DRC launches gold-backed SGRT token in pre-sale Token promises gold collateral, carbon credit-linked returns Project raises legal, liquidity, production feasibility questions The Sovereign Gold Reserve Token (SGRT) is already in pre-sale on the WinstantGold platform, Bankable observed on Feb. 22, 2026. Its official launch is scheduled later this year in Kinshasa. The SGRT is...

Sacim sells 288,000 carats in first Antwerp public sale Marks return of Congolese diamonds after decade absence Follows 2025 trading liberalization, amid falling exports Anhui Foreign Economic Construction Ltd Congo Corp (SACIM) has completed its first public sale of 288,000 carats of industrial diamonds in Antwerp, Belgium, the Consulate General of the Democratic Republic of Congo...

Leaders shift focus from aid rhetoric to industrial capacity, calling for capital that builds factories, not dependency. A new Jobs Wall Tracker aims to convert public and private pledges into measurable employment outcomes. AfCFTA integration is framed as essential to unlocking scale, cutting costs, and attracting long-term investors. As the Africa Business Forum 2026 concluded in...

Temple Tree Hospitality project to inject $200 million into resort expansion and infrastructure Direct flights from London and Manchester improve international accessibility Growing private sector and skills development strengthen tourism value chain The Gambia is stepping up efforts to expand its tourism industry, a sector that contributes roughly 20% to national GDP and...

Kenya plans a new terminal and runway at JKIA to add 15 million passenger capacity by 2029. The airport handled 8.8 million travelers in 2025, exceeding its original 8 million design limit. Financing hurdles and rising competition from Rwanda and Tanzania add pressure to deliver. The Kenya Civil Aviation Authority unveiled plans late last week to expand Jomo Kenyatta International...

Sonatel has activated the 2Africa subsea cable to strengthen broadband capacity and network resilience. The 45,000 km system delivers up to 180 Tbps, about ten times the capacity of older cables. Senegal now connects to five international fiber-optic cables as digital usage rises. Sonatel, the Orange Group subsidiary in Senegal, announced on February 20, the operational launch of...

Bayobab has activated a new cross-border fiber link between Zambia and Mozambique. The interconnection gives landlocked Zambia direct access to international subsea cable capacity, including 2Africa. The move reflects a broader strategy to diversify routes and reduce disruption risks. In a statement released on Saturday, February 21, Bayobab, the infrastructure subsidiary of South...

Ethio Telecom has launched TeleStream to diversify revenue and boost data consumption. The move aligns with its “Next Horizon Digital and Beyond 2028” strategy. The operator aims to capture value in digital content, challenging international streaming platforms. Ethio Telecom, Ethiopia’s state-owned telecom operator, last week launched TeleStream, a new digital streaming...

Azule Energy has started production at the offshore Ndungu field in Block 15/06. The field is expected to reach about 60,000 barrels per day at peak capacity. The launch follows a 500-million-barrel discovery on the same block. Azule Energy, the joint venture formed by BP and Eni, has announced the start of production at the offshore Ndungu oil field in Angola’s Block 15/06. In...

Services are projected to employ 3.8 million more African youth than agriculture by 2033, marking a historic structural shift Service jobs pay about 2.6× more and are far more likely to be formal (22% vs. agriculture’s 3%) The transition reflects a “leapfrogging” path in which economies move directly from farming to services, bypassing large-scale...