• Senegal plans to revise its 2019 petroleum law to cover fiscal rules, contracts, and local content obligations.• Energy Minister Birame Souleye Diop said reforms aim to strengthen transparency and redistribute oil and gas revenues.• The government will unveil details of the reform at the MSGBC 2025 conference in Dakar in December. Senegal’s hydrocarbon activities currently fall under...

• African carriers’ passenger traffic rose 7.1% in August 2025, outpacing global growth of 4.6%.• Load factors improved to 79.7%, up 1.3 percentage points year-on-year.• IATA projects African airlines will grow at an average annual rate of 4.1% over the next two decades. African airlines recorded higher passenger volumes in August, supported by post-pandemic recovery and strong summer...

• Visa and SantimPay partnered to deploy 100,000 low-cost POS terminals in Ethiopia, addressing a significant gap with only 7,500 devices nationwide.• This project backs Ethiopia's goal to move beyond cash, aiming to lift the digital transaction share in retail, transport, and other key sectors.• The summit also highlighted a future cross-border payment platform and the vital need to extend...

• 27 million young people in Sub-Saharan Africa were unemployed in 2023, with 62 million classified as NEETs.• Funded African startups employed 34,201 people in 2022, nearly double the previous year.• Nigeria, Egypt, Kenya, and South Africa absorbed over 80% of tech venture funding in 2023, leaving emerging ecosystems behind. African startups are multiplying and gradually reshaping the...

(REPUBLIQUE DE DJIBOUTI) - The Republic of Djibouti welcomes the arbitral award rendered on 29 September 2025 by the London Court of International Arbitration (LCIA). This decision, which is not subject to appeal, represents a particularly significant victory for the Republic of Djibouti and for Port de Djibouti SA (PDSA) in the dispute opposing them to DP World. In this proceeding, DP...

• South African vehicle exports recorded a surprise 32.9% surge in Sept 2025, showing resilience despite US tariffs that caused sharp drops earlier.• The domestic auto market also boomed, with September sales reaching a 10-year high of 54,700 units. This marks a strong 24.3% increase from 2024.• The domestic sales boom was supported by favorable economics: inflation eased to 3.3%, interest...

• Uganda targets to start operations at the Kabaale oil refinery between late 2029 and early 2030, with a capacity of 60,000 barrels per day and a $4 billion investment.• The government will finance 40% of the project, backed by a partnership with UAE-based Alpha MBM, and link it to an industrial park attracting $3–4 billion in investments.• The refinery aims to cut fuel import...

• AAAS Energy and ChillMine will build a green-powered data center campus in Botswana for AI and cloud services.• The project will reduce hosting costs, enhance reliability, create jobs, and expand Botswana’s digital economy.• Botswana has over six data centers and is experiencing fast growth, giving it an edge as it competes with South Africa’s larger market. A new partnership between...

• Kenya has inaugurated an electric vehicle (EV) assembly plant at Olkaria with an annual capacity of 50,000 units.• The project aims to generate over 13,000 jobs (direct and indirect) and leverages geothermal energy access.• The Kenyan government targets to raise EVs to 5 % of annual vehicle registrations and cut emissions 32 % by 2030. The Kenya Electricity Generating Company...

• Côte d’Ivoire signed a CFA20 billion ($35.8 million) loan deal with Germany’s KfW to finance an energy efficiency program.• The program will replace 31,000 public street lamps in Abidjan with LED lights and renovate government buildings.• Authorities expect to save 24,148 MWh annually, cut state electricity costs by $3.9 million and reduce 9,631 tons of CO₂ emissions per...