Kenya allocates 5% of 2025 disaster budget to early warning systems UNDRR pegs 2024 climate disaster losses at $1.4B EW4All initiative aims for universal early warning coverage by 2027 Kenya has launched the "Early Warnings for All" (EW4All) initiative to strengthen national and community resilience against climate-related disasters. The announcement was made via a...

NNPC fails to deliver petrol despite $2.4B spent on refinery rehab Dangote’s refinery supplies bulk of fuel but operates below full capacity Fuel imports persist, costing Nigeria $9.63B in 2024 Despite investing around $2.4 billion since 2021 to revive public refineries, the Nigerian National Petroleum Corporation (NNPC) has failed to supply petrol to the local...

Mining firms ask for postponement of 5% tax on lithium concentrate exports Industry wants tax applied only after processing plants start by 2027 Sinomine pledges $500 million for local lithium refinery Mining companies in Zimbabwe are urging the government to suspend a planned 5% tax on lithium concentrate exports, arguing it should only take effect once local processing...

Perched high in the northeastern hills of Nigeria, near the Cameroonian border in the Adamawa mountains, the cultural landscape of Sukur reveals itself as a world apart. This exceptional site bears witness to centuries of architectural and agricultural expertise, shaped in the heart of a rugged yet majestic mountainous environment. For generations, the Sukur community has molded this land in its...

• Ecobank Transnational issues $125M in senior bonds, totaling $525M outstanding• Funds will refinance maturing debt and boost financial flexibility• Strong investor demand offsets challenges at Nigerian subsidiary Ecobank Transnational Incorporated (ETI), a pan-African banking group headquartered in Lomé, Togo, has announced the successful issuance of $125 million through...

• Mali to acquire 25% stake in Goulamina lithium mine under 2023 mining code• Total 35% share includes 10% free and 25% paid participation from Ganfeng Lithium• $34.3M cost to be reimbursed through 20% of annual dividends over time Agence Ecofin reports that, under Mali’s 2023 mining code, the government has the right to acquire a 25% stake in mining projects, in addition to a 10%...

• Algeria Telecom partners with ANGEM to deploy fiber using local microenterprises• Microcredit-backed firms will handle cabling, trenching, and maintenance tasks• Initiative aims to improve coverage, reduce costs, and foster entrepreneurship Algerian authorities aim to cover all regions of the country with fiber optic infrastructure. In line with this objective, Algeria Telecom plans to...

• Zanzibar begins €180 million ($204 million) upgrade of Pemba Airport• New runway and terminal to allow direct commercial flights to the island• Project aims to boost tourism, trade, and regional air connectivity After years of anticipation, Zanzibar’s government announced yesterday the start of modernization works at Pemba Airport. The upgrades to the airport on Pemba, the...

• TotalEnergies aims to resume its $20 billion Mozambique LNG project by mid-2025• Project has been suspended since 2021 due to insecurity in Cabo Delgado• Restart could boost GDP, attract investment, and strengthen infrastructure TotalEnergies and its partners plan to restart their Mozambique LNG project, dormant for nearly four years due to security concerns, by summer 2025. The...

• South Africa, Tunisia, and Egypt top the 2025 AI Talent Readiness Index for Africa• North African countries outperform due to strong education and infrastructure• Central and West Africa lag behind amid major challenges in electricity and connectivity South Africa, Tunisia, and Egypt are the African countries best prepared to develop and deploy talent in artificial intelligence (AI),...