Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two internationally awarded films in 2025 Senegal and Morocco have resumed talks on their film industry partnership. On Sunday, Feb. 15, the director of the Moroccan Cinematographic Center, Reba Benjelloun, and Senegal's Secretary of State for Culture,...

Pictet opens first African office in South Africa Group manages $955 billion in assets South Africa hosts 41,100 dollar millionaires in 2025 Geneva-based Pictet Group has opened a representative office in South Africa after receiving regulatory approval from the country's prudential authority. Several local media outlets reported the move on Monday, Feb. 16, 2026. The office marks...

NSIA Finance becomes NSIA Capital to reflect broader investment ambitions Group aims to mobilize more capital and expand advisory and funding roles Move comes as Côte d’Ivoire’s financial sector continues to grow NSIA Group announced on February 17 that it has officially renamed its brokerage and asset management subsidiary. NSIA Finance will now operate as NSIA Capital, a change the...

Production could rise to 25–30 million tons this year, from about 10 million in 2025 Growth driven by ArcelorMittal’s $1.8bn expansion and new mining entrants Iron ore remains central to public revenue and export earnings Liberia could increase its iron ore production to between 25 million and 30 million tons as early as this year, up from about 10 million tons in 2025. The...

First group of 500 trainees begins “train-the-trainer” program in Kinshasa 200 top performers will be selected to train others nationwide Five-year deal with Cisco and Cybastion targets jobs in tech fields The government of the Democratic Republic of Congo said on Monday, February 16, that it has completed the first phase of a train-the-trainer program in Kinshasa, part of a national...

Agreement with Gécamines could extend KCC mine life into the 2040s Copper output target raised toward about 300,000 tons a year Move comes as Glencore negotiates sale of 40% stakes in its DRC mines Glencore has secured access to additional land around its KCC copper-cobalt mine in the Democratic Republic of Congo, positioning the operation to run into the 2040s even as the Swiss mining...

Five local banks to mobilize CFA41.2bn ($74.4m) for Grand-Zambi mine Funding to be refinanced through BEAC’s “Window B” for productive sectors Project targets 1.3 million tons of iron concentrate annually for export G-Stones Resources, developer of the Grand-Zambi iron ore project in southern Cameroon, is set to receive total financing of CFA41.2bn (about $74.4m) from a...

21 MW solar plant to supply about 30% of Motheo mine’s power needs Seven-year lease-to-own model avoids upfront capital spending Project reflects growing shift to solar in African mining Release, a subsidiary of Norwegian energy group Scatec, announced on February 12 that it has signed a seven-year leasing agreement for a 21 MW solar power plant to supply the Motheo copper mine near...

Feasibility study identifies 8.3 MW technical potential at Ngqura Project still pending regulatory approvals and investment decision Could become Africa’s first commercial wave power plant Swedish developer Eco Wave Power announced on February 17 the completion of a feasibility study launched in July 2025 with Africa Great Future Development Ltd (AGFDL) to install a wave energy plant at...

Net profit reaches CFA413.6bn ($744m), with 21.5% margin Data and broadband fuel revenue growth of 8.3% to CFA1,923bn Board proposes CFA1,933 dividend as cash flow remains strong Senegalese telecom group Sonatel closed 2025 with consolidated net profit of CFA413.6bn ($744m), up 5.1% from 2024, representing a net margin of 21.5%. Net income attributable to the group stood at CFA341.9bn,...