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• Chinese company Jetty Automotive Technology inaugurated a new automotive cable manufacturing unit in Borj Cedria, Tunisia, on September 8.• The plant targets a production capacity of 5,000 cable harnesses per day by year-end and expects to create 1,000 direct jobs.• This investment strengthens Tunisia's position in the automotive sector, diversifying its industrial partners and...
• International Lithium Corp (ILC) announced an option to acquire Lepidico's 80% stake in the Karibib lithium project in Namibia for C$975,000.• The Karibib project holds 11.9 million tonnes of mineral resources at 0.45% lithium oxide.• ILC positions for a lithium market recovery, despite current oversupply and price downturn, with long-term demand driven by the energy transition.
In...
• Algeria’s SNS signs $950 mln agreements with partners from Senegal and China• Deals aim to raise steel output, exports, and local integration• Algeria eyes regional hub status with Gara Djebilet iron mine
Algeria’s National Steel Company (SNS) signed eight agreements worth a total of $950 million on September 9 with companies from Senegal, China and others on the sidelines...
• Kenyan firm KickStart enters Senegal’s irrigation market with low-cost pumps• Partnership with Nafiyo Solutions aims to support small farmers• Only 9% of farm households used irrigation in 2022/23, official data show
Kenyan irrigation equipment maker KickStart has launched operations in Senegal, the Ministry of Agriculture said in a statement on Tuesday, September 9.
For its first...
• Bank of Ghana slashed policy rate to 25%, but credit costs remain among the world’s highest.• The Cedi has reversed early-year gains, down 31% since June, with forecasts pointing to further weakness.• Q2 GDP grew 6.3% on services and commodities, but import demand and uneven inflation weigh on stability.
Ghana’s central bank is treading a fine line between stimulating growth and...
• Fortuna Mining allocates $19M to greenfields exploration in Côte d’Ivoire, Mexico, and Argentina.• Work near Séguéla mine targets Guiglo and Tongon North, with drilling and surveys scheduled in late 2025.• The company trims Burkina Faso exposure after new mining rules, retaining focus on stable jurisdictions.
Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) has approved a $19...
Burundi’s central bank picks LSEG to modernize FX, liquidity, auctions, and market oversight systems.
The deal, announced Sept. 10, 2025, features LSEG Workspace, FX Trading, Money Market, Auctions, and Market Tracker.
BRB Governor Bigendako and LSEG’s Nadim Najjar confirmed the partnership as a full market infrastructure upgrade.
The Banque de la République du Burundi (BRB) has...
• Flutterwave partners Clear Junction to strengthen remittance reach, with opportunities including its Ghana's market• Bank of Ghana suspended Flutterwave’s role in new remittance partnerships for one month effective 18 September 2025.• Ghana received USD 4.7b in remittances in 2023, making it the second-largest recipient in Sub-Saharan Africa after Nigeria.
Flutterwave has aligned with...
• Rwanda proposes bill to modernize 38-year-old traffic laws• New rules cover speed cameras, drug driving, digital monitoring• Reform targets road safety, aligns with global transport standards
The Rwandan government submitted a new bill to parliament on Tuesday aimed at better regulating road traffic. The initiative seeks to replace laws that are nearly 38 years old, arguing that current...
• Gabon plans reforms to curb rising non-performing bank loans• NPLs hit 10.2% of total loans in 2024, AfDB says• Credit tightens despite liquidity surplus; private lending slows
The Gabonese government plans to implement a series of reforms to strengthen its banking and microfinance system and prevent systemic risks, according to an official statement released after a Council of Ministers...