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Perched high in the northeastern hills of Nigeria, near the Cameroonian border in the Adamawa mountains, the cultural landscape of Sukur reveals itself as a world apart. This exceptional site bears witness to centuries of architectural and agricultural expertise, shaped in the heart of a rugged yet majestic mountainous environment. For generations, the Sukur community has molded this land in its...
• Ecobank Transnational issues $125M in senior bonds, totaling $525M outstanding• Funds will refinance maturing debt and boost financial flexibility• Strong investor demand offsets challenges at Nigerian subsidiary
Ecobank Transnational Incorporated (ETI), a pan-African banking group headquartered in Lomé, Togo, has announced the successful issuance of $125 million through...
• Mali to acquire 25% stake in Goulamina lithium mine under 2023 mining code• Total 35% share includes 10% free and 25% paid participation from Ganfeng Lithium• $34.3M cost to be reimbursed through 20% of annual dividends over time
Agence Ecofin reports that, under Mali’s 2023 mining code, the government has the right to acquire a 25% stake in mining projects, in addition to a 10%...
• Algeria Telecom partners with ANGEM to deploy fiber using local microenterprises• Microcredit-backed firms will handle cabling, trenching, and maintenance tasks• Initiative aims to improve coverage, reduce costs, and foster entrepreneurship
Algerian authorities aim to cover all regions of the country with fiber optic infrastructure. In line with this objective, Algeria Telecom plans to...
• Zanzibar begins €180 million ($204 million) upgrade of Pemba Airport• New runway and terminal to allow direct commercial flights to the island• Project aims to boost tourism, trade, and regional air connectivity
After years of anticipation, Zanzibar’s government announced yesterday the start of modernization works at Pemba Airport. The upgrades to the airport on Pemba, the...
• TotalEnergies aims to resume its $20 billion Mozambique LNG project by mid-2025• Project has been suspended since 2021 due to insecurity in Cabo Delgado• Restart could boost GDP, attract investment, and strengthen infrastructure
TotalEnergies and its partners plan to restart their Mozambique LNG project, dormant for nearly four years due to security concerns, by summer 2025. The...
• South Africa, Tunisia, and Egypt top the 2025 AI Talent Readiness Index for Africa• North African countries outperform due to strong education and infrastructure• Central and West Africa lag behind amid major challenges in electricity and connectivity
South Africa, Tunisia, and Egypt are the African countries best prepared to develop and deploy talent in artificial intelligence (AI),...
• Senegal's fixed broadband subscribers grew from 177,363 to 747,163 between 2020 and 2024• Fibre now leads over FWA and ADSL in fixed connectivity, with growing business adoption• Internet traffic rose 80% in 2024 amid changing digital habits and infrastructure growth
Senegal has recorded a 321.26% increase in fixed broadband subscriptions over four years, with the number of users rising...
• Vodacom aims to grow mobile financial service users from 88 million to 120 million• Vision 2030 strategy centers on expanding M-Pesa and VodaPay across key markets• Financial services revenue hit $784 million in 2025, up 18.3% from the previous year
Vodacom plans to increase its mobile financial services user base from 88 million at the end of its 2025 financial year to 120 million...
• Benin and Qatar discuss plans for a direct air route to boost trade and tourism• Potential partnership with Qatar Airways may lead to new carrier, Amazone Airlines• Benin aims to become a regional tourism hub with over two million visitors annually
Benin is in talks with Qatar over the establishment of a direct air link between the two countries, a move that could stimulate investment,...