The Southern African Development Community (SADC) and FAO are seeking $2.1 billion in investments to modernize agriculture. The funds target four priority sectors: irrigation, mechanization, agro-processing, and trade facilitation. The initiative aims to strengthen climate resilience, boost productivity, and enhance food security for 42 million people. The Southern African...

The Democratic Republic of Congo (DRC) has requested $500 million from the World Bank to fund its part of the Lobito Corridor. The corridor links Angola, the DRC, and Zambia, forming Africa’s first open-access transcontinental rail network. The World Bank expressed interest in the project and will study financing modalities following talks with DRC’s Finance Minister. The...

The government launched a $127.5 billion Integrated Resource Plan (IRP 2025) to add 105,000 MW of power by 2039 and end the electricity crisis. The plan will shift South Africa’s energy mix toward low-carbon sources, reducing reliance on coal for the first time. Eskom’s grid performance has improved, with 154 consecutive days without load-shedding since April 2025. South...

Royal Air Maroc, China Eastern sign aviation cooperation deal Agreement boosts Africa-Asia routes via Casablanca, Shanghai hubs Goal: direct flights, stronger trade and tourism connectivity Royal Air Maroc (RAM) and China Eastern Airlines signed, Monday, a Memorandum of Understanding (MoU), establishing a new phase of aviation cooperation between their respective nations. The...

South Africa, Mauritius top 2025 Africa financial markets index Only 9 of 28 markets improved scores amid global uncertainty Rwanda, Ethiopia posted biggest gains; Cameroon saw largest drop South Africa and Mauritius maintained their positions as having the most developed financial markets in Africa in 2025, according to an October 16 report by South Africa’s Absa Group and the...

Arc, Anglo American end Zambia copper joint venture deal Move shrinks Anglo’s African presence amid global restructuring Arc seeks new partner as Anglo eyes copper growth elsewhere Junior miner Arc Minerals announced Monday the "mutually agreed termination" of its 2022 joint venture with Anglo American for the exploration of a copper project in Zambia. This development marks another...

Morocco to launch $108M plan to boost rural youth jobs Program targets training, co-ops amid 1M agricultural job losses Climate-smart skills key as sector modernizes, adapts to drought Morocco’s Ministry of Agriculture plans a 1-billion-dirham ($108.5 million) national program to support rural employment. The announcement was reported by Hespress on Friday, October 17, citing...

Tunisia promotes olive oil exports during Wuhan trade visit Talks focus on improving logistics, port access in Hubei Strategy targets Asia amid record production, stiff competition A delegation from Tunisia’s Ministry of Trade and Export Development, led by Mourad Ben Hussein, Director General of the Export Promotion Center (CEPEX), visited Wuhan, in China's Hubei Province, as part of...

Colonel leads coup, names businessman transitional Prime Minister Civilian-led government aims to ease diplomatic, donor tensions Military seeks legitimacy after ousting President Rajoelina Colonel Michael Randrianirina, head of the elite CAPSAT corps and the main architect of the October 14 coup, announced on Monday the appointment of businessman Herintsalama Rajaonarivelo as...

National workshop evaluates Guinea’s AI landscape with UNDP support. Authorities plan an ethical and inclusive national AI strategy. Country ranks 49th in Africa on the 2025 AI Talent Readiness Index. Guinean authorities concluded on October 17 the National Workshop for the Assessment of the Artificial Intelligence Landscape (AILA). Organized with support from the United Nations...