Ethiopia ramps up infrastructure to secure its trade corridor with Djibouti. A $440.3 million World Bank-funded highway will cut transport costs and delays. Rail, logistics hubs, and industrial zones aim to build a modern multimodal network. Ethiopia is accelerating the rollout of key infrastructure to strengthen its supply chain with Djibouti, which handles nearly 80% of the...

The Nile River Festival is one of East Africa’s most iconic sporting events, held each year in Uganda on the mighty waters of the Nile. Hosted mainly in Jinja, often called the country’s adventure capital, the festival draws water-sports enthusiasts from around the globe. For several days, the river becomes the stage for world-class rafting, kayaking, and other water-based competitions,...

• Nigeria’s internet traffic and per-user data consumption have hit record highs.• This surge is driving urgent demand for resilient, high-capacity data-center infrastructure.• Facilities like Digital Realty’s new LKK2 are now essential to meet the country’s growing digital needs. Digital Realty, a provider of carrier-neutral data centers, colocation, and interconnection solutions,...

Senegal and Morocco will headline REF 2025 in Paris on 27-28 August, with President Faye confirmed and senior Moroccan officials expected Senegal will participate amid the first oil and gas production; Morocco could share views on automotive, aerospace clusters, and green energy. French companies from Orange, TotalEnergies, Engie, and Safran with presence in the two African countries...

Libya raised oil production to 1.38 million barrels per day in August 2025 and aims to reach 2 million b/d in the short and medium term. The European Union cut Russian crude imports from 29% in 2021 to 2% in early 2025, opening space for new suppliers. Libya signed deals with BP, Shell, and ExxonMobil in mid-2025 to expand oil field development and boost exports.  Libya is...

Monex Ventures and Uncovered Fund launched a $20 million investment fund for early-stage startups in Africa, the Middle East, and North Africa. The fund will target four sectors: finance, logistics, mobility, and sustainable agriculture, with investments up to $2 million per company. The move comes as African startup funding shifts, with debt accounting for 31% of...

Africa risks failure if it only trains a skilled but unwise generation, warns Felicia Appenteng, CEO of the Africa-America Institute. Over 70% of Africa’s population was under 30 in 2023, yet youth unemployment exceeds 35% in some regions. Ghana and Kenya are reforming education by shifting from rote learning to critical thinking and creativity. African economies continue to push...

Equity capital markets underwriting fees in Sub-Saharan Africa fell 66% in the first half of 2025 to US$5.5 million, the lowest since records began in 2000. Overall investment banking fees in the region dropped 4% year-on-year to US$169.3 million, their weakest first-half since 2012, with debt and syndicated lending offsetting sharp declines in M&A and equity. South Africa remained...

Burkina Faso ends Target Malaria, a GMO mosquito project funded by the Gates Foundation. The government cites biosafety risks, low impact, and scientific sovereignty in halting the program. The fight against malaria continues with vaccines, drug prevention, and mosquito net distribution nationwide. Burkina Faso has announced the termination of the Target Malaria project, a...

Mauritania, Toyota Tsusho plan renewable-powered desalination plant Project aims to produce 50,000 m³ water daily Nouadhibou emerging as energy, water, and industry hub The Mauritanian Ministry of Hydraulics and Toyota Tsusho signed a memorandum of understanding last week to build a renewable energy-powered desalination plant. The agreement reflects the city of Nouadhibou’s...