The ARIA platform is now active in Guinea and Togo, with Proparco joining as a financial partner to support private sector growth. Since its 2021 launch, ARIA has helped mobilize over $50 million in investments across underserved African markets. Of the companies identified by ARIA, half aim to cut imports or boost exports, and 43% require technical support to secure investor...

SCAF is co-financing Konexa’s $80 million solar energy project in Nigeria, which includes a 50 MW power plant and infrastructure to serve two industrial sites. The investment aims to expand renewable electricity supply and strengthen Konexa’s clean energy trading platform. This early-stage support helps turn clean energy projects into viable investments and supports...

• Guinea-Bissau intensifies its digital transformation push, focusing on health services. • Partnership with Italy’s Antares Vision Group to digitize the pharmaceutical system. • Move aims to address healthcare gaps and improve access to care using ICT tools. Guinea-Bissau is ramping up efforts to modernize its healthcare system as part of a nationwide digital transformation strategy...

Quilemba Solar, a joint venture of TotalEnergies (51%), Sonangol (30%), and Maurel & Prom (19%), is building Angola’s largest private solar power plant. The plant, located in Huíla province, will start with 35 MWc capacity and could expand to 80 MWc, powering 40,000 households by early 2026. Angola aims to boost energy access through more private and solar investment, as solar...

• Madagascar signs $90M deal with Israeli firm LR Group to launch a smart agriculture project.• The plan covers 10,000 hectares across four regions and aims to help over 10,000 small farmers.• Technologies include solar irrigation, hybrid seeds, satellite tracking, and AI for crop planning. Madagascar announced a partnership with Israeli group LR Group Ltd on a $90 million smart...

• Benin is accepting applications for the "Next Impact" program until June 14, offering funding and support to young entrepreneurs.• Selected projects can receive up to CFA30 million and benefit from six months of training, coaching, and expert access.• The program targets key sectors like agro-industry, green economy, and tech to help build strong, job-creating businesses. Benin is...

• EgyptAir orders ten Airbus A350-900 jets as part of a plan to grow its fleet from 70 to 97 aircraft by 2028.• The airline aims to strengthen its position against Ethiopian Airlines and Royal Air Maroc.• African air travel is expected to grow by 5.2% per year until 2040, despite structural challenges in the sector. Africa’s air travel market has long been led by three major players:...

• EU- and Germany-funded program launched to boost private investment in Zimbabwe’s clean energy• Platform will offer financial advice, regulatory support, and project development help• Solar energy prioritized as hydro production weakens under recurring droughts Yesterday, the GET.invest and GET.transform programs officially launched a new country window in Zimbabwe. Funded by the...

• Africa loses over $587 billion annually to capital flight, driven by corruption and illicit flows• External capital inflows totaled just $190.7 billion, far below the continent’s needs• AfDB calls for transparency and a reassessment of Africa’s risk profile During the African Development Bank’s presentation of its 2025 economic outlook for Africa, Professor Kevin Chika...

• South Africa explores US collaboration on hydraulic fracturing to access vast shale reserves• The Karoo Basin could hold up to 209 trillion cubic feet of gas, but legal and environmental hurdles remain• The government sees shale as a transitional energy source amid chronic power outages Amid an ongoing energy crisis, South Africa is reviving interest in a long-debated plan to exploit...