• Gabon signed a memorandum of understanding (MoU) with Italy’s Todini Costruzioni Generali for two hydropower projects in Booué and Tsengué-Lélédi.• The combined cost of the projects is estimated at $1.78 billion, according to the Programme for Infrastructure Development in Africa (PIDA).• The projects form part of a 2025–2027 government plan to curb chronic power outages and...

• Tanzania's TTCL expands its "Faiba Mlangoni Kwako" fiber internet project as the nation's subscriber base soars to 54 million, a 107% jump.• As 4G technology dominates Tanzania's internet market, the FTTH sector is still in its infancy, with only 83k users, but it shows rapid and promising subscriber growth.• Despite spearheading the national fiber project, state-owned TTCL holds a mere...

• Companies with annual revenue above CFA5 billion ($8.8 million) will be required to build headquarters in Burkina Faso.• Firms will have six months to present construction plans once the law takes effect, with tax incentives provided for compliance.• The measure aims to boost local investment, job creation, and state revenue while improving urban infrastructure. The Burkinabe government...

• Toubani Resources plans to raise $259 million (AUD 395 million) to fund development of the Kobada gold project in Mali.• The company targets a final investment decision (FID) by end-2025 and aims to start production by Q3 2027.• The Kobada mine is expected to produce 1.49 million ounces of gold over 9.2 years, requiring an initial investment of $216 million. Toubani...

• Senegal plans to cut corn imports by 20% by 2026, equivalent to about 103,000 tons based on 2024 levels.• The strategy relies on the $400 million Africa Agricultural Acceleration Program (AAAP) backed by the World Bank Group.• Domestic corn production covered 172,200 hectares in 2023/2024, with an average yield of 3.29 tons per hectare, according to the national statistics...

• The Nigerian Communications Commission (NCC) will launch a Digital Connectivity Index by end-2025 to rank all 36 states and the federal capital by broadband readiness and digital infrastructure.• Nigeria plans to deploy 90,000 km of new fiber optic cables under the $1.6 billion BRIDGE project, supported by the World Bank, AfDB, EIB, and IsDB.• The initiative aligns with the National...

• Côte d’Ivoire reduced its budget deficit from 6.8% of GDP in 2022 to 4% in 2024, according to the World Bank.• The government targets a deficit of 3% of GDP by end-2025, in line with the UEMOA convergence criterion.• Fiscal improvement came from stronger revenue mobilization, reaching 14.1 trillion CFA francs in 2024, and controlled spending growth. Côte d’Ivoire has reduced its...

• The Initiative: The Comoros is partnering with the UN to launch a digital strategy aimed at modernizing its agriculture, a plan established during a national workshop held from October 6 to 8, 2025.• The Stakes: This is critical for the nation's agricultural sector, which makes up 36.6% of the GDP but faces severe risks from climate change and a heavy reliance on imports for 90% of its...

• PIC launches US$71.5m fund to back early-stage mining and finance in South Africa’s exploration pipeline.• Half of the funds reserved for domestic projects focus on energy-transition minerals, such as copper and lithium.• The move aims to close the financing gap and support the growth of locally owned miners through venture-style investment. The Public Investment Corporation (PIC),...

Sawiris family trims Endeavour stake to 14.86% after selling 367,534 shares worth CAD 22.2 million, per Oct 9 2025 filing. La Mancha, Sawiris’ investment arm, remains a key shareholder in Endeavour Mining despite gradual portfolio adjustments. The share sale coincides with gold prices surpassing US $4,000 per ounce, marking record highs in global precious-metal...