Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to informal supply chains EU deforestation law delayed; national traceability efforts expanding Côte d’Ivoire has traced 40% of its cocoa beans from the 2024/2025 season (October–September), according to the 2025 edition of the Cocoa Barometer report, released on Wednesday, October 8, by...

Africa holds 30% of key minerals for green tech. Leaders urge local processing to boost value and profits. Regional initiatives back EV manufacturing, trade, and strategy. Africa holds an estimated 30% of the world’s mineral reserves essential for low-carbon technologies, the backbone of solar power, electric vehicles (EVs), battery storage, green hydrogen, and geothermal...

Senegal and the Federal Republic of Germany signed a €17 million ($19.7 million) financing agreement on October 8 to support vocational training and employment initiatives. The agreement forms part of the second phase of the Vocational and Technical Training and Employment Promotion Project (PFPE 2). Le ministre de l’Économie, du Plan et de la Coopération, @RahmaneSARR , a reçu, en...

An audit by DRC’s Court of Accounts found a $16.8 billion shortfall in mining revenues between 2018 and 2023 due to under-reporting. Prosecutor General Jean Chris Mubanga Musuyu said “70% of companies did not comply” with the 2018 Mining Code. Companies cited include CMOC Group, Glencore, Ivanhoe Mines, Eurasian Resources Group and Ruashi Mining, allegedly under-reporting $10...

Transnet signed a 25-year concession with FFS Tank Terminals to operate and maintain a liquid bulk terminal in Cape Town. The deal includes a ZAR 195.7 million ($11.4 million) investment over three years to modernize infrastructure and double diesel storage capacity. South Africa’s ports rank among the least efficient globally, according to the World Bank, prompting privatization moves to...

Anglo American is divesting from platinum and diamonds, including an 85% stake in De Beers, to focus on copper, iron ore, and crop nutrients. CEO Duncan Wanblad reaffirmed that Africa remains central for future growth, citing its share of about 30% of global critical mineral reserves. The company is pursuing a $50 billion merger with Teck Resources, set to create one of the world’s top...

Alphamin now targets 2025 tin production at 18,000–18,500 tons, up from a revised 17,500 tons in April. The company reported a 26% quarterly output increase in Q3, reaching 5,190 tons. Operations at the Bisie mine were briefly suspended in early 2025 due to rebel activity in eastern Congo. Alphamin Resources Ltd said it expects to produce between 18,000 and 18,500 tons of tin in 2025 at...

• QNB gets license to launch digital bank “ezbank” in Egypt• Move supports financial inclusion, targets Egypt’s unbanked population• Mobile-first platform to drive access using AI and smart tech Qatar National Bank (QNB) announced on Wednesday, October 8, 2025, that it has received a license from the Central Bank of Egypt (CBE) to launch a digital bank in the most populous Arab...

• World Bank raises 2025 growth forecasts for Benin, Mali, Burkina, Côte d’Ivoire• Senegal and Niger see downgrades; Togo, Guinea-Bissau unchanged• WAEMU growth fueled by domestic demand, falling inflation, key sectors The World Bank revised its growth forecasts upward for four countries in the West African Economic and Monetary Union (WAEMU) in its latest "Africa's Pulse" report,...

• Kestrel Capital management completes buyout, forms Theo Capital Holdings• CEO Mwangi to lead digital expansion, regional market access• Firm to digitize brokerage, boost investment products and research Kestrel Capital, a Kenyan investment firm listed on the Nairobi Securities Exchange (NSE), announced on Tuesday, October 7, 2025, that its senior management team had completed a...