Government plans CFA-equivalent investment of 41.8 billion Congolese francs over 2026–2028 Funds target farm equipment purchases and rehabilitation of pig facilities Estate operations have been halted since January 2026 due to lack of funding The Democratic Republic of Congo plans to invest a total of 41.8 billion Congolese francs, or nearly $19 million, in the Presidential...

Two aging gas turbines commissioned in 1977 are being replaced at Port-Gentil Installed capacity is expected to rise to 40–50 MW from 25–30 MW Electricity projects totaling CFA1,134.5 billion are planned for 2024–2026 Gabon has launched the modernization of the Port-Gentil thermal power plant, replacing two gas turbines that have supplied electricity to the country’s...

Togo plans to mobilize CFA35 billion ($63 million) in 2026 to finance decentralization and deconcentration reforms. The allocation represents 94% of the budget of the Ministry of Territorial Administration, Decentralization and Customary Affairs. The funding targets communes, regional councils and governors amid renewed local leadership. Togo has pursued decentralization under...

DR Congo approved 96 projects in 2025 with projected investment of $5.13 billion, up 125.7% from 2024. Foreign direct investment accounted for 84.39% of approved amounts, reflecting strong international interest. Approved projects should generate 8,383 direct jobs, according to ANAPI. The National Agency for Investment Promotion approved 96 projects and applications in...

Djibouti secures $35m ITFC financing to expand petroleum bunkering and reinforce its role as a Red Sea maritime and trade hub Facility, under a wider $600m framework, will boost port competitiveness, diversify revenues and strengthen energy security Deal supports intra-OIC trade and counters rising Red Sea port competition as Djibouti defends its logistics hub...

Ivory Coast courts will try Fidelis Finance and four executives for alleged breach of banking secrecy, a first in the UEMOA zone. The case stems from the cancellation of a CFA7.7 billion ($11.7 million) real estate transaction involving Ivorian contractor SOGETRA. The proceedings threaten Fidelis Finance’s plan to obtain a full banking license from the BCEAO. Fidelis Finance...

Extreme heat and dust reduce solar panel efficiency by 15% to more than 60% across sub-Saharan Africa. Module surface temperatures often exceed 70°C, sharply lowering voltage and energy conversion rates. Researchers urge manufacturers to adopt region-specific solar design and maintenance standards. Solar power generation systems suffer significant efficiency losses across...

Saint-Louis faces disruptions in 6 kg butane cylinder supply due to the absence of local storage and distribution infrastructure. Delivery delays from Dakar have stretched from a few days to two to three weeks, affecting household cooking fuel availability. The government plans a 400 km national gas pipeline to transport offshore production, including Greater Tortue Ahmeyim gas, to...

GoCab secured $45 million in funding, including $15 million equity and $30 million debt, to expand in West Africa and emerging markets. The company plans to finance nearly 10,000 vehicles over two years, including electric vehicles, targeting taxi drivers and delivery workers. GoCab generates $17 million in annual recurring revenue and operates in five countries...

Africa loses about $15 billion annually by exporting most of its crude oil without local refining. The continent exports about 70% of its crude oil and 45% of its natural gas due to limited processing capacity. Africa spends more than $120 billion a year importing refined petroleum products and hydrocarbon-related services. Africa loses about $15 billion in value...