Global public funding for clean energy in developing countries hit $21.6 billion in 2023• South Africa and Nigeria rank among the world’s top five beneficiaries• South Africa focuses on industrial transition, Nigeria prioritizes off-grid electrification International public funding for clean energy in developing countries reached $21.6 billion in 2023, the highest level since...

• Algeria and Angola to boost energy ties in oil, gas, and mining.• Plan includes expert exchanges and joint project studies. Algeria and Angola announced stronger energy sector cooperation on Monday, June 23, 2025, in Luanda. The decision followed discussions between Mohamed Arkab, Algeria’s Minister of Energy and Mines, and Diamantino Azevedo, Angola’s Minister of Mineral Resources,...

Rwanda wants to mobilize $500 million to fund biodiversity protection projects• The goal aligns with the Kunming-Montreal Global Biodiversity Framework adopted in 2022• The country plans to reduce greenhouse gas emissions by 38% by 2030 and reach carbon neutrality by 2050 Rwanda seeks to raise $500 million to support concrete actions for biodiversity protection, Environment...

• Côte d’Ivoire opens $235M cocoa complex, doubling Transcao’s capacity to 100,000 tons.• Site includes storage and training center to boost local processing.• Aims to raise value-added production and cut foreign dominance.  On Thursday, June 26, Côte d’Ivoire’s Vice President Tiémoko Koné inaugurated a new industrial complex for state-owned company Transcao CI....

• Burkina Faso to tax interest on new WAEMU bonds from Aug 1, 2025, excluding its own.• Ends unregulated tax exemption causing state revenue losses. Burkina Faso will begin taxing interest earned on new bond issues in the West African Economic and Monetary Union (WAEMU) starting August 1, 2025. This measure is detailed in a circular signed by Minister of Economy and Finance Aboubakar...

Madagascar began celebrations two weeks ago to mark the 65th anniversary of its independence from France. These festivities, which culminated on June 26, National Day, with a military parade, hold even greater symbolic weight this year. With the expected return in August of three Sakalava skulls and the recent visit by French President Emmanuel Macron, the island nation has effectively normalized...

The Houphouët-Boigny National Polytechnic Institute (INPHB), established in 1996 through the merger of several schools, is now considered Côte d’Ivoire’s leading educational institution. Despite past challenges, the institute is undergoing significant changes under Director General Moussa Kader Diaby to expand its international presence. In an exclusive interview with Ecofin Agency, Diaby...

• Perseus begins building the Nyanzaga gold mine, targeting first production in 2027.• The project will deliver 2 million ounces of gold over 11 years.• Construction is fully funded with company resources. On June 25, Perseus Mining officially launched construction of its Nyanzaga gold project in Tanzania. The announcement came via the company’s official X (formerly Twitter) account. The...

• Bannerman aims to secure Final Investment Decision (FID) for Etango uranium project by end-2025.• Company raises $55 million through institutional share placement to fund early works.• Etango could supply over 52 million pounds of uranium over 15 years Bannerman Energy announced on June 26 that it has secured commitments from institutional investors to raise A$85 million...

Helium One Confirms Major Reserves in Tanzania as Global Demand Surges • Independent report confirms large helium reserves in Helium One’s Itumbula permit.• Phased development planned with pilot drilling to begin in Tanzania’s Rukwa Basin.• Company eyes long-term potential amid booming global helium demand. On June 25, Helium One announced it had received an independent Competent...