Africa’s Angel Investors Scale Rapidly as Networks Spread Across 37 Countries
LAGOS, Feb 4 – Africa’s angel investment ecosystem reached a new phase of scale and…
Economy
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Glencore in Talks to Sell 40% Stake in DRC Copper and Cobalt Assets at $9 Billion Valuation
KINSHASA, Feb 4 - Glencore has said that it is in discussions to sell a 40 percent stake in its…
Chevron Reaffirms Commitment to Yoyo-Yolanda Cross-Border Gas Project
YAOUNDE, Feb 4 - Chevron has reaffirmed its commitment to the development of the Yoyo-Yolanda gas project, which spans the…
Afreximbank Prepares $8 Billion Financing Package for its New Member
Africa Export Import Bank (Afreximbank) has lined up an initial financing package of $8 billion for its new member, South…
Madagascar Reopens Mining Permits After 16 Years But Keeps Gold Restrictions
ANTANANARIVO, Feb 3 - Madagascar has lifted a 16 year moratorium on issuing new mining permits for most minerals, reopening…
UK Investor Gridworks Signs $400 Million Power Transmission Deals in Ethiopia
ADDIS ABABA, Feb 3 - Gridworks, a British government-owned investor focused on Africa’s electricity networks, has signed agreements to develop…
Nigeria’s Dangote Units Expand Gas Supply Agreements With NNPC Under Gas Plan
LAGOS, Feb 2 - Three subsidiaries of Nigeria’s Dangote Group have expanded gas supply agreements with units of the Nigerian…
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Ghana Inflation Falls to 3.8% in January, Deepening Case for Further Rate Cuts
ACCRA, Feb 4 – Ghana’s consumer inflation slowed for a 13th consecutive month in January,…
Glencore in Talks to Sell 40% Stake in DRC Copper and Cobalt Assets at $9 Billion Valuation
KINSHASA, Feb 4 – Glencore has said that it is in discussions to sell a…
Chevron Reaffirms Commitment to Yoyo-Yolanda Cross-Border Gas Project
YAOUNDE, Feb 4 – Chevron has reaffirmed its commitment to the development of the Yoyo-Yolanda…
Afreximbank Prepares $8 Billion Financing Package for its New Member
Africa Export Import Bank (Afreximbank) has lined up an initial financing package of $8 billion…
South Africa Enters Afreximbank with $8 Billion Financing Plan to Boost Trade and Industry
JOHANNESBURG, Feb 4 – South Africa has formally joined the African Export-Import Bank, becoming the…
Kenya’s Private Sector Expands More Slowly as January Momentum Softens
NAIROBI, Feb 4 – Kenya’s private sector continued to grow in January, although the pace…
South African business activity stabilizes in January, PMI shows
JOHANNESBURG, Feb 4 – Business conditions in South Africa’s private sector showed signs of stabilising…
Africa Faces Over $90 Billion in Sovereign Debt Repayments in 2026, S&P Says
JOHANNESBURG, Feb 3 – African governments are facing mounting debt pressures as hard-currency repayment obligations…
Ethiopia Sees 10.2% Economic Growth in 2025–26 as IMF-Backed Reforms Advance
ADDIS ABABA, Feb 3 – Ethiopia expects its economy to expand by 10.2% in the…