Nigeria and Brazil roll out the $8bn Green Imperative plan, including $2.5bn in livestock investment with JBS. The project calls for 10,000 tractors, 50,000 tools, and aims to create over 5 million jobs. Tinubu’s visit to Brasília seeks faster progress as 31 million Nigerians face food insecurity. Seven years after the signing of an initial memorandum of understanding, Nigeria...

• Kenya Airways aims to raise $500 million by Q1 2026 to expand its fleet from 34 to 53 aircraft over five years.• The airline posted a pre-tax loss of about $94.1 million in H1 2025 due to grounded Boeing 787-8 Dreamliners affecting passenger numbers and revenue.• After years of losses and a government bailout, Kenya Airways returned to profit in 2024 thanks to...

• CCA Bank plans first expansion outside Cameroon with a new branch in Chad, following talks with the finance minister.• The entry would make CCA the 11th commercial bank in Chad, where financial inclusion remains at just 5% of the population.• New CEMAC single license rules ease regional expansion, boosting CCA Bank’s move into Chad’s competitive banking market. Cameroon’s CCA Bank...

 • Nigeria LNG (NLNG) signed 20-year agreements with local firms.• The deals secure 1.29 billion standard cubic feet of gas daily.• This partnership aims to restore revenues and drive economic growth. Nigeria LNG (NLNG), a cornerstone of the Nigerian economy, has taken a decisive step to ensure its operational stability and enhance the nation's energy diversification. The company,...

Pasofino Gold plans an Environmental and Social Impact Assessment (ESIA) for its Dugbe project. The project aims for an average annual production of 172,000 ounces of gold over 14 years. The company seeks to update its 2022 feasibility study and secure financing. Pasofino Gold is preparing an Environmental and Social Impact Assessment (ESIA) to relaunch its $435 million Dugbe...

Senegal’s Q1 2025 growth is estimated at 12.1%, driven by oil production, while non-oil GDP rose by only 3.1%. Public debt was revised to 118.8% of GDP by the end of 2024, following the discovery of hidden liabilities. Treasury resources of 1,215.9 billion CFA (≈$ 2.06 billion USD) were primarily used for debt service and arrears. Senegal’s economy is estimated to have...

Google launched Flight Deals, an AI feature that finds the cheapest tickets. Airfares in Africa remain among the highest globally due to heavy taxes and limited liberalization. Wider use of AI comparators could disrupt travel agencies that rely on low price visibility. Google recently announced the launch of Flight Deals, a new feature in its Google Flights platform. The tool,...

Galileo Resources launched a reverse circulation drilling campaign on license PL253. The project targets copper deposits in the Kalahari Copper Belt, a key exploration zone. Copper discoveries have become rare, with only 14 projects reaching production since 2010. Galileo Resources announced yesterday the start of a reverse circulation (RC) drilling program on its copper...

Sonadrill signed two contracts for offshore drilling campaigns starting late 2025. Angola’s oil production dropped below 1 million b/d in July, the lowest since 2023. New projects and refinery plans aim to reverse declining output and boost capacity. The Sonadrill joint venture, formed by Seadrill and Angola’s state-owned Sonangol, is preparing to start a new offshore...

Kubota signed a 3-year agreement with SMBC to boost farm machinery sales in Africa. The Japanese group aims to ship 4,000 tractors annually to Africa by 2030, five times current levels. Africa’s tractor market is projected to reach $2.6 billion by 2030, driven by large farms and government support. Japanese industrial group Kubota, a manufacturer and distributor of farm...