News

RAM to acquire up to 50 Boeing 737 MAX jets, several 787 Dreamliners, and around 20 Airbus A220s • The plan supports the airline’s long-term strategy to grow its fleet from 50 to 200 aircraft by 2037 ...
Ivanhoe Mines expects copper production at Kamoa-Kakula to fall to 420,000 tons in 2025 • The revision follows a seismic incident at the Kakula mine that led to temporary suspension of operations • ...
Algeria sets goal to raise date export revenues to $250 million per year • New plan aims to expand exports from 57 to 150 countries • Challenges include packaging, smuggling, and cold chain logistics ...
KCB Group is in discussions with Ethiopia’s central bank following a 2024 law that allows foreign banks to operate locally. • The group may obtain a banking license or acquire shares in an Ethiopian ...
South African academy WeThinkCode receives R35 million ($2 million) from Google.org • The program targets 12,000 youth in South Africa and Kenya, focusing on underserved groups • Training aims to ...
Vodacom now sources 100% of its purchased electricity from renewables. • Energy demand in Africa’s telecom sector is rising with mobile and data growth. • Renewable energy is seen as key to ...
The World Bank approves $88.7 million for the “Excellence in Learning” education project • The program aims to improve access and quality of education in 2,337 schools across 15 counties • It will ...
The AAE-2 subsea cable will enhance global internet resilience, unlock new digital growth opportunities across emerging markets, and support the next wave of technological innovation. By bridging gaps ...
Perseus plans to produce between 2.6 and 2.7 million ounces of gold from 2026 to 2030 About $878 million will be invested, including $523 million for the Nyanzaga mine in Tanzania Output includes ...
Petronas to lay off 5,000 staff as part of a major restructuring for future competitiveness African operations not directly addressed, but changes could affect partnerships and timelines Company ...
Africa Energy, now operator of South Africa's 11B/12B offshore block, is in talks with PetroSA to utilize its infrastructure. The aim is to develop the Brulpadda and Luiperd gas fields and reduce ...
Benin launches $1.4 billion five-year tourism development plan • Target: 2 million annual visitors and 13.4% GDP share from tourism by 2030 • Strategy includes infrastructure, visa reforms, and ...