Government in talks with Arial Metrics to test drone-based aerial seeding Planned technical partnership aims to launch trials in the next reforestation season Country faces a sharp drop in forest cover, losing 11% in the past decade Madagascar’s Ministry of Environment and Sustainable Development is in discussions with the local company Arial Metrics, which provides...

Valterra Platinum stock doubles on the JSE in 2025 after its split from Anglo American Rising platinum group metals prices drive gains across global listings Market cap reaches 328 billion rand as demand, supply shocks, and investor interest grow A few months after its separation from Anglo American, Valterra Platinum (formerly Amplats) is set to close the 2025 financial year...

Wise, a UK fintech, has received conditional approval to operate directly in South Africa, marking the company’s first regulated, on-the-ground presence and local licence in any African market. South Africa’s remittance market is growing fast. It’s expected to reach $415.40 million by 2033, driven by digital adoption. Wise enters a competitive space. Rivals include Mukuru...

Zazu raised $1 million in pre-seed funding to enter South Africa and Morocco ahead of a 2026 Africa-wide rollout. Over 1,000 SMEs are on the waiting list to access the full version of the platform, with 50 already testing the beta. The founders, former Solarisbank executives, aim to build an operating system for African SMEs. Zazu raised $1 million in pre-seed funding...

IFC provides $28.3 million in guarantees to support a new issuance financing up to 600,000 new electricity connections under the PEPT program. Côte d’Ivoire targets universal access by 2030, requiring 17 million additional connections. Renewables must reach 45% of the power mix by 2030 to meet rising demand. Côte d’Ivoire continues to expand access to electricity with financing...

FG Gold secured $330 million from AFC and Afreximbank for Baomahun, bringing total commitments to $430 million. The project aims to deliver Sierra Leone’s first large-scale commercial gold mine, with first gold expected in 2025. The mine could support up to 900 jobs and contribute around 10% of national GDP. FG Gold said it secured $330 million in financing from Africa...

Burundi adopted a national e-commerce regulatory guide and a national e-commerce development strategy on 28 November. Statista projects the country’s e-commerce revenue to reach $78.38 million in 2025, with an annual growth rate of 14.5% to 2030. The African e-commerce market is expected to hit $112.73 billion by 2029, highlighting regional opportunities for Burundian...

Eskom forecasts $937M profit for FY2026 after strong first-half results Fewer blackouts, lower finance costs, and tariff hike boost performance Utility plans $17B investment to upgrade grid and expand capacity to 107 GW South African state power utility Eskom said it expects to post a second consecutive annual profit. The company forecasts an after-tax profit of about 16...

Nigeria’s Q3 2025 GDP grew 3.98%, slightly below previous quarter’s 4.23% Non-oil sector led growth; oil sector slowed sharply from Q2 surge New reforms and 2030 GDP plan aim to boost long-term economic stability Nigeria’s economy grew 3.98 percent year on year in the third quarter of 2025, the National Bureau of Statistics (NBS) said on Monday, slightly higher than the 3.86...

China’s SHICO signals intent to fund 60% of Genmin’s Gabon iron project Follows earlier $250M financing offer from Sinohydro, part of PowerChina Baniaka targets 2026 output; Gabon to hold up to 35% project stake Genmin Limited said on Monday it has received a letter of intent from Chinese industrial firm Sino-Hunan International Engineering and Development (SHICO). The document...