YJC Power to partner with Hyacinth Automotive on a lithium-battery factory Project aims to support local production and strengthen Tunisia’s EV ecosystem Initiative positions Tunisia as a regional hub for energy-storage technology JC Power, a Chinese company specializing in energy-storage systems, plans to build a lithium-battery plant for electric vehicles in Tunisia in...

U.S. offers up to $150 million under a performance-based funding mechanism Expansion aims to reach 15,000 health facilities and 100 million people African governments must fund up to 80 % of costs, raising fiscal concerns The U.S. State Department has announced a landmark grant of up to $150 million to support Zipline, the San Francisco-based leader in autonomous...

Perseus submits offer to acquire all shares of Predictive Discovery Bid values Predictive at $1.4 billion, above terms of merger with Robex Move positions Perseus to add Bankan to its portfolio and expand in West Africa Perseus Mining said in a note published on Wednesday, December 3, that it has submitted an offer to acquire all outstanding shares of fellow Australian...

Government allocates 25,000 hectares to Pan Tanzania Agriculture Development Project includes a 809-hectare export processing zone and multiple factories Modern farms and 10,000 smallholders will supply raw materials for processing In Tanzania, the Ministry of Planning and Investment announced on November 29 that it has allocated a 25,000-hectare estate to the private company...

Dakar launches a CFA400 billion public offering, its largest of 2025 Funds will partly refinance short-term bank debt through longer maturities Heavy refinancing needs and rising debt keep pressure on domestic rates The Senegalese Treasury has opened a public offering (APE 4) from December 2 to December 22 seeking CFA400 billion ($710.2 million). This is the country’s largest...

Countries sign a memorandum of understanding on military cooperation Agreement concluded during Egypt’s 4th Defense Exhibition Chiefs of staff discussed shared priorities and future partnership areas En marge du 4ᵉ Salon de la défense égyptienne, le chef d’état-major des Forces de défense rwandaises, le général MK Moubarakh, et son homologue égyptien, le...

Perenco uses gas from Badila to supply electricity to Moundou Chad remains among the top 15 countries with the highest gas flaring Lack of gas networks and processing plants limits broader utilization Perenco, the Franco-British company operating the Badila and Mangara oil fields in the Doba Basin, is now using part of the associated gas from these sites to generate electricity...

GDP expands 0.5% after 0.9% in the previous quarter, Stats SA reports Mining, agriculture, trade, and services record continued growth Energy constraints and logistics disruptions keep pressure on the economy South Africa’s gross domestic product (GDP) grew 0.5 % in the third quarter of 2025, down from a revised 0.9 % in the previous quarter, according to the latest...

Presco secures $100M from SIAT NV, capitalising on Nigeria's "market premium" where local palm oil prices far exceed international parity. Revenue surged 120% to €156.2 million in 9 months, proving that strong domestic pricing power effectively insulates returns against Naira devaluation. Controlled by Saro Africa, the firm eyes a potential $1bn expansion to bridge...

Longtime CEO John Borshoff exits, with CFO Craig Barnes named interim head Company advances Tumas uranium project but delays investment decision Successor will guide shift from exploration to uranium production The Australian company Deep Yellow, active on the Tumas uranium project in Namibia, announced on October 20, the departure of John Borshoff, its chief executive officer...