After years of discussion, the plan for a rail connection between Botswana and Zambia is now entering a critical phase. This segment's development is part of a broader geoeconomic competition among regional corridors. The Mosetse-Kazungula-Livingstone railway project, which aims to link Zambia with Botswana, is entering a significant phase with the signing of a memorandum of understanding with...

Having stepped down as chairman of Dangote Sugar in June, Aliko Dangote is now also leaving the leadership of Dangote Cement. He is refocusing his efforts on the Lekki refinery, fertilizers, and petrochemicals—capital-intensive sectors where he maintains direct control. Aliko Dangote is no longer chairman of Dangote Cement. The board of directors approved the decision on Friday, July 25,...

In an era marked by sharp swings in commodity prices and global events that disrupt supply chains, the report underscores that transforming raw materials into higher-value products is fundamental for achieving a more prosperous and resilient economy. Forty-six of Africa’s 54 countries depend on raw material exports like hydrocarbons, agricultural products, and minerals. This is according to a...

(ETHIO TELECOM)-At a media event held at the Ethiopian Science Museum, Ethio Telecom CEO Frehiwot Tamiru presented the company’s 2024/25 fiscal year performance results, announcing a 72.9% year-on-year increase in total revenue and the successful completion of its three-year LEAD Growth Strategy. For the fiscal year running from July 2024 to June 2025, Ethio Telecom generated 162 billion...

• Angola and Portugal signed eleven agreements covering security, transport, education, and investment.• Lisbon increased its credit line to Angola by €750 million ($873 million) targeting infrastructure, energy, education, and health.• Bilateral trade reached $1.2 billion in 2024, reflecting deep historical and strategic ties. Angolan President João Lourenço reinforced...

• Malnutrition cases in Katsina State surged 208% compared to 2024.• Since early 2025, 652 children died at MSF facilities from lack of timely treatment.• The World Food Programme risks suspending aid for 1.3 million people without $130 million funding. Northern Nigeria struggles with escalating food insecurity, driven by ongoing conflict and economic hardships. Médecins Sans...

• Ethiopia and Italy signed a joint declaration to deepen cooperation during a bilateral meeting in Addis Ababa.• The cooperation framework includes a financial package of €180 million in soft loans and grants.• The deal targets agricultural and industrial development, plus basic health and education services. Ethiopia and Italy signed a joint declaration to strengthen their...

• US suspended all immigrant and non-immigrant visa issuance at its Niamey embassy from July 2025.• Trade between the US and Niger fell sharply from $125.2 million in 2022 to $49.7 million in 2024.• The visa suspension awaits US government’s response to "concerns regarding the government of Niger." Since Niger’s 2023 military coup, Washington and Niamey have seen strained...

• Equatorial Guinea’s economy will contract by 3.1% in 2025 after a modest 0.9% growth in 2024.• Afreximbank will raise $4.5 billion to fund the EG-27 LNG project, spearheaded by Sonagas.• The EG-27 project aims to process 360 million cubic feet of gas daily, producing 2.4 million tonnes of LNG annually over 20 years. Equatorial Guinea’s economy will shrink by 3.1% in 2025,...

• Ahafo produced 402,000 ounces of gold in H1 2025, up 7% from H1 2024.• Newmont anticipates full-year 2025 production to fall to 670,000 ounces from 798,000 ounces in 2024.• The new Ahafo North project will start producing in H2 2025, adding 50,000 ounces this year and boosting future output to 850,000 ounces annually. Ghana’s Ahafo gold mine produced 402,000 ounces in...