• Nigerian authorities plan to connect 7,000 rural community hospitals digitally• Project supports broader economic strategy to improve access and reduce costs• Initiative runs alongside telecom tower deployment and ICT integration in schools The Nigerian authorities have taken steps to integrate digital technology into all economic sectors, especially health and education. However, some...

Home to one of the largest tributaries of the Congo River, the Central African Republic (CAR) and the Democratic Republic of the Congo (DRC) will benefit from a pioneering cross-border initiative to prepare for extreme climatic events and develop joint water resource management strategies with $8.7 million in funding from the Global Environment Facility (GEF).  Approved this Monday by...

• World Bank allocates $1 billion to support the Inga 3 hydroelectric project in DR Congo• Funding includes an initial $250 million approved on June 3, 2025• Inga 3 is expected to deliver up to 11,000 MW of power, boosting jobs and energy reform The World Bank has approved a $1 billion budget to help fund the development of Inga 3, a large-scale hydropower project in the...

• Local producers now drive over half of Nigeria’s crude output• Renaissance plans $15 billion investment; Seplat targets 140,000 bpd• Firms face high costs amid sabotage, theft, and weak infrastructure Nigeria’s new generation of local oil producers is reshaping the energy sector. As international companies such as Shell, ENI, and ExxonMobil reduce their presence, Nigerian firms...

• Land management remains a key challenge in Africa, limiting property and credit access• Fewer than 20% of Sub-Saharan countries had digital land registers in 2020• World Bank urges legal reforms, digital tools, and regional cooperation Land management continues to pose a major hurdle for many African countries, limiting access to property ownership and financial services. A number of...

• African food supply chains take four times longer than in Europe, causing delays and waste• Transport failures drive up food prices, with costs reaching 45% for some staples• World Bank identifies 50 key transport points to reduce food insecurity Food supply chains in Africa are, on average, four times longer than in Europe, leading to delivery delays, higher prices, and significant...

Government launches FNEE to finance electricity production and distribution Fund may support stalled projects under national development plan Gabon plans $1.93 billion investment in energy projects from 2024 to 2026 Gabon has established the National Fund for Energy and Water (FNEE) to support electricity production and distribution projects. The move, approved during a...

Two 100 MW solar plants with 33 MWh storage each planned in northern regions Projects support 2030 target of 45% renewables in national energy mix Bidders have until July 25 to apply for 25-year private power producer contracts Côte d’Ivoire has launched two international tenders for the construction of solar photovoltaic plants, each with 100 MW capacity and 33 MWh of storage....

Countries agree to deepen cooperation in mining, energy, and infrastructure New technical committee to accelerate joint development initiatives Trade between the two nations totaled $164.25 million in 2023 Senegal and Guinea have agreed to boost their bilateral cooperation across several sectors, including mining, energy, infrastructure, fishing, and culture. The announcement...

This strategic investment by AXIAN Telecom signals growing investor confidence in Africa’s digital economy and Jumia’s long-term potential as a regional technology leader. AXIAN Telecom has announced the acquisition of an 8.0% minority stake in Jumia Technologies AG (NYSE: JMIA), a pan-African e-commerce platform. The development, announced May 30, was disclosed through a Schedule 13D filing...