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Over the past two decades, mobile money has grown into a cornerstone of African finance. Driven by innovation from telecom operators in a largely unbanked continent, the service has become essential for both personal and business use. With its full potential still untapped, mobile money is now attracting growing interest from new global financial players eager to capture a share of its rapid...
The Mount Nimba Nature Reserve, a true cross-border treasure, stretches across Guinea and Côte d’Ivoire, at the edge of Liberia. It is dominated by an impressive mountain range that rises to 1,752 meters at Mount Nimba (also known as Mount Richard Molard), making it the highest peak in both countries. Since its creation in 1944, the area has benefited from strict protection status, symbolizing...
• Mozambique cleared 115 investment projects worth $5 billion in H1 2025.• Flagship project: $3 billion Green Energy Mozambique industrial park in Sofala.• Foreign investors contributed $3.2 billion, led by industry, transport, and services.
The Mozambican government has approved 115 investment projects valued at about $5 billion in the first half of 2025, with the...
• Nearly 150 delegates from 17 countries met in Dakar to address youth job and education crises.• Two in three young people in sub-Saharan Africa hold informal or vulnerable jobs, ILO says.• Violence forced the closure of 14,000 schools in 2023, affecting 2.8 million children.
From August 26 to 28 in Dakar, about 150 delegates from 17 countries gathered for the annual West Africa and Sahel...
• DRC advances talks with Monacosat to launch a national telecom satellite.• Fidelity Bank signals interest in financing the project as Kinshasa seeks partners.• The initiative aims to expand internet access, with penetration still at 30.5%.
DR Congo’s government is stepping up efforts to improve connectivity nationwide. In this context, President Félix Tshisekedi met on August 30 with...
• Canyon Resources will invest $96m to start bauxite output at Minim Martap in January 2026.• Initial production is set at 1.2m tons per year, rising to 10m tons by 2032.• Cameroon will hold a 10% free stake and receive a 5% royalty on revenues.
Australian mining company Canyon Resources will invest $96 million to launch bauxite production at its Minim Martap project in Cameroon...
• Singapore’s Olam commits $200m to pasta, poultry feed, and aquaculture feed plants in Ghana.• Projects expected to create about 4,000 jobs and reduce reliance on food imports.• Ghana’s pasta market is set to reach $325.4m in 2025, while poultry feed demand is growing.
Singapore-based agribusiness group Olam has pledged to invest $200 million in Ghana to develop...
• TechMet launches TechMet SCM to trade critical minerals, sourcing partly from Africa.• The firm already holds stakes in Rwanda’s tin and tungsten mines and rare earths projects in South Africa and Burundi.• Africa, home to nearly 30% of global critical mineral reserves, remains central to its strategy.
TechMet, an investment company backed by the US government, announced on August 28...
• Ahafo South became Africa’s top gold mine in 2024 with 798,000 ounces produced.• Newmont holds 90% of the mine, while Ghana owns a 10% stake.• Vanguard, BlackRock, and other US asset managers are the main shareholders.
Ahafo South, located in Ghana, has emerged as Africa’s largest gold mine after producing 798,000 ounces of gold in 2024, a 37% increase from the previous year. The...
South Africa is advancing with plans to open its payments system to non-banks, with the first licences expected in early 2026.
Fintechs and mobile money firms may gain direct access to settlement rails, lowering costs and expanding inclusion.
Big banks and card schemes risk losing market share as competition shifts to account-to-account payment models.
South Africa is going forward with...