Projected output: 840,000 ounces of gold (26 tonnes) over 8.1 years. Project valuation: Net Present Value (NPV) of $563 million, Internal Rate of Return (IRR) of 72%. Timeline: Start of production targeted for Q2 2028, feasibility study expected mid-2026.  Canada’s Fortuna Mining plans to bring its Diamba Sud gold project in Senegal into production by mid-2028, aiming for...

The IMF’s October 2025 Fiscal Monitor examines fiscal sustainability and public spending efficiency amid sluggish post-pandemic growth, soaring debt, social pressures, and declining aid to low-income countries in Africa. It asks: how to “do more with less”? Reviving growth requires smarter budget composition and greater efficiency, not higher spending—essential for addressing the...

Headline inflation fell to 18.02% in September 2025, the lowest since June 2022. The Central Bank of Nigeria cut its benchmark interest rate by 50 basis points to 27% to support growth. Food inflation declined to 7.21% in September from 8.05% in August, with similar drops in transport and housing costs. Nigeria’s headline inflation dropped to 18.02% in September 2025, marking its lowest...

WHO and the EU announced an €8 million partnership to expand the Global Digital Health Certification Network (GDHCN) across sub-Saharan Africa. The initiative builds on the EU Digital COVID Certificate model, enabling cross-border verification of vaccination and test records. If effectively implemented, the agreement could boost health system efficiency by up to 15% by 2030 The...

Dasa project faces financing delays; production targeted for 2026 Uranium demand seen doubling by 2040, says WNA Global Atomic has launched a C$20 million (US $14.2 million) public share offering to help finance development of its Dasa uranium mine in Niger, the Canadian company said in a statement on Wednesday, October 15. The move forms part of a broader series of fundraising...

Indonesia may restrict palm oil exports to boost biodiesel B50 mandate could add 5.3M tons in domestic demand Analysts warn of tighter supply, rising global CPO prices Indonesia may regulate crude palm oil (CPO) exports as part of efforts to achieve biodiesel self-sufficiency, Energy Minister Bahlil Lahadalia said on Tuesday, October 14. The world’s top palm oil producer, Indonesia, has...

Ghana firm completes phase 1 of waste-to-fuel project Plant to convert 2,000 tons/day into SAF, biodiesel Project tackles waste, cuts emissions with clean fuel tech F&B Bio Recyclage, a Ghanaian company, plans to turn untreated municipal waste into an energy source through a large-scale waste-to-fuel project. The firm announced in early October that it had completed the first phase of a...

The project is part of a $100 million digital transformation program. It aims to expand 4G access and bridge the urban–rural connectivity gap. The government targets 76 connected sites nationwide by year-end. Congo’s Minister of Posts, Telecommunications, and the Digital Economy, Léon Juste Ibombo, announced on October 13 the activation of 20 high-speed Internet access points in...

Nigeria’s Rana Energy raises $3M to scale solar platform Startup targets 10 MW capacity, expansion to Ghana, Zambia AI-driven network cuts diesel use, energy costs for businesses Nigerian startup Rana Energy announced on Tuesday, October 14, that it has raised $3 million in pre-seed funding to scale its AI-driven clean energy platform. The round included $500,000 in...

Congo connects 20 rural sites to high-speed internet $100M project aims to bridge digital divide by 2030 All 76 sites to get 4G access by end of 2025 Congo’s Minister of Posts, Telecommunications, and the Digital Economy, Léon Juste Ibombo, announced on Monday, October 13, the launch of 20 new high-speed internet access points in rural areas. The initiative, unveiled during a visit by...