Koryx Copper’s Haib project needs $1.56B for development Project targets 88,000 tons/year over 23 years DFS due 2026; license and funding still pending Koryx Copper announced a preliminary economic assessment (PEA) for its Haib copper project in Namibia on Thursday, September 4, revealing an estimated initial investment of $1.559 billion. This funding is expected to...

Morocco exports 64,000 tons of fresh raspberries in 2024/25, a new record Export earnings rise to $487 mln, marking a third consecutive year of growth UK, Spain, Netherlands, Germany, and France remain top buyers of Moroccan fruit Morocco shipped 64,000 tons of fresh raspberries to global markets in the 2024/25 season, setting a new record for the industry, according to...

Nigeria’s NITDA signed a cybersecurity MoU with Kaspersky at GITEX 2025 to boost training, awareness and threat intel. Cybercrime costs Nigeria about $500m annually, with ransomware and data breaches driving the push for stronger defenses. Kaspersky denies Russian ties, citing transparency moves, but Western bans mean Nigeria must balance benefits with global...

• Chevron and Shell signed preliminary deals with Angola’s ANPG for Block 33 in the Lower Congo Basin.• Angola’s new risk-service contracts shift exploration risk to majors and aim to revive falling oil output.• Five more blocks will be auctioned before year-end as Luanda pushes reforms to attract fresh investment. Chevron Corp. and Shell Plc are ramping up investment in Angola’s oil...

• Government targets child marriage reduction from 33% in 2019 to 15% by 2029• UNICEF data shows nearly 1.3 mln girls in Benin married before 18 years old• Early marriage costs economy up to $500 mln in lost potential by 2030 Benin has launched a new program to tackle child marriage, aiming to cut the rate from 33% in 2019 to 15% by 2029. The initiative was announced on September 3,...

• US pledges $32.5 mln to support WFP operations in Nigeria’s conflict regions• Funding to assist 764,205 people, including pregnant women and children• WFP warns 33 mln Nigerians face acute food insecurity in 2025 The United States has announced a $32.5 million contribution to the World Food Program (WFP) to support food and nutrition assistance in conflict-affected regions of...

• HD KSOE won a $174m order for two crude carriers from an undisclosed African shipowner.• The deal lifts its 2025 backlog to 84 ships worth $11.45b, or 63% of its annual target.• Africa remains reliant on foreign fleets, with over 92% of West African crude shipped abroad. HD Korea Shipbuilding & Offshore Engineering Co. secured a $174 million contract to build two crude...

• Australian miner plans $42 mln share placement to fund African uranium assets• Target output of 6 mln pounds a year hinges on Kayelekera and Letlhakane projects• Move reflects wider uranium investment push across Africa Lotus Resources said on September 4 it plans to raise $42 million through a shareholder-backed share placement to advance its uranium projects in Africa. The...

• Thirteen African nations announce joint measures to modernize pastoral systems• Agenda includes feed banks, genetic upgrades, and youth-focused agribusiness• Sector supports 80 million people in West Africa but lags in global output The African pastoral sector is set for new reforms after 13 countries unveiled measures to boost livestock productivity at a ministerial meeting in Dakar on...

• Benin’s FeexPay and Côte d’Ivoire’s Cinetpay receive BCEAO payment service licenses• Both firms expand their reach across West and Central Africa with stronger compliance• Deadline of August 31, 2025 set by BCEAO for all fintechs to obtain operating licenses The Central Bank of West African States (BCEAO) has issued two new payment service provider licenses, reinforcing regulation...