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...