As work on the first phase of the Ahmed Sékou Touré International Airport expansion continues, Guinean authorities have announced their intention to move forward with phase two. The goal is to support growing air traffic and sustainably modernize the country’s airport infrastructure. The Guinean government is getting ready to kick off Phase 2 of the Conakry airport expansion project. Details...

• Loulo-Gounkoto mine remains shut as Mali’s administrator seeks to restart it by selling stored gold• Barrick halted operations in January over export blocks; legal disputes are ongoing• Reopening timeline unclear; Barrick contests Mali’s actions at ICSID Soumana Makadji, the provisional administrator of Mali's Loulo-Gounkoto gold mine, is continuing negotiations to restart operations...

Hive Coega has officially entered its construction phase, with tenders now out for its core infrastructure. This milestone comes four years after the project was first launched. Hive Coega involves the entire technical process, from generating power through renewable energy sources to handling export operations. Hive Coega, South Africa’s largest green ammonia initiative, has entered a crucial...

Côte d’Ivoire, the world’s leading cocoa producer, has set an ambitious target: to process 100% of its cocoa crop at the first stage by 2030. While the government is actively encouraging investment in this processing sector, the industry still grapples with significant underlying structural challenges. Côte d’Ivoire's cocoa processing sector is currently facing a challenging period....

• Senegal raised $2.25 billion regionally in H1 2025 after IMF funding froze over $7 billion in hidden debt• Public debt hit 119% of GDP; debt service costs rose sharply despite strong economic growth• Government shifted to longer-term bonds and plans fiscal reforms in a July recovery plan Senegal has significantly increased its reliance on the regional debt market after...

• Nigerian household debt reached a record \$38.7 billion in April 2025, 20.4% of GDP, surpassing corporate debt• Inflation (23%) and low incomes are driving borrowing for consumption and small business needs• Rising defaults pose risks to banks, especially smaller ones, despite strong profits at major lenders Nigerian household debt reached a record $38.7 billion in April 2025,...

• Nigerian Clarion Shipping West Africa Limited debuts vessel aimed to service the cabotage market in the country, and potentially beyond. • The move aligns with broader efforts to support the African Continental Free Trade Area by fostering reliable intra-African cabotage, powered by local players. Africa’s cabotage market is mostly dominated by international shipowners. But the recent...

 • Kamoa-Kakula, DRC's largest copper mine, boosts production by 31% to 245,127 tonnes in H1 2025, despite a temporary halt in operations in May. • Despite the surge, the annual production is still projected to decline. The Democratic Republic of Congo's largest copper mine, Kamoa-Kakula, recorded an increase in processing capacity following the commissioning of a new concentrator...

• The IMF has approved an immediate disbursement of $367 million to Ghana, bringing the total financial support provided to the country since May 2023 to nearly $2.3 billion. • Despite growth, exceeding expectations in 2024 and Q1 2025, due to strong performance in mining, agriculture, ICT and construction sectors, the IMF notes a decline in the implementation of economic...

• The African Free Trade Area (AfCFTA) adjustment fund grants a $10 million loan to Telecel Global Services to boost digital connectivity and commercial integration in Africa. • This financing, in the form of a guaranteed first rank repayable loan, marks the fund's first transaction and will support Telecel's expansion in Ghana and Liberia as well as bolster its...