• CNPC and South Sudan sign plan to rehabilitate key oil blocks 1, 2, 3, 4, and 7• Output remains at 60,000–90,000 barrels/day amid ongoing export disruptions• CNPC commits resources and tech support; concerns linger over governance, impact South Sudan is partnering with China’s state-owned CNPC to revive its struggling oil sector, aiming to boost output that currently ranges between...

• President Museveni signs law allowing military courts to judge civilians• Move follows Supreme Court ruling barring such trials as unconstitutional• Critics see the measure as undermining rule of law ahead of 2026 elections Human rights organizations are denouncing what they call an authoritarian shift in Uganda as the 2026 presidential elections approach. On Monday, a new law...

• Government to invest $30.9 million yearly to boost sugar sector• Funds sourced from a 4% Sugar Development Levy on local output and imports• Allocation to cover plantation expansion, infrastructure, research, and factory upgrades The Kenyan government has announced a new plan to support the country’s sugar industry. On June 16, Agriculture Minister Mutahi Kagwe unveiled an annual...

• Giyani Metals receives EXIM Bank interest for $225 million in project financing• K.Hill to become Botswana’s first manganese mine, with $284 million capex• Site expected to produce 80,000 tons of battery-grade manganese sulphate annually Giyani Metals is advancing plans to establish Botswana’s first manganese mine through its K.Hill project. A preliminary economic review...

• Fixed broadband remains too expensive across Africa, limiting access and usage• High setup fees and limited fiber network coverage hold back adoption• Experts call for stronger investment and public policies to cut costs and expand reach Fixed broadband is meant to be the backbone of Africa’s digital transformation. But for most people on the continent, it remains a luxury. Despite...

Jobless rate drops 0.8 points year-on-year, steady quarter-on-quarter Youth and women see unemployment rise despite overall improvement Member states pursue national strategies to boost job creation The unemployment rate across the West African Economic and Monetary Union (WAEMU) stood at 11.6% in the first quarter of 2025, down 0.8 percentage points year-on-year, according to the...

$13.7 million disbursed under ECF and RSF agreements Funds to support macroeconomic stability and climate resilience Growth forecast cut to 3.2% amid tourism slowdown The International Monetary Fund (IMF) has approved a disbursement of $13.7 million to Seychelles under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF). The announcement...

Foreign firms secured $1.4 billion in mining contracts vs. $452 million for locals Local suppliers face challenges meeting strict industry standards Authorities promote financing and matchmaking to boost local content Foreign suppliers secured CFA810 billion ($1.4 billion) worth of contracts in Senegal’s mining sector in 2021, while local suppliers obtained just CFA256...

Government targets tech hubs, skills development, and startup funding Over 21 million young Tanzanians already active in digital sectors Internet subscriptions surged 86% between 2020 and 2024 Tanzania is positioning itself to become a leading digital innovation hub in East Africa, leveraging its youthful population and growing startup ecosystem. Ranked 7th in the 2024 East African...

Lion Group to explore and exploit gold, copper, and manganese in Algeria Malaysian firm plans $8 billion investment in metallurgy and steel sectors Mega project to be established in Boumerdès over 300-hectare site Malaysian conglomerate Lion Group has signed a memorandum of understanding with Algeria’s National Company for Mining Research and Exploitation (Sonarem) to...