• CAR signs $2.5B agreement with American Eagle Business Solutions for new airport• Project marks shift from China-led model to diversified global partnerships• Planned Boboula airport to improve access, expand aviation beyond Bangui The Central African Republic (CAR) is expanding its international partnerships to relaunch its aviation sector, historically limited to a single...

• $674.4 million program launched to revive drought-hit sheep industry• Measures include subsidies, debt relief, and vaccination campaigns• Livestock population fell 38% since 2016; imports surged in 2024 The Moroccan government has launched a program to rebuild its national sheep stock, severely impacted by drought in recent years. The initiative, announced on May 22 by Agriculture...

• U.S. bill includes 5% tax on money sent abroad by migrants, affecting $13B to Africa• Nigeria, Egypt, and Kenya are among the most exposed to this potential loss• African fintech firms and undocumented senders face the highest risk A new proposal in the United States to impose a 5% tax on personal money transfers to foreign countries could have serious consequences for African...

• UK-based Critical Mineral Resources expands exploration portfolio in Morocco• New project to target 150,000–200,000 tons of copper at 1.2% grade• Drilling expected to begin in Q3 2025, financial terms undisclosed British junior mining company Critical Mineral Resources has announced an agreement to acquire a 60% stake in a new copper and silver project in Morocco. The project...

• €105M NEA Kolda project includes 60 MW solar capacity and 72 MWh storage• Backed by €84M in loans from EAAIF, FMO, and DEG• Supports Senegal’s target of 40% renewable energy capacity by 2030 AXIAN Energy has launched construction of one of West Africa’s largest solar power plants with battery storage, supporting Senegal’s target of 40% installed renewable energy...

• Agreement supports Chad’s 4-year development plan “Chad Connection 2030”• Aims to reduce public deficit to 1.5% of GDP and address fiscal instability• Follows mixed results under previous $570M program signed in 2021 Chad has reached a staff-level agreement with the International Monetary Fund (IMF) for a new four-year program supported by the Extended Credit Facility (ECF),...

• $15 billion investment planned over five years to expand oil and gas operations• Company aims to double gas output from 150 to 300 mmscf/d• 32 projects to be rolled out, including 22 focused on gas exports Renaissance Africa Energy, which recently acquired assets formerly operated by Shell, plans to expand its presence in Nigeria’s oil and gas industry with a $15 billion...

• Wema Bank to raise 50 billion naira ($31.4 million) via private placement• Part of broader 200 billion naira recapitalization to meet CBN requirements• Offer supports national license compliance and long-term growth goals Wema Bank, Nigeria’s pioneer in digital banking, plans to raise 50 billion naira (approximately $31.4 million) through a private placement, as part of its...

• Second phase of Mali’s PNIP targets unfinished goals from the 2012 launch• Funding expected from government, partners, agri-businesses, and communities• Just 52% of initial irrigation target reached; vast potential remains untapped Mali, like many other Sahel countries, views irrigation as critical to reducing agriculture’s vulnerability to drought. The advancement of irrigation...

• Copper supply could fall short by 40% by 2035, says IEA, citing underinvestment• UNCTAD estimates $250B needed to develop 80 new mines by 2030• Long timelines, slow funding, and growing demand risk a global bottleneck Copper, a key metal in the energy transition, is facing rising demand that current supply is struggling to meet. From electric vehicles to renewable energy systems,...