(FORREST GROUP) - The Kinsuka hydropower project is one of the flagship energy infrastructures set to sustainably strengthen the electricity system of the Democratic Republic of Congo (DRC). Developed by the Kinsuka Power Joint Venture, the project aims to significantly increase national power generation capacity in response to the country’s growing economic and industrial needs. Located on...

AFRIGREEN, BGFIBank sign €28 million loan for Gabon solar plant Financing backs 30 MW phase with 8 MWh storage Project part of Vision Gabon 2030, 25-year PPA signed AFRIGREEN Debt Impact Fund and BGFIBank said on Friday they had signed a €28 million loan agreement benefiting SOLEN SA. The loan will finance the first phase of the Plaine Ayémé solar power plant, located about...

Congo distributes 200 coding tablets to Brazzaville pilot schools UNESCO-Codemao partnership follows China training for teachers, students Initiative targets youth unemployment, expands digital skills programs A youth coding initiative in the Republic of Congo marked a milestone on Thursday with the distribution of 200 coding tablets to pilot schools in Brazzaville. The ceremony was held...

Carrefour targets 22 African markets under 2030 strategy Expands via franchise deals in Ethiopia, Ghana Move intensifies rivalry with market leader Shoprite Carrefour aims to become Africa’s leading grocery retailer within four years, according to its “Carrefour 2030” strategy unveiled on Wednesday, Feb. 18, as the French group accelerates its international expansion drive. The...

Naira strengthens to 1,348 per dollar, boosting assets Lagos market gains 25,000 billion naira in two months Dangote, Rabiu fortunes surge as currency and stocks rise The naira has strengthened since the start of 2026, increasing the dollar value of assets held by Nigeria’s wealthiest individuals. The currency has appreciated on the official foreign exchange market, stabilizing at...

Côte d'Ivoire increased fresh fish import volumes from about 388,000 tons in 2015 to more than 732,000 tons in 2024, a rise of nearly 90%. The country doubled its import bill from CFA229 billion ($411.7 million) to more than CFA518 billion over the period. Chile overtook China as Ivory Coast’s top supplier in 2024, with CFA88 billion in sales. In Côte d'Ivoire, as in other West African...

The government kept the minimum farmgate price at CFA385 ($0.69) per kilogram for the 2026 campaign. Authorities suspended exports from February 21 to April 1 to prioritize local processors and SONAGESS. Cashew processing volumes fell 33% to 10,000 tons in 2025, according to N’kalô. In Burkina Faso, the government decided to maintain the minimum farmgate price for raw cashew nuts at...

Anglo American booked a $2.3 billion impairment on De Beers in 2025, following a $2.9 billion writedown in 2024. The group plans to complete a structured sale of De Beers in 2026 as part of a broader portfolio overhaul. Botswana and Angola have expressed interest in acquiring significant stakes, alongside international investors. In its financial report published on Friday,...

UNESCO allocates $50 million to Côte d'Ivoire NDP Funding supports education, culture, science, communication sectors NDP 2026-2030 targets 7.2% average growth UNESCO has allocated a financial package of approximately $50 million, around 27.8 billion CFA francs, to support the implementation of Côte d'Ivoire's National Development Plan (NDP) for 2026-2030. The announcement was...

Senegal trade rose 19.4% to 13,214 billion CFA Exports jumped 51.8%, driven by gold and oil Economy grew 7.9% in 2025, IMF says Senegal's  total trade rose 19.4% to 13,214.3 billion CFA francs (approximately $23.76 million) in 2025, from 11,070.5 billion CFA francs in 2024, according to the latest foreign trade bulletin published on Thursday by the National Agency for Statistics...