Buraq Air signs deal for 10 Airbus A320neo jets at Dubai Airshow Carrier aims to modernize fleet, expand routes after conflict disruption Partners with Medsky Airways as operations resume from Tripoli base Libyan private carrier Buraq Air has signed a preliminary agreement to acquire 10 A320neo aircraft from Airbus. The memorandum of understanding was finalized at the Dubai Airshow on...

Qatar’s Emir visited Rwanda and the DRC as Doha deepened its mediation role in the conflict while expanding major economic commitments in both countries. The trip followed a framework deal in the Doha Process, linking political talks on the DRC crisis with Qatar’s growing investments and regional presence. Qatar advanced ties through mining, aviation, and infrastructure projects,...

China lifts its market share from 23.8% in 2016 to 52.5% in 2024, gaining 28.7 points. Imports of industrial machines more than double, rising from 243.7 bn CFA in 2010 to 512.8 bn CFA in 2024 (INS estimate: 573.6 bn CFA). Cameroon exempts EU equipment from all customs duties since August 4, 2023, yet EU market share falls nearly 20 points over eight years. Cameroon sees China...

The NICTBB backbone already covers 78% of Tanzania and receives 73 billion TZS (≈ USD 30 million) for its next expansion phase. Tanzania is building two public data centers (Dodoma and Zanzibar) and preparing a National Cybersecurity Centre. The digital ID system already counts over 24 million registrations. Tanzania accelerates its digital transformation through sustained...

Glencore’s attributable production falls to 122,000 barrels over nine months, down from 176,000 barrels in 2024. Cameroon’s government revises national oil output to 19.81 million barrels, down from 20.71 million barrels. The state lowers its budget reference price to $66.94 per barrel, from $72.84. Cameroon relies heavily on oil rents to finance development. The...

ECOWAS launched the second phase of PAMCIT to expand training in translation and conference interpreting. The global market for professional language services is expected to grow 4.7% between 2023 and 2032. Nearly 99% of UN job postings required English between 2020 and 2023, underscoring major linguistic imbalances. ECOWAS launched on Friday, 14 November, the second phase of...

Germany, Norway and CAFI jointly committed $87 million to Canopy Trust as first-loss capital at COP30. The initiative aims to attract at least $500 million in private investment in deforestation-free value chains in Central Africa by 2035. Four pilot projects in Bankana will combine charcoal production and cassava processing under an integrated agroforestry model. The...

The government seeks to recover $54.8 million in unpaid mandatory contributions for 2023–2024. Only 29.59% of expected contributions were paid in 2023 and 49.55% in 2024. Authorities plan enforcement measures to compel operators to comply with the law. Burkina Faso wants to recover more than CFA31 billion ($54.8 million) in unpaid contributions owed by mining and quarry...

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing package to Invictus Investment Company PLC (ADX: INVICTUS), a leading agro-food enterprise in the Middle East and Africa. The financing package is structured as an acquisition finance and revolving credit facility and will support Invictus Investment’s expansion into new markets while also...

Mozambique granted TotalEnergies a 4.5-year extension to compensate for the force-majeure suspension imposed since 2021. TotalEnergies estimates the suspension added about $4.5 billion in extra costs. Mozambique requested an independent audit to verify expenditures made during the force-majeure period. The Mozambican government granted TotalEnergies a 4.5-year extension on...