Cocoa prices fell 12% in September to US$6,936, easing costs for chocolate makers after a year of record highs. Supply remains fragile in West Africa, with aging trees and climate risks threatening yields and future prices. Carbon rules and farm finance needs are reshaping the cocoa trade, with premiums emerging for low-emission beans. Cocoa prices have finally cooled after a year of...

Congo debt falls to 93.5% of GDP, World Bank says External debt drops on oil revenue; domestic debt rises sharply Growth modest at 2.6% in 2024, outlook slightly improving The Republic of Congo’s total debt has continued its decline, falling to 93.5% of Gross Domestic Product (GDP) in 2024, down from 96% in 2023, according to World Bank data published on Tuesday, September 23, 2025. This...

Cameroon targets 1.15M tons milk output by 2035 $500M plan backs genetics, feed, health, and equipment upgrades Aims to cut imports, meet rising domestic dairy demand Cameroon plans to raise annual milk output to 1.15 million tons by 2035, part of a 305.7 billion CFA francs ($500 million) dairy strategy launched last year. According to the Ministry of Livestock, Fisheries and Animal...

Canyon Resources in $36M investment talks with Cameroon’s CNPS Local banks already committed $210M for Minim-Martap bauxite project World-class deposit projected at $835M value, exports start 2026 Canyon Resources Limited, the Australian developer behind the Minim-Martap bauxite project in Cameroon, is in advanced talks with Caisse Nationale de Prévoyance Sociale (CNPS),...

Netherlands, Uganda sign migration deal for rejected asylum seekers Transit center planned for non-returnable migrants from East Africa Part of wider trend of outsourcing migration controls to Africa The Netherlands and Uganda signed a Letter of Intent on Thursday, September 25, 2025, in New York, aimed at strengthening cooperation on irregular migration. Concluded on the sidelines of the...

Masiyiwa’s Cassava to invest $720m in 5 AI factories, bringing 15k GPUs for Africa’s data sovereignty. 90% of Johannesburg's AI capacity is pre-booked; the goal is to achieve 50% researcher access by 2027, up from 5%. Cassava’s fibre and green data centres join Microsoft, IFC in Africa’s digital infrastructure race. Strive Masiyiwa, the Zimbabwean billionaire and founder of...

Burkina Faso cuts road checkpoints from 385 to 40 nationwide New system distinguishes between document and security controls Aims to ease trade delays, cut costs, and boost regional mobility Burkina Faso’s Ministry of Security announced Wednesday that it is drastically reducing the number of operational road checkpoints across the country. From 385 checkpoints recorded in November 2024,...

Morocco, Rwanda sign air services deal to boost aviation ties Pact supports Royal Air Maroc, RwandAir, airport expansion goals Reflects rising South-South cooperation amid SAATM integration push Morocco and Rwanda signed an air services agreement on Thursday, September 25, 2025, on the sidelines of the 42nd International Civil Aviation Organization (ICAO) Assembly in Montreal. The two...

Niger plans nuclear plant with Russia, two 1,000 MW reactors Seeks energy sovereignty despite low electrification, uranium decline Nuclear gains ground in Africa amid new global financing support Niger has announced its ambition to construct a nuclear power plant featuring two 1,000 MW reactors each, in partnership with Russia. The announcement was made by Mines Minister Colonel...

BP raises 2050 oil demand forecast to 83 million bpd Energy security, protectionism drive extended fossil fuel reliance Renewables grow fast but won't displace oil before the late 2040s British oil major BP now anticipates higher global demand for oil and gas through 2050, projecting that consumption will remain above previous estimates. According to the company’s annual report, released...