• Sungrow to build 10 GW battery factory in Egypt• Project supports Egypt’s push to localize energy storage industry• Egypt targets 30% renewables by 2030, eyes green exports to Europe Chinese renewable energy group Sungrow Power Supply plans to build an energy storage battery factory in Egypt, the Egyptian presidency's spokesperson announced in a statement Sunday. The project was...

• AXA sells 80% of AXA Crédit Morocco to Stellantis’ Fidis arm• Stellantis to offer bundled car sales, financing, and insurance• Move aligns with Morocco’s booming auto sector, export growth The French insurance group AXA has finalized the sale of an 80% stake in its Moroccan consumer credit subsidiary, AXA Crédit, to the automaker Stellantis through its financial services arm,...

• South Africa expands massive energy clusters, led by 506 MW Khauta• Projects include solar, wind, storage; major private buyers involved• Clusters offer reliable, large-scale alternatives to Eskom power South Africa is pioneering a unique approach to energy transition on the continent, with integrated renewable energy projects reaching hundreds of megawatts. On Tuesday, September 16,...

• Paladin to raise A$300M for uranium projects in Australia, Canada• Funds target Patterson Lake and Langer Heinrich mine expansion• Uranium demand rising; peers like Lotus, Bannerman also investing Paladin Energy on Tuesday announced plans to raise up to 300 million Australian dollars (about $200 million) through a series of stock market transactions in Australia and Canada. The...

Global soybean output to hit record 425.8M tons in 2025/26 Brazil leads with 175M tons; U.S. and Argentina decline China to import 112M tons; soybean oil to top 70M tons Global soybean production is projected to reach a record 425.8 million metric tons during the 2025/2026 season, according to the latest monthly projections from the U.S. Department of Agriculture (USDA). This volume...

Africa as a whole is advancing in innovation, thanks in large part to bolstered institutional capacity, the strengthening of business ecosystems, and a rise in entrepreneurial activity. This year, 12 of the 36 countries on the continent that were surveyed saw an improvement in their ranking compared to the previous year. Mauritius maintained its position as Africa's most innovative country in...

South Africa anchors African bonds with liquidity, but yields lag Ghana and Zambia. Ghana and Zambia deliver 20%+ yields, driving bond rallies despite fragile debt positions. Investors blend SA stability with frontier upside to balance liquidity and returns. African sovereign bonds are drawing renewed investor attention in 2025 as global inflation and geopolitical risks push funds toward...

• UN urges shift from arms to human development in Africa • Military spending rises, deepening poverty and fiscal strain • Region needs $70B annually to meet development goals Sub-Saharan Africa needs to mobilize an estimated $70 billion per year to meet its human development needs, a challenge exacerbated by rising military spending, according to a new United Nations...

Lomé begins dredging to handle larger container ships Port traffic hits record 2 million TEUs in 2024 Strategic hub for regional transshipment and landlocked countries Lomé Container Terminal (LCT) has launched dredging operations to deepen the basin, turning circle, and access channel. The project aims to improve navigability and accommodate larger container ships at the Port of Lomé,...

Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate voter concerns Chakwera faces Mutharika, Banda in tight rematch race Malawi is holding its general elections this Tuesday, September 16, with the presidential race as the main event. Incumbent President Lazarus Chakwera is facing challengers, including his predecessor Peter Mutharika and former...