Sinomine to acquire 70% stake in Botswana’s Okavango copper project Deal involves A$3M funding, A$7M cash for joint venture with Cobre Move expands Sinomine’s African copper footprint after Namibia smelter deal Chinese mining company Sinomine has signed an investment agreement to acquire a 70% stake in the Okavango copper project in Botswana. The announcement, made today,...

NGX suspends three insurers for failing to file 2024 accounts Affected firms: Regency Alliance, International Energy, Universal Insurance Suspension underscores push for transparency, investor protection in Nigeria The Nigerian Exchange (NGX) announced on Monday, September 1, 2025, that it has suspended the trading of three insurance companies for failing to comply with financial...

Morocco, Rwanda set to join new WTO-aligned trade group FIT-P Group counters U.S. protectionism, promotes rules-based free trade Focus includes digital trade rules, e-signatures, and e-commerce Morocco and Rwanda are expected to join a new World Trade Organization (WTO)-aligned group of countries aiming to promote “open trade” in response to protectionist measures by the U.S....

• Solar-plus-storage enables 24/7 power as battery costs plunge• LFP batteries dominate, with 80% of 2023 installations• Emerging markets adopt solar-storage, e.g., Rwanda airport project The integration of photovoltaic solar with battery storage has become a central strategy in energy planning, transforming solar power from an intermittent resource into a reliable, 24/7 power solution....

• Ghana's Chief Justice Torkornoo removed after misconduct findings• She challenged proceedings, filed case with ECOWAS Court• Removal follows broader government shakeups under President Mahama Ghanaian President John Dramani Mahama has removed Chief Justice Gertrude Araba Esaaba Torkornoo from office, effective immediately. The presidency announced the decision in a statement on Monday,...

• T2mobile signs network upgrade deal with Huawei post-rebrand• $3B plan includes modernization, MTN roaming deal, leadership changes• Seeks to regain market share after major subscriber losses T2mobile, a Nigerian telecommunications operator formerly known as 9mobile, announced last week a multi-million dollar agreement with Chinese technology company Huawei to modernize its core...

• Ethiopian Airlines opens Yabello airport, starts thrice-weekly flights• Expansion targets 26 domestic routes, 270 aircraft by 2035• Broader plan includes MRO, hospitality, and airport management Ethiopian Airlines Group has inaugurated an airport in Yabello, in the southern Oromia regional state, and has launched three weekly flights to the new facility. The airport features a runway,...

• Tunisia’s National Cybersecurity Agency published a guide on data encryption for the public.• The initiative comes amid rising cyber threats, with online fraud up 31% between 2023 and 2024.• Tunisia ranked among Africa’s top 20 countries hit by ransomware in 2024, with 1,232 cases. Tunisia’s National Cybersecurity Agency (ANCS) released last week an online guide to help internet...

Tanzania is among four African countries selected for Japan’s new “Hometown” initiative. The program offers Tanzanian youth training and jobs in health, mechanics, farming, and IT in Nagai. Japan seeks skilled labor as its population ages, while Tanzania aims to boost youth employability. Tanzania has been chosen as one of four African countries to benefit from Japan’s...

• Petronas posted a 19% drop in first-half 2025 net profit to $5.7 billion.• The Malaysian oil giant is cutting costs, trimming staff, and focusing on its most profitable assets.• African projects in Angola and Egypt face pressure as Petronas reshapes its global portfolio. Malaysia’s Petronas reported on August 29 that its net profit for the first half of 2025 fell 19% to 26.2...