• Government kicks off project to repair rural telecom sites inactive for nearly two years• Overhaul led by Universal Access Fund and telecom regulator aims to bring back voice and internet in hard-to-reach communities• Power shortages and infrastructure vandalism remain key challenges to sustainable service delivery The government of Liberia has launched a national project to restore and...

54% of global General Partners say Africa will outperform other emerging markets over the next five years South Africa and Kenya top the list of attractive markets, ahead of Egypt and Nigeria Currency volatility remains the biggest concern for investors in African private equity Africa is gaining momentum as a prime destination for private equity investments, according to a new...

Egypt signs a 50-year renewable agreement with Abu Dhabi Ports to build and run a new logistics and industrial zone First phase starts in late 2025, backed by $120 million in initial funding Project aims to boost trade, attract foreign investors, and create thousands of jobs Egypt’s Suez Canal Economic Zone is set to welcome a major new investment from the United Arab...

Rwanda launches KUBAKA, a new digital platform for building permit applications The system lets users apply, track, and receive permits entirely online Officials say it will speed up urban planning while reducing paperwork and in-person visits Rwanda has rolled out a new online platform that allows people to apply for building permits without ever setting foot in a government...

U.S. plans to pull out of the African Development Bank and African Development Fund, cutting $555 million from its contributions. The decision lands just as the Bank prepares a record $25 billion fundraising campaign for 2026–2028. The move could fast-track reforms that would allow the Fund to raise money directly from capital markets. The United States government...

Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. Foreign currency contracts face tighter restrictions, and tourists must use official channels to convert money. The move comes as the shilling weakens in 2025 after being one of the world’s strongest currencies in late 2024. Tanzania has banned the use of foreign currencies for...

Kodal Minerals and Hainan Mining reached an agreement with the Malian government in 2024 to keep operations running at the Bougouni lithium mine. The agreement required two $15 million payments, with the second installment originally due on March 31, 2025. UK-based Kodal Minerals announced on April 30 that it signed a $15 million loan agreement with Hainan Mining, its joint venture...

Pasofino Gold leads the Dugbe gold project in Liberia. The company published a feasibility study in 2022 that estimated the mine would require $397 million to develop. Three years later, construction has not started at the site. Pasofino Gold now plans to raise C$5 million (about $3.6 million) through a private placement, mainly to fund an updated feasibility study for Dugbe. The...

U.S. plans to slash 2026 foreign aid by $49.1 billion, targeting global health, education, agriculture $555 million cut to African Development Fund, U.N. peacekeeping missions defunded New aid strategy focuses on U.S. interests, boosts DFC to counter China’s influence The Trump administration unveiled its 2026 federal budget blueprint on May 2, and it is already raising...

By fostering strategic alliances and showcasing the nation’s digital potential on the global stage, the company is not only unlocking investment but helping shape a future where every Ethiopian is connected, included, and empowered. Safaricom Ethiopia is deepening its engagement with global partners as part of its mission to accelerate digital transformation and inclusive connectivity in...