Egypt freezes residential electricity tariffs until January 2026 Inflation eases; subsidies keep power below actual cost Industrial, EV charging tariffs adjusted amid fiscal pressures Egypt will not raise residential electricity tariffs before January 2026, Electricity Minister Mahmoud Esmat announced, according to local media reports on Sunday. The decision follows weeks of...

Egypt signs deals to finance 1.1 GW Dendera solar project Plant to cut EgyptAlum emissions 30% under 25-year PPA Project supports Egypt’s 10 GW renewables, EU export compliance Egyptian Ministers Mohamed Shimi (Public Business Sector) and Rania Al-Mashat (Planning) on Monday attended the signing of letters of intent to finance the Dendera solar project, which will supply...

Germany grants €18M to boost Rwanda’s social protection system Funds to support poverty reduction, expand Vision Umurenge Program Aid aligns with national goals on malnutrition, safety nets, education The Rwandan government and Germany, through the German Development Bank (KfW), signed a €18 million ($21 million) grant agreement on Monday to strengthen Rwanda’s...

Kenya to launch sovereign wealth, infrastructure funds for growth Funds to reduce debt reliance, finance key national projects High public debt, protests challenge fiscal reform efforts Kenya will set up a sovereign wealth fund and an infrastructure fund to drive economic growth and cut dependence on commercial borrowing, President William Ruto said on Sunday. We are going to...

 Algeria to invest $60B in energy from 2025-2029 80% earmarked for oil and gas exploration, production Renewables, hydrogen, and cleaner fuels part of transition plan Algeria plans to invest $60 billion in energy projects between 2025 and 2029, with most of the funding directed toward upstream oil and gas, Energy and Mines Minister Mohamed Arkab said on...

Nigeria is negotiating a $2 billion loan from China Eximbank to build a national “super grid.” The project aims to stabilize electricity supply and revive industrial production. Over 200 companies now self-generate power, highlighting deep inefficiencies in the national grid. Nigeria is negotiating a $2 billion loan with the Export-Import Bank of China (China...

The Philippines plans to extend its rice import ban until April to support local farmers. A limited one-month import window in January will allow only 300,000 tons. The move could weigh further on global rice prices, already at an eight-year low. The Philippines is considering extending its rice import ban until April next year, Agriculture Secretary Francisco Tiu Laurel Jr...

The new EAT-Lancet report urges a major shift toward plant-based diets worldwide. It recommends limiting red meat to 15 grams per day to improve health and curb emissions. The proposal has reignited debate, especially in developing regions where meat intake is already low. More than six years after introducing the “Planetary Health Diet” (PHD), the EAT-Lancet Commission—a...

Senegal has adopted a 10-year national plan to strengthen local seed production. The strategy aims to improve quality, traceability, and private investment in the sector. It seeks to reduce heavy reliance on imported horticultural seeds, which cost up to CFA30 billion yearly. Senegal has adopted a national seed sovereignty strategy, a 10-year plan developed by key stakeholders...

President Peter Mutharika has reappointed Joseph Mwanamvekha as Malawi’s finance minister. The country faces high inflation, a currency shortage, and heavy debt. Mwanamvekha’s return aims to restore fiscal discipline and rebuild confidence. President Peter Mutharika has appointed Joseph Mwanamvekha as Malawi’s new finance minister through a decree signed on Sunday, October 5....