle 2M tons of freight per year Project to ease pressure on Tema and Takoradi, boost regional trade Long-term success hinges on rail upgrades and fiscal sustainability Ghana bets on the Boankra Inland Port to advance its National Logistics Strategy. Worth an estimated $308 million, the logistics platform under construction near Kumasi in the...

Senegal secures $2.25 billion deal to boost energy, agriculture, and small businesses New trade financing agreements support food and fuel imports in West Africa Nigeria, Cameroon, and Algeria benefit from fresh support for private sector growth The International Islamic Trade Finance Corporation (ITFC), part of the Islamic Development Bank (IsDB) Group, finalized a series of...

Jetour and Egypt’s Kasrawy Group sign $123M deal for local assembly Plant to be built in October 6 City Industrial Zone on 86,000 sqm site Project supports Egypt’s goal to join Africa’s top 3 auto producers Egypt continues its automotive industry localization plan with partnerships involving several multinationals, underpinning its ambition to become a leading car...

CEO Jakob Stausholm to step down; succession process underway Stausholm joined in 2018, led the group since January 2021 No details shared on timeline or potential replacements Anglo-Australian mining group Rio Tinto revealed yesterday it has begun a formal selection process to appoint a new CEO. The announcement comes as current chief executive Jakob Stausholm is expected to leave...

U.S. revokes Harvard’s ability to enroll new international students over alleged misconduct. About 6,800 foreign students, including many Africans, must transfer or leave the country. Nigerian students, a major presence at Harvard, face serious disruption. The U.S. Department of Homeland Security announced yesterday it has revoked Harvard University's certification under the...

Donald Trump accuses South Africa of allowing violence against its white population  Cyril Ramaphosa rejects the claim, stressing democracy, dialogue, and accountability South Africa calls for U.S. cooperation on crime-fighting tech and focuses on trade ties South African President Cyril Ramaphosa has responded calmly to harsh allegations made by former U.S. President Donald...

• Ministry launches 2025 scholarships for mining professionals and students• Training covers six fields, including geosciences and mining management• Applications open from May 19 to June 30 via the ministry’s website To stimulate the growth of its burgeoning mining sector, Côte d’Ivoire is investing in local skills development. This goal has, in recent years, been supported through...

• The circular economy could create 7 to 8 million jobs globally, says ILO report• Countries like Ghana, Benin, and Burundi are investing in local crafts and skills training• Circular projects blend job creation, environmental protection, and social inclusion The circular economy is quickly gaining ground in Africa as a smart way to fight waste, protect the environment, and create jobs. A...

• Dangote signs deal with US firm Vinmar to export Nigerian polypropylene• New $2B plant targets 830,000 t/year capacity, 600,000 t for export• Nigeria aims to cut $407M in imports and build a global presence Nigeria, hitherto heavily reliant on polypropylene imports, is poised for a major industrial shift in this sector. This plastic, used in packaging, textiles, and...

• British firm Tullow launches new campaign at key offshore oil field in Ghana• Jubilee output declining due to field maturity; 40% of reserves already tapped• Effort comes as Ghana’s energy sector faces over $3 billion in debt Jubilee is one of Ghana's most prolific oil reserves, but in recent years, oil production from this offshore hydrocarbon deposit has shown signs of slowing...