Senegal targets over 90% national food security by 2029 and plans to create 800,000 formal jobs. The World Bank Group will double annual agribusiness financing and mobilize $5 billion by 2030 through IFC and MIGA. Senegal spends an average of $1.88 billion annually on food imports, ranking second in WAEMU after Côte d’Ivoire. Authorities first unveiled the AgriConnect...

India signed digital public infrastructure cooperation agreements with 23 countries, including six in Africa. Six African countries will access 18 Indian digital platforms through India Stack Global. The World Economic Forum warned about cybersecurity and systemic risks linked to large-scale DPI deployment. India’s government announced the agreements on February 6. Authorities...

Zijin Mining raised its 2028 gold production target to 140 tonnes, up from 110 tonnes. The group agreed to acquire Allied Gold for $5.5 billion after buying Ghana’s Akyem mine for $1 billion in 2024. Zijin produced 90 tonnes of gold in 2025 and expects output to reach 105 tonnes in 2026. In a note published on Monday, February 9, Zijin increased its gold output...

Cameroon’s export volumes to the United States rose 12.6%, but export value fell 16.6% between August and November 2025. Cocoa paste revenues dropped 19.7%, while average unit prices declined 10.6%. Exporters cut prices to offset U.S. 15% reciprocal tariffs introduced in August 2025. Officials introduced the tariffs following Donald Trump’s return to the White House, and the...

Egypt targets doubling oil production within five years Government renegotiates contracts to attract foreign investment Plan includes arrears repayment, focus on mature fields Egypt’s government has set a target to double oil production over the next five years. International oil companies operating in the country are being asked to increase output, particularly from existing fields, to...

Douala port to build 300 MW power plant CFA 628 billion BOT project backed by Chinese firms Plant aims to secure power, ease grid pressure The Port Authority of Douala (PAD) is preparing to move into the operational phase of its dedicated power plant project at the Douala-Bonabéri port, with construction scheduled to begin in March 2026. The facility is designed to reach a capacity of 300...

Gabon unveils Elobey VI for Libreville–Port-Gentil route Vessel supports river, maritime logistics strategy Route vital amid limited, poorly paved road network Gabon's Transport Ministry has unveiled Elobey VI, a new vessel that will run regular services between Libreville and Port-Gentil. The government acquired the ship under a charter agreement with shipping company SOTRAMAT to...

In volume terms, Botswana is Africa’s largest diamond producer and the world’s second largest. While Angola is unlikely to challenge that position in the near term, it is steadily emerging as a major force in the industry. Botswana's Mines Minister promised increased public investment in exploring minerals beyond diamonds at this week's Mining Indaba conference in South Africa. The message...

Sub-Saharan Africa is estimated to hold around 30% of the world’s critical mineral reserves, according to several converging assessments. Among the best-endowed countries is the Democratic Republic of Congo, whose mineral wealth continues to attract international interest. TechMet, a U.S.-backed investment vehicle focused on strategic mining projects, remains open to new investment...

Mali creates state-owned Sopamim to manage mining stakes Move aims to boost state control, revenue share Mining generated 1,075 billion CFA francs in 2022 The Malian government said on Friday, Feb. 6, 2026, after a cabinet meeting, that it had created a new state-owned company to increase state control over the mining sector. The company, Société de patrimoine minier...