Mozambique has approved the rules needed to make its new development bank operational, moving the institution beyond its legal creation. The bank will start with $501 million in capital and target ...

The ILO is urging Nigeria to give businesses a stronger role in its next youth employment strategy after previous plans struggled to produce lasting labor-market change. Nearly 80 million young ...

Ventures Platform closed its second institutional fund at $84 million, exceeding its initial $75 million target. The fund will back African start-ups from seed through Series A, with plans to increase ...

Muhoozi Kainerugaba says he will seek Uganda’s presidency in 2031 with the backing of his father, President Yoweri Museveni. The 52-year-old general already commands Uganda’s armed forces and leads ...

Africa could install 17 GW of solar capacity in 2026, a 45% increase from 2025. China supplies about 94% of the solar modules installed across the continent, while decentralized systems are driving ...

Northam Platinum disclosed an unsolicited approach from a major South African platinum-group metals producer for some of its assets or potentially the entire company. Northam more than doubled mine ...

Ghana has launched a new phase of the expansion of Accra’s international airport, including a seven-story multi-purpose parking facility and a commercial complex at Terminal 3. Passenger traffic rose ...

Huawei is considering battery energy storage facilities with a combined capacity of 4,000 megawatt-hours in Egypt. The project would include local production of battery energy storage systems and ...

Ghana will require GoldBod partners to refine artisanal and small-scale mining gold locally from Sept. 1. The country has four licensed gold refineries, but GoldBod has so far announced supply ...

Cotton prices reached about 80.5 cents a pound in July 2026, up 35% from their February low. Global cotton production could fall 5.5% to 116 million bales in 2026/27, below projected mill consumption ...

OCP North America and U.S. agricultural cooperative CHS plan a $450 million phosphate fertilizer plant in Louisiana with annual capacity above 1 million tons. The facility would be the first new U.S.

Rwanda secures €82 million and ¥15 billion in World Bank-backed commercial financing First yen-denominated financing broadens the country’s external borrowing base 15-year maturity and six-year grace ...