BRVM and Africa50 signed a deal to create new infrastructure financing tools The plan includes issuing infrastructure bonds and attracting long-term capital Target investors include pension funds, institutions, and individual savers The Regional Stock Exchange (BRVM) and Africa50 have signed an agreement to develop new financing tools for infrastructure across the West African...

Morocco loses 30% of citrus harvest yearly due to poor logistics infrastructure Drought has reduced orchard area and cut exports by nearly one-third Government aims to revive exports with incentives and better post-harvest systems Morocco's citrus industry, the country’s second-largest fruit export after berries, is under growing pressure from drought and inadequate logistics...

InterSAT is in talks with Eutelsat to add LEO satellite capability to its network The plan would start in East Africa but no deal has been signed yet The company aims to boost coverage in a region where internet use is still low InterSAT, a satellite internet provider, is looking into the use of low earth orbit (LEO) satellites to expand its services across Africa. The company...

Ethiopia exported 354,302 tons of coffee in 10 months, a 70% year-on-year jump Export earnings rose 30% to $1.87 billion, with strong global demand  Authorities aim to reach $2 billion by fiscal year-end in June Ethiopia has reached a historic milestone in its coffee exports, setting new records in both volume and revenue during the current fiscal year. Coffee is...

Bboxx chosen for World Bank’s $300M DARES solar electrification initiative Program aims to bring off-grid power to 2.7M households and businesses Nearly 90 million Nigerians still lack reliable electricity access Bboxx has been selected to take part in a new $300 million solar program funded by the World Bank to improve energy access across Nigeria. The company...

Decisions on Venus and Kudu oil and gas fields expected by late 2026 TotalEnergies to submit Venus development plan by July 2025 Namibia aims to fast-track monetization of offshore resources Namibia expects final investment decisions on its major offshore oil and gas fields by the end of 2026, as it pushes to develop newly discovered resources in its waters. On May 13, Maggy...

$615 million approved for airport infrastructure and equipment upgrades Projects include new terminals, control centers, and navigation systems Goal is to raise service quality amid rising passenger traffic Nigeria has approved a $615 million investment to modernize its airports and upgrade security equipment as part of an ongoing national aviation improvement plan. The...

Exxaro, a leading coal producer in South Africa, has traditionally centered its operations around coal. However, in recent years, the company has pursued a diversification strategy targeting minerals critical to the global energy transition.  On May 13, 2025, Exxaro announced the acquisition of Ntsimbintle Mining, a manganese mining company in South Africa, for 11.67 billion rand...

Like gold’s, silver’s prices also surged in recent months. Aya Gold & Silver, a mining company that recently boosted its silver production capacity in Morocco, stands to gain substantially from this rise.  On May 13, Aya Gold & Silver announced a remarkable 192% year-over-year increase in silver output at its Zgounder mine for Q1 2025. Coupled with a 50% rise in the average silver...

  Senegal starts converting Bel Air plant to LNG to cut oil dependence   Finnish firm Wärtsilä is handling the project in two phases through 2025   The move supports national goals for energy security and cost stability Senegal has taken a major step in reshaping its energy system. On Tuesday, May 13, officials confirmed that the country has launched the process to...