Foreign firms secured $1.4 billion in mining contracts vs. $452 million for locals Local suppliers face challenges meeting strict industry standards Authorities promote financing and matchmaking to boost local content Foreign suppliers secured CFA810 billion ($1.4 billion) worth of contracts in Senegal’s mining sector in 2021, while local suppliers obtained just CFA256...

Government targets tech hubs, skills development, and startup funding Over 21 million young Tanzanians already active in digital sectors Internet subscriptions surged 86% between 2020 and 2024 Tanzania is positioning itself to become a leading digital innovation hub in East Africa, leveraging its youthful population and growing startup ecosystem. Ranked 7th in the 2024 East African...

Lion Group to explore and exploit gold, copper, and manganese in Algeria Malaysian firm plans $8 billion investment in metallurgy and steel sectors Mega project to be established in Boumerdès over 300-hectare site Malaysian conglomerate Lion Group has signed a memorandum of understanding with Algeria’s National Company for Mining Research and Exploitation (Sonarem) to...

African Development Bank to support Ghana’s large-scale infrastructure drive Plan seeks to mobilize pension fund assets and boost regional development Road and rail upgrades aim to improve mobility and trade connectivity The African Development Bank (AfDB) has pledged support for Ghana’s $10 billion ‘Big Push’ infrastructure strategy, with a focus on strengthening the...

Government seeks to revise unemployment metrics to reflect informal labor Official jobless rate at 32.9% may drop to 10% if informal work is included Reform aims to improve policy targeting for training, credit, and support South Africa’s government is exploring changes to how unemployment is measured in an effort to capture the country’s large informal workforce and improve...

• FAO and WFP list Sudan, Nigeria, DR Congo, and others as hunger hotspots through Oct. 2025• Armed conflict, climate shocks, and shrinking aid access driving severe food insecurity• Some countries show signs of resilience through reforms, peace talks, or leadership change The United Nations Food and Agriculture Organization (FAO) and the World Food Program (WFP) issued a joint report on...

As Africa continues to emerge as a global hub for digital growth, this partnership represents a bold step toward an AI ecosystem that is not only inclusive but authentically African. Vambo AI, an African language AI platform, has announced a partnership with Cassava Technologies, a pan-African technology company, to co-develop African-trained large language models (LLMs) tailored to the...

• Wheat imports rise 7% in 2024/2025, exceeding 30 million tons for first time• Nigeria, Kenya, and Sudan account for 37% of regional demand• EU and Russia supply most of the region’s wheat needs Sub-Saharan Africa has reached a record high in wheat imports, surpassing 30 million tons for the first time in the 2024/2025 season, marking a 7% increase from the previous year. The data,...

• FAO forecasts 10.4 million tons of sugar production across Africa• Egypt, Kenya, and Morocco to drive nearly 90% of the increase• Growth defies global trend, with worldwide output expected to fall 4% Africa’s sugar production is projected to rise to 10.4 million tons by the end of the 2024/2025 agricultural season, according to a June 1 report from the Food and Agriculture Organization...

• Egypt to receive €21 million EU grant via EIB for decarbonization efforts• €23 million earmarked for recycling, emissions cuts, and greener industry• Country targets 42% renewable energy share by 2030 amid $246 billion plan Egypt has signed a new agreement with the European Investment Bank (EIB) to support its transition to a greener industrial sector. The deal,...