Perseus Mining gold output fell 14% to 431,684 ounces in 2025 Lower production reported at Ivorian mines and Ghana’s Edikan Output dip aligns with mine plans ahead of Nyanzaga commissioning Perseus Mining produced 431,684 ounces of gold in 2025, representing a 14% year-on-year decline. The Australian company, which operates three mines in Côte d’Ivoire and Ghana, reported these...

Congo public debt fell to 74.11% of GDP in 2025 Domestic borrowing dominates, accounting for 61% of total debt Short maturities loom, with 15.47% due within 12 months The Republic of Congo’s outstanding public debt fell in 2025. Debt stood at 7,229.63 billion CFA francs ($13.16 billion), or 74.11% of GDP, according to the 2026-2028 Medium-Term Debt Management Strategy published by the...

Namibia’s telecom regulator plans a phased switch-off of 2G and 3G networks starting in 2026. The country aims to rely on 4G, 5G, and low-Earth-orbit satellites to expand broadband access. High rollout costs and device affordability remain key challenges to adoption. Namibian telecom operators are expected to begin a gradual shutdown of 2G and 3G networks starting this year, according to...

Air Tanzania has started direct flights between Dar es Salaam and Accra, operating three times a week. The route strengthens East–West Africa connectivity and supports tourism growth. The launch fits Tanzania’s broader strategy to expand its national carrier’s network. Air Tanzania has officially launched a direct air route between Dar es Salaam and Accra, Ghana, with flights...

Gold prices climbed above $5,500 an ounce, setting a new all-time high. Safe-haven demand is rising amid dollar weakness and geopolitical uncertainty. African gold producers are adjusting fiscal terms as prices surge. Gold prices accelerated again on January 29 reaching a new record above $5,500 an ounce. The rally comes against a backdrop of persistent US dollar weakness and...

Tunisia’s state power utility has launched a partnership with the EBRD on grid digital security. The project focuses on cybersecurity, IT-OT convergence, and renewable energy integration. The move supports Tunisia’s push to raise renewables to 30% of its power mix. Tunisia’s state-owned electricity and gas utility, STEG, said on Thursday, January 29, 2026, that it has launched a...

Chinese importers continue to prioritize Brazilian soybeans over US supplies. Price and tariff gaps keep US soybeans less competitive despite a trade truce. Diplomatic talks could influence China’s future soybean purchases from the US. China’s renewed appetite for US soybeans is still slow to materialize. Under a trade truce reached with Washington in December, Beijing committed to...

The World Bank is preparing a $250 million grant-funded project to support SME financing in Niger. The project aligns with Niger’s national resilience and reform strategy under the PRSP framework. The initiative aims to expand medium- and long-term bank credit for local small and medium-sized enterprises. The World Bank is preparing a financial sector support and SME financing...

The African Development Bank approved a $16.5 million loan to finance a 35-MW geothermal plant in Kenya. The OrPower Twenty-Two project will sell electricity to Kenya Power under a 25-year power purchase agreement. The Menengai geothermal field will reach 105 MW of installed capacity in its first phase. The African Development Bank approved a $16.5 million loan to Kenya to...

The Bank of Ghana cut its policy rate by 250 basis points to 15.5% on January 28, 2026. Inflation fell sharply to 5.4% in December 2025 from 23.8% a year earlier, dropping below target. The cedi strengthened 40.7% against the dollar in 2025, supported by higher reserves and a balance-of-payments surplus. The Monetary Policy Committee of the Bank of Ghana reduced its main policy rate by 250...