China commits $10B to SA, betting Pretoria can rival Nairobi & Kigali as Africa’s next tech hub. The pledge equals SA’s annual FDI inflows, but power shortages and governance could derail delivery. Ramaphosa hails jobs promise as Beijing deepens $55B trade ties under BRICS framework. China has pledged $10 billion in South Africa over the next five years,...

Egyptian billionaire Nassef Sawiris eyes up to $50 billion in U.S. infrastructure over the next decade. Orascom Construction and its U.S. unit Weitz will anchor the strategy, with a focus on data centers and airports. OCI sold $11 billion in assets in two years and is merging with Orascom Construction ahead of the expansion. Egyptian billionaire Nassef Sawiris said he...

French media group Canal+ and South Africa's MultiChoice have announced that all suspensive conditions for the public offer have been lifted. The $2 billion acquisition, which became unconditional on September 19, is now entering its final settlement phase. Canal+ held 46% of MultiChoice's capital as of that date, with additional acceptances bringing its stake closer to a full...

Senegal has adopted a new investment code to enhance its economic attractiveness. The code introduces simplified digital procedures, reduced processing times, and stable fiscal and customs incentives. It aims to modernize the legal framework and reinforce guarantees for investors, including capital transfers and dispute resolution. Senegal has adopted a new investment code to...

Coca-Cola Beverages South Africa (CCBSA) is considering cutting over 600 jobs. This represents nearly 10% of its reported 7,700 employees. Discussions are ongoing with the Food and Allied Workers Union (FAWU) regarding the potential layoffs. The South African bottler of Coca-Cola (Coca-Cola Beverages South Africa - CCBSA) reportedly considers eliminating over 600 jobs. The company...

Spanish group CAF signed three agreements worth over €450 million to modernize 39 trains on Cairo Metro Line 2 and maintain trains on Lines 1 and 2. The project aims to extend the trains' lifespan by 20 years, enhance safety and comfort, and integrate new services like Wi-Fi. The contract consolidates CAF's strategic presence in Egypt and serves as an economic diplomacy tool...

Nigerien authorities aim to connect 298 schools to high-speed internet within five months. This initiative falls under the "Smart Villages" Project, launched in 2021 with World Bank support, to reduce the digital divide. The project seeks to modernize national education and provide students and teachers with expanded access to online resources. Authorities in Niger have set a...

West African nations exhibit strong ambitions for renewable energy and clean cooking projects. However, inadequate financing currently impedes the realization of these goals. The ECOWAS Sustainable Energy Forum (ESEF 2025) highlighted the critical funding gap, particularly for off-grid solutions. The ECOWAS Sustainable Energy Forum (ESEF 2025), held from September 18 to September...

MTN is building a $240m AI data centre in Nigeria under its Genova unit. Africa holds less than 2% of global data centre capacity despite 18% of the population. The global B2B cloud and data services market could reach $622bn by 2030. MTN Group Ltd is in commercial talks with US and European partners to co-build artificial intelligence data centres across Africa, Chief...

Rwanda and Azerbaijan signed five cooperation agreements during President Paul Kagame's visit to Baku. The agreements cover air services, education, agriculture, public service provision, and trade. The new pacts aim to deepen and expand bilateral relations despite historically low trade volumes. Rwanda and Azerbaijan signed five cooperation agreements on September 20, 2025. This occurred...