African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four” dominate activity Mergers and acquisitions among African startups reached a record 67 deals in 2025, a 72% increase from 2024, according to TechCabal Insights’ “The State of Tech in Africa 2025” report, published on Friday, Jan. 23,...

Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the Asanko mine. Drilling programs are planned at Abore and Esaase, with updated estimates due in 2027. Galiano Gold plans to invest at least C$17 million ($12.5 million) in gold exploration in Ghana, the company said in a statement released on...

Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin worsens economic strain Niger’s military leader, General Abdourahamane Tiani, on Thursday accused the presidents of France, Benin and Côte d’Ivoire of backing an attack after reports of gunfire and explosions overnight near Diori...

African Union, U.S. launch infrastructure and investment working group Initiative targets trade, logistics, digital projects under Agenda 2063 Group seeks to mobilize U.S. private capital for African infrastructure The African Union Commission (AUC) and the United States have launched a Strategic Infrastructure and Investment Working Group (SIWG), following talks between AUC Chairperson...

Coffee, cocoa price slump leaves 1,500 tonnes unsold in Togo Cocoa prices fall sharply, halving exports year-on-year Sector urges coordinated losses to clear stocks, revive trade A sharp drop in international coffee and cocoa prices is putting heavy pressure on Togo’s economy, as the two commodities are among the country’s main export earners. The downturn has left about 1,500 tons of...

Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards in the current bidding round. The move comes as investment and crude output remain below government targets. Nigeria’s federal government has announced easier financial terms for access to its ongoing oil licensing round. The information...

DHL adds two Boeing 737-400 freighters to sub-Saharan Africa network Aircraft based in Lagos to cut transit times, boost trade reliability Expansion supports e-commerce growth and AfCFTA-driven trade DHL Aviation announced on Tuesday, January 27, 2026, that it is adding two Boeing 737-400 freighters to its sub-Saharan African network to strengthen its logistics capabilities on the...

Standard Bank arranged a $250m facility to fund Aradel Energy’s expansion and acquisition plans. The deal allows Aradel to raise its stake in ND Western to 81.67% and gain majority control. The transaction strengthens the role of Nigerian producers as international majors exit onshore assets. Standard Bank has completed a $250 million financing facility to support the strategic...

Mozambique expects Rovuma LNG construction to start within 12-18 months Improved security enables restart of major northern gas projects ExxonMobil-led Rovuma LNG targets 18 million tonnes annual capacity Mozambican President Daniel Chapo said on Thursday, Jan. 29, that he expects construction of the Rovuma liquefied natural gas (LNG) project, operated by ExxonMobil, to begin within 12 to...

Egypt signs Schneider Electric pact to advance green economy transition 2026-2029 partnership supports climate-resilient agriculture and food security Deal aligns with NWFE platform under Water-Food-Energy Nexus Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, signed a memorandum of understanding with Schneider Electric Egypt on Thursday,...