• Nigeria has suspended the implementation of a 4% tax on the Free Government halts 4% import duty after backlash from businesses and importers.• Tax was meant to fund customs modernization but sparked price hike concerns.• Move comes amid 20.12% inflation and growing public anger over living costs. Nigeria has suspended the implementation of a 4% tax on the Free on Board (FOB) value of...

• Parliament approves constitutional changes extending the presidential term to 7 years.• Reform also creates a vice–prime minister post and lengthens deputies’ terms.• Vote comes amid Chad’s economic hardship, with poverty and food insecurity rising. Chad’s National Assembly, on September 15, endorsed the report of the Special Commission responsible for examining the proposed...

• Morocco targets 200,000 tons of olive oil in 2025, up from 90,000 tons in 2024.• Better weather conditions expected to push olive harvests to 2 million tons.• Sector eyes exports, helped by new U.S. tariffs that favor Moroccan producers. Morocco’s olive oil industry expects to produce 200,000 tons in 2025, more than double last year’s 90,000 tons, according to projections by the...

• Eco Atlantic Oil & Gas shifts focus to deepwater licenses in Namibia’s Orange Basin.• The company sells its 85% stake in PEL 98 to local operator Lamda Energy.• Move highlights both rising offshore interest and challenges in Namibia’s oil sector. Eco Atlantic Oil & Gas announced on September 16 that it will concentrate its activities on its deepwater oil and gas exploration licenses...

• Sierra Leone’s President Julius Maada Bio visited Burkina Faso on September 16.• The trip was aimed at showing support for peace and regional integration under ECOWAS.• Talks focused on bilateral ties, regional unity, and international relations. Sierra Leone’s President Julius Maada Bio paid a working visit to Ouagadougou on September 16, where he was received by Burkina Faso’s...

• Peak Rare Earths rejects $160M U.S. bid, favors China's Shenghe• Shenghe aims full control of Tanzania’s Ngualla rare earths project• Move highlights U.S.-China race for critical mineral supply chains Peak Rare Earths, the operator of the Ngualla rare earths project in Tanzania, announced on Tuesday, September 16, that it has rejected a A$240 million (about $160 million) bid...

• Sungrow to build 10 GW battery factory in Egypt• Project supports Egypt’s push to localize energy storage industry• Egypt targets 30% renewables by 2030, eyes green exports to Europe Chinese renewable energy group Sungrow Power Supply plans to build an energy storage battery factory in Egypt, the Egyptian presidency's spokesperson announced in a statement Sunday. The project was...

• AXA sells 80% of AXA Crédit Morocco to Stellantis’ Fidis arm• Stellantis to offer bundled car sales, financing, and insurance• Move aligns with Morocco’s booming auto sector, export growth The French insurance group AXA has finalized the sale of an 80% stake in its Moroccan consumer credit subsidiary, AXA Crédit, to the automaker Stellantis through its financial services arm,...

• South Africa expands massive energy clusters, led by 506 MW Khauta• Projects include solar, wind, storage; major private buyers involved• Clusters offer reliable, large-scale alternatives to Eskom power South Africa is pioneering a unique approach to energy transition on the continent, with integrated renewable energy projects reaching hundreds of megawatts. On Tuesday, September 16,...

• Paladin to raise A$300M for uranium projects in Australia, Canada• Funds target Patterson Lake and Langer Heinrich mine expansion• Uranium demand rising; peers like Lotus, Bannerman also investing Paladin Energy on Tuesday announced plans to raise up to 300 million Australian dollars (about $200 million) through a series of stock market transactions in Australia and Canada. The...