The Congolese franc has strengthened 6.7% against the US dollar this month, reaching its strongest level since Jan 2024. Tight fiscal and monetary policies, plus a weaker dollar, support the franc, but risks from deficits and imports remain. Despite lower inflation, exports are down and reserves face pressure, leaving the currency’s stability precarious. The Congolese franc...

APM Terminals and NPA partner on $60 million container freight electrification The plan is part of a $500 million investment to ease congestion in Nigerian ports Onne Port, a hub for oil, gas, and general cargo, will host the project in Rivers State APM Terminals Nigeria and the Nigerian Ports Authority (NPA) announced on September 23 that they have signed a...

Asia Potash plans a $1.6 billion fertilizer production complex in Algeria The project will process phosphate deposits and produce ammonia, urea, and compound fertilizers Algeria holds over 4 billion tons of phosphate reserves as it seeks to diversify beyond oil and gas Chinese group Asia Potash International Investment has expressed interest in building an integrated...

Ghana sealed a $256 million bilateral debt restructuring deal with the UK The agreement unlocks five major infrastructure projects, including key roads Debt ratio fell to 44.9% of GDP in July 2025, down from 61.8% in December 2024 The Ghanaian Ministry of Finance announced this week the country has signed a bilateral debt restructuring deal with the United Kingdom covering...

Kula Gold plans to begin its first drilling campaign at the Wozi niobium project in Malawi in November 2025. The company identified a “strong niobium anomaly” with grades up to 1.08% Nb₂O₅ following mapping and sampling work. Kula intends to secure a rare earth partner to provide technical support while also raising A$2.5 million ($1.6 million) for working...

African finance officials and investors said the continent faces an annual $130 billion funding gap for infrastructure and must better mobilize $4 trillion in underutilized institutional savings. Regional securitization markets have raised CFA1.87 trillion  ($3 billion) since 2016, but this accounts for just 2% of BRVM’s market capitalization. Speakers urged more...

Mauritania launched Tesjil, a fully digital registration platform for the University of Nouakchott, its largest higher education institution. The initiative is part of the National Higher Education Strategy 2030, which allocates 86 million ouguiyas ($2.14 million) to digitalization. Internet penetration in Mauritania remains low at 37.4% in 2023, raising concerns about students’...

The Global Energy Alliance for People and Planet (GEAPP) pledged $16 million on September 23 to support Mission 300, which aims to provide electricity to 300 million Africans by 2030. GEAPP plans to invest $7.5 billion over the next five years in clean energy deployment, combining philanthropic and public funding to attract private capital. The International Energy Agency...

Human Rights Watch reported multiple cases of harassment, arbitrary detention and abductions of Ethiopian journalists since August 2025. Parliament granted expanded powers to the state media authority in April, deepening restrictions ahead of the 2026 elections. Ethiopia dropped in Reporters Without Borders’ ranking to 145th place, placing it among countries with a “very...

Cameroon and Chad signed a new military cooperation agreement on September 23 to strengthen joint operations against rebels and jihadist groups. Both countries face overlapping security threats, including Boko Haram, ISWAP, separatist conflicts, and Chadian rebel groups. According to the Global Fire Power Index, Chad ranks 12th and Cameroon 16th among African military...