Now far behind the Democratic Republic of Congo, Zambia was Africa’s leading copper producer in the second half of the 20th century. The southern African nation unveiled a growth strategy several years ago to reclaim that position, and implementation is now well underway. Prospect Resources said on Monday it had raised A$45 million ($31.8 million) for its Mumbezhi copper project in Zambia. The...

Regulator orders ISPs to block major platforms nationwide Move risks economic disruption amid 850,000 active users Gabon’s media regulator on Tuesday ordered the immediate suspension of social media platforms nationwide, citing the spread of content it described as defamatory, hateful or threatening to national security. The High Authority for Communication said in a statement...

Enko Education secures $46 million to fund expansion $22 million loan from Standard Bank announced February 17 Group aims to triple enrollment to 20,000 by 2029 Enko Education, the education arm of investment fund Enko Capital, has closed a $46 million funding round. The round includes a $22 million loan from South African bank Standard Bank, according to a...

Algeria Telecom to deploy 345 4G stations nationwide First phase installs 195 stations, second adds 150 Plan aims to boost coverage, speed, reliability nationwide State-owned operator Algeria Telecom announced on February 15 a plan to expand its 4G coverage nationwide, with the rollout of 345 base stations across 44 provinces. According to the company, the first phase,...

Around 50 Emirati investors held talks in Libreville Discussions covered stock platforms, cross-border transfers, digital bank No agreements or specific investments announced A delegation of about 50 investors from the United Arab Emirates visited Libreville on February 16, 2026, to explore cooperation opportunities in Gabon’s digital and financial sectors. The group met...

Jobless rate drops 0.5 points to 31.4%, lowest since Q3 2020 Gains in services, construction, finance, agriculture offset losses Broader rate including discouraged workers stands at 42.1% South Africa’s unemployment rate declined to 31.4% of the labor force in the fourth quarter of 2025, its lowest level since the third quarter of 2020, according to data released on...

ZCCM in talks with Mercuria to market its share of copper output Congo’s Gécamines already exporting directly, targets 500,000 tons IEA warns global copper supply gap could reach 30% by 2035 ZCCM Investments Holdings, the mining company majority-owned by the Zambian state, plans to move into copper trading. Chief Executive Kakenenwa Muyangwa told Bloomberg on February 17...

70% fall in cocoa prices since late 2024 peak shapes discussions Ghana cuts farmgate price by 28.6%; Côte d’Ivoire keeps CFA2,800/kg Unsold stocks, weak demand push prices to two-year low The cocoa industry met in Amsterdam on February 17–18 for the World Cocoa Foundation Partnership Meeting (WCFPM), against the backdrop of a sharp downturn in global prices. More than 500...

Guinea signs partnership with Brazil’s Rio Verde to boost livestock output Over 2,000 purebred Brazilian cows to be introduced at Boké center Move aims to cut dairy imports averaging 9,373 tons a year Guinea’s Ministry of Livestock announced on February 16 it signed a partnership with Brazil’s Rio Verde Group to strengthen animal productivity and output, especially meat...

The fast-growing installment payment market is set to expand sharply across the continent, even as stricter licensing and compliance rules reshape competition and put pressure on smaller fintech firms. Africa's buy now, pay later (BNPL) market is expected to grow from $5.2 billion in 2025 to $16.8 billion in 2031, according to a report published on January 29, 2026, by market research...