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ARE grants CrossBoundary Energy approval for production and sales
Project includes 222 MWp solar plant and 526 MWh battery storage
Mine to secure 30 MW continuous renewable power supply
The Electricity Sector Regulatory Authority (ARE) of the Democratic Republic of Congo said on February 11 that it granted two favorable opinions in early January to CrossBoundary Energy for a solar...
Prime Minister orders refinancing, recapitalization, and audit steps
Finance Ministry tasked with urgent budget support for airline
Carrier has received CFA181B in state aid since 2018
Senegal’s Prime Minister Ousmane Sonko has given the minister of Land and Air Transport 30 days to implement key measures adopted during an interministerial council dedicated to the transport...
Production rose 25% year on year to 6 million ounces
Artisanal mining delivered 3.1 million ounces, up sharply
New royalty regime of up to 12% could weigh on 2026 output
Ghana’s total gold production reached a record 6 million ounces in 2025, up 25% from 4.8 million ounces in 2024, according to provisional data from the Ghana Chamber of Mines cited by Reuters on February 12. The...
Agriculture Ministry hires consultant with Agri-Impact, Mastercard Foundation
Plan aims to boost production, jobs, and investment by 2026
Local output meets only 18% of chicken consumption, USDA says
Ghana’s Ministry of Agriculture has hired a consultant to develop a master plan for the poultry sector. According to local media reports on February 9, the process is being carried...
Isabelle Deschamps, who joined Rio Tinto in 2021, played a key role in the legal restructuring that accelerated development of the Simandou project. The mine entered production in November 2025, with the first shipments of iron ore reaching China in mid-January 2026.
Rio Tinto announced Thursday that Isabelle Deschamps will step down as chief legal officer, governance and public affairs at the...
DRC orders miners to transfer 5% capital to employees
Requirement stems from 2018 Mining Code revision
Government extending 5% employee stake rule to telecoms
Mining companies operating in the Democratic Republic of Congo must transfer 5% of their capital to Congolese employees by July 31, 2026. The deadline was established in a January 30, 2026 letter from Mines Minister Louis Watum...
Madagascar renews disaster management partnership with Yas
Yas serves 14.6 million subscribers, 68% market share
Deal strengthens emergency alerts via SMS and digital platforms
Madagascar's National Office for Risk and Disaster Management (BNGRC) and telecom operator Yas Madagascar announced the renewal of their partnership on Tuesday, February 10, 2026, under the Private Sector...
Beltone acquires Baobab Group for €197.6 million
Deal expands footprint into seven sub-Saharan countries
Baobab serves 1.6 million customers, €848.8 million portfolio
Egyptian holding company Beltone has completed its acquisition of Baobab Group, a leading financial inclusion player in Africa, for €197.6 million (approximately $235 million). The deal was announced...
Nigeria’s BoI launches CBN-approved Islamic finance window
Bank to offer Ijara leasing and Mudaraba contracts
Move targets underserved businesses, expands Sharia-compliant financing
Nigeria's Bank of Industry (BoI) said on Tuesday it had received approval from the Central Bank of Nigeria (CBN) to launch an Islamic finance window. The move allows the bank to offer Sharia-compliant...
Heineken to cut 5,000-6,000 jobs globally by 2027
2025 sales volumes fell 1.2% amid weaker demand
Company expects 2-6% operating profit growth in 2026
Dutch brewer Heineken will cut between 5,000 and 6,000 jobs worldwide over the next two years as part of a broader strategy through 2030, the world’s second-largest brewer said on Wednesday, February 11.
“We really do this to strengthen...