Mali approved the transfer of the Kobada mining license to Canada’s Toubani Resources. The decision clears the way for construction after approval of the 2023 mining code and environmental permit. The project targets average annual production of 162,000 ounces over a 9.2-year mine life. In a decree adopted during a cabinet meeting held on Wednesday, January 28, the Malian government...

Sasol issued a precautionary force majeure notice over potential gas supply disruptions from Mozambique. Flooding damaged roads in Mozambique and disrupted logistics linked to gas production, including condensate transport. Gas flows continue without interruption, and customers received no request to curb consumption. Sasol warned its customers on Wednesday, January 28, of a potential risk...

Tunisia has launched the 13th edition of the Riyeda entrepreneurship fair in Tunis. The two-day event aims to attract more than 10,000 entrepreneurs, startups, and investors. The focus is on private initiative, inclusion, and job creation. Tunisia launched the 13th edition of the Riyeda entrepreneurship fair on January 28. Organized by TPM Events, a company specializing in...

Mali obtained official usage rights and dedicated logistics facilities at the port of Conakry under bilateral agreements with Guinea. Mali’s cabinet approved the free transfer of 10 hectares of land to support storage and transport infrastructure linked to the port. The move aims to reduce Mali’s reliance on the Dakar and Abidjan corridors amid regional disruptions. Mali and...

The IMF approved program reviews, enabling an immediate $91m disbursement to Mauritania. Total IMF financing to the country since 2023 now stands at about $258mln. Authorities met most quantitative and structural reform targets under the programs. The International Monetary Fund’s executive board has completed the fifth review of Mauritania’s programs under the...

Cassava Technologies and AXON Networks have signed a partnership on network virtualization in Africa. The alliance targets cost reduction and faster upgrades from 4G to 5G for operators. The project aims to deploy an AI-driven, end-to-end operator-as-a-service platform. Cassava Technologies and AXON Networks have announced a strategic partnership to develop and deploy a telecom...

Private equity firm CAPZA acquired a minority stake in Concerto without changing governance. Concerto aims to accelerate international expansion, particularly in Africa and the Middle East. CAPZA manages more than €10.5 billion in assets and targets high-strategic-value service businesses. Concerto announced the entry of CAPZA, a leading European private equity firm,...

Toubani Resources plans to update mineral resources at its Kobada gold project. The company aims to identify additional gold volumes beyond the 2024 estimate. Kobada currently hosts 2.2 million ounces of mineral resources. Toubani Resources plans to update the mineral resource estimate for its Kobada gold project in Mali in the first half of 2026. The move, announced in a Jan. 29...

Kenya and the Czech Republic signed a defense cooperation agreement in Nairobi. The deal covers military training, peacekeeping, intelligence, and cybersecurity. Bilateral trade reached $30.8m in 2024, according to ITC data. Kenya and the Czech Republic signed a defense cooperation agreement on January 28 in Nairobi, marking a new step in the strengthening of bilateral...

Kenya will launch a digital platform to automate payments on external debt. The system goes live on February 2, 2026, with a one-month transition period. External debt accounts for nearly half of Kenya’s total public debt. Kenya’s National Treasury announced on January 27 it will soon roll out a digital system designed to automate external debt payments. The announcement...