Prime Minister Ousmane Sonko officially launched the second edition of the Invest in Senegal Forum (FII Senegal 2025) this Tuesday, scheduled to take place on October 7 and 8, 2025, at the Abdou Diouf International Conference Center (CICAD) in Diamniadio, located 25 km from Dakar. This major event is part of the Senegal Vision 2050 and represents a decisive milestone in the structural...

• Africa, home to 30% of global critical mineral reserves, is projected to receive $50 billion in production investments by 2040.• Most of this funding will target copper, with cobalt drawing smaller shares.• The IEA urges faster moves from African nations to convert interest into concrete projects. Africa holds about 30% of the world's reserves of critical minerals and is...

• Petrobras signs two new cooperation agreements with Angola’s Sonangol and oil regulator ANPG as part of its return to African oil and gas.• The agreements cover joint studies and research in oil and gas, without immediate financial commitments.• This marks Brazil’s renewed energy partnership with Angola and a broader Petrobras strategy to re-enter African markets. Brazil’s...

New draft policy links telecom licenses to local investment commitments Starlink's entry could be easier, though officials deny favoring Elon Musk’s firm Public consultation on the proposal is open for 30 days before any final decision Yesterday, South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, defended a new draft policy direction before...

• Egypt is doubling the storage capacity of its main edible oil terminal in Alexandria to 150,000 tons to improve food security.• The move comes amid growing domestic demand and global price volatility, with soybean oil imports set to quadruple in 2024/2025.• The project is part of a national strategy to upgrade storage and distribution infrastructure for critical food supplies. Egypt,...

• Swedfund joins Novastar Ventures' third fund with a $10 million commitment to back green startups in Africa• The fund targets clean energy, sustainable agriculture, and circular economy businesses in Kenya and Nigeria• Novastar's growing portfolio includes ventures like BasiGo and energy-from-waste innovations Swedfund, Sweden’s development finance institution, has...

Africa Finance Corporation lends about $113 million to Mota-Engil Africa to carry out gold mining projects in Ivory Coast and Mali The funds will be used to buy equipment and expand operations, helping create jobs and bring in more foreign exchange The project builds on a long-standing partnership between AFC and the construction firm Africa Finance Corporation (AFC), a...

Salpha Energy secures 2 billion naira from All On to strengthen local solar production. The funding aims to boost industrial capacity and scale access in underserved areas. Over 2 million Nigerians have benefited from Salpha’s off-grid power solutions. Salpha Energy, a company focused on local assembly and distribution of solar units for off-grid areas, announced on May 21 it...

Tanzania plans to boost local palm oil production to cut down on imports that meet over half of its edible oil needs. The country seeks technical and training support from Indonesia, the world’s top palm oil producer.  A partnership agreement includes short- and long-term training for Tanzanian experts and farmers. Tanzania, which depends heavily on imported edible oil,...

Algeria Telecom begins public survey to locate underserved areas lacking fiber optic internet.  Neighborhood committees are asked to submit data to support 2026 network expansion plans. Initiative supports FTTH rollout and aims to bridge the national digital divide. Algeria Telecom has launched a digital survey to identify zones still lacking access to its fiber optic network....