• Airtel Africa begins building East Africa's largest data center• Kenya facility to offer 44 MW capacity, ready by early 2027• Nxtra expands across Africa amid rising cloud, AI demand Telecommunications group Airtel Africa announced on Tuesday that it has started construction on a new data center in Kenya through its subsidiary, Nxtra. The facility, touted as the largest of its kind in...

 Zimbabwe ethanol price doubles global average, raises fuel costs Green Fuel monopoly limits competition in ethanol supply Transport index hits record, fueling broader inflation rise Ethanol used in Zimbabwe's mandatory gasoline blend is sold for about $1.10 per liter, nearly double the international price of $0.50 to $0.70 per liter, according to data from...

Botswana tops Africa in IMD 2025 World Talent Ranking Kenya joins ranking; South Africa drops to 62nd place Switzerland leads globally; U.S. ranks 22nd, China 38th Botswana, Namibia, Kenya, Nigeria, Ghana, and South Africa are Africa's most attractive economies for talent, according to the 2025 World Talent Ranking published Tuesday by the International Institute for Management...

GoldBod signs $1B investment MoU with Stream Global TMCC Plan targets 300+ responsible mines, boosts gold output, jobs Ghana aims to curb smuggling, double gold exports by 2026 GoldBod, Ghana's state-owned gold marketing company, announced on Tuesday that it signed a memorandum of understanding in August with Stream Global TMCC. The agreement could mobilize up to $1...

Proparco granted BCI Guinée a $10 million senior loan to boost SME financing, adding to earlier $19 million trade finance lines. SMEs represent over 80% of Guinea’s formal businesses and contribute 18–20% of GDP. Guinea’s banking sector expanded private credit by 5% year-on-year to $2.56 billion in Q1 2025, while non-performing loans declined. BCI...

Australia’s Gladiator Resources is in talks to sell its uranium assets at Mkuju. The project includes Likuyu North with 4.6m lbs of uranium at 267 ppm, plus other prospects. Rising global nuclear demand boosts Tanzania’s appeal, with first mine due by 2029. Gladiator Resources announced yesterday it is in discussion with several groups over the sale of its uranium exploration...

Nigeria will spend 158 bln naira ($104.9m) to train 650,000 youths in technical and digital skills. The plan includes upgrading education infrastructure, with electricity for universities. Youth unemployment rose to 8.6% in Q3 2023 despite past education and skills programs. Nigeria is betting on vocational training to create jobs and equip its young population with...

Kenya is negotiating a $1 bln debt-for-food deal with the World Food Program. The plan would channel debt relief into farm projects, irrigation, storage, and nutrition. Over 3.4m Kenyans face acute food insecurity as debt levels remain high at 65.6% of GDP. Kenya is seeking to finalize by March 2026 a debt-for-food swap worth an estimated $1 billion with the World Food...

Disasters cause $12.7 bln in yearly damages to African buildings and infrastructure. Floods account for nearly 69% of losses, with energy and telecoms most affected. South Africa, Nigeria, and Algeria face the highest annual losses at national level. Natural disasters inflict an average of $12.7 billion in damages each year on infrastructure across Africa, according to a...

President Cyril Ramaphosa said envoys are in New York and Washington for trade talks. The U.S. imposed 30% tariffs on South African goods from August 7, hitting auto and farm exports. SARB warns up to 100,000 auto jobs could be lost; agriculture also faces heavy impact. South African President Cyril Ramaphosa has announced that envoys have been sent to the United States to...