Botswana aims to take full control of De Beers as Anglo American plans to divest. The country already holds 15% and plays a central role in De Beers' operations. Analysts warn the move could expose the government to operational and financial risks. Botswana plans to pursue a majority stake in diamond giant De Beers, Mines Minister Bogolo Kenewendo told the Financial Times on...

Visa’s local data centre is expected to enhance payment reliability, reduce transaction latency, and support regulatory compliance—all critical factors for building a resilient and scalable digital economy across Africa. Global payments provider Visa Inc. inaugurated its first-ever data centre in Africa on July 23, marking a pivotal step in the continent’s digital finance evolution....

Hayo’s expansion into African markets brings boots on the ground—a proven approach for aligning services with local needs, culture, and regulations. With a youthful, tech-savvy population, local investment in digital sectors helps unlock employment, entrepreneurship, and digital literacy. Global digital solutions provider Hayo has announced the opening of new offices in Gaborone (Botswana),...

By pulling out of Tanzania's Kabanga project, the Australian mining giant has once again demonstrated its difficulty in establishing a lasting presence in Africa. The sale of its indirect minority stake in this nickel venture continues a two-decade pattern of advances and retreats within the African mining sector. This marks another chapter in a relationship defined by both ambition and...

Lower export taxes and record harvests fuel surge in grain shipments to the continent Highlights ● Sub-Saharan Africa imported nearly 5 million tonnes of Indian parboiled rice between October and April● The region accounted for 70% of India’s parboiled rice exports in that period● Price per tonne has fallen below $350, down from over $500 a year ago  India’s parboiled...

Jomo Kenyatta and Wilson International Airports will get new master plans to boost safety, capacity, and East Africa hub ambitions. Highlights ● Jomo Kenyatta International Airport handled 12M passengers in 2023, exceeding its 8M design capacity ● Privatization plans scrapped amid union backlash over jobs ● Kenya eyes 5M international tourists and 5M local tourists by 2027 Faced with...

A new report reveals that high data prices and handset costs are slowing down digital inclusion across the region. Highlights ● Sub-Saharan Africans pay 2.4% of monthly income for 1 GB of data—above the affordability threshold.● Mobile phone ownership lags behind the global average, mainly due to high device costs.● Only 45% of adults in the region used the Internet recently, compared...

Rebased figures lift Nigeria’s GDP to $243.5B in 2024, lowering debt burden and reshaping economic weight. Highlights: ● GDP Jumps 41.7% after rebasing with 2019 as the new base year, rising to ₦372.8 trillion ($243.5B) in 2024 from $187B earlier.● Debt-to-GDP Drops to 38.6%, below the government's 40% ceiling and well under IMF's 55% recommendation.● New Sectors Added...

RELANCE project to reach 850,000 young people with flexible, inclusive learning pathways. Highlights: ● $137 million in financing agreements signed on July 22, 2025.● Project targets 850,000 youths, with 50% girls.● Aims to transform education systems in both countries through digital, face-to-face, and vocational training. Mauritania and Chad have signed financing agreements...

Washington's third withdrawal from the UN agency could reshape project funding in Africa and global governance dynamics. HIGHLIGHTS ● U.S. withdrawal from UNESCO takes effect at the end of 2026, citing misaligned diplomatic interests and Palestine’s membership.● African educational and cultural projects face uncertainty, with some American-backed initiatives at risk of being affected.●...