China’s top diplomat launches Africa tour to deepen trade ties
China’s foreign minister Wang Yi has launched a New Year tour of four African countries aimed at strengthening political trust, expanding trade, and reinforcing Beijing’s engagement across the continent.
Egypt signs energy cooperation deals to supply gas to Syria
Egypt has signed two agreements with Syria to cooperate on gas supplies and petroleum products to support electricity generation amid ongoing energy shortages.
Ethiopia bond rises on preliminary restructuring deal
Ethiopia’s sole international bond rose after the government announced a preliminary restructuring deal with bondholders following renewed talks.
Egypt and Qatar sign LNG deal to bolster summer gas supplies
Egypt and Qatar signed an agreement to boost LNG cooperation, including up to 24 Qatari cargoes this summer, as Egypt seeks to offset declining gas production.
Africa shifts from raw material exports to industrial production
The African Union is driving a structural shift to transform the continent from a raw material exporter into a value-added industrial hub powered by strategic minerals and a young workforce.
Neuralink plans high volume production of brain chips in 2026
Elon Musk announced that Neuralink aims to begin mass-producing its brain-computer interface devices and transition to fully automated surgical procedures by 2026.
Senegal eyes swift IMF deal as debt talks progress
Senegal says talks with the IMF are progressing well as it seeks to finalise a new programme amid efforts to rein in a growing debt burden.
Tinubu orders Nigeria tax reforms to take effect amid dispute
Nigeria will implement new tax laws from January 1 as President Bola Tinubu dismisses opposition claims that the gazetted reforms contain unauthorised and unconstitutional changes.
Ghana resolves Afreximbank dispute over $750 million funding deal
Ghana’s finance ministry said it resolved issues with Afreximbank over a $750 million financing facility to the satisfaction of both sides.
Egypt’s central bank cuts rates by 100 points as inflation eases
Egypt’s central bank cut overnight interest rates by 100 basis points, citing easing inflation and steady growth while flagging risks from non-food prices and fiscal measures.
Egypt begins laying tracks for first high-speed train across desert
Egypt has begun constructing its first high-speed train, the Green Line, to connect the Red Sea and Mediterranean and modernise transport.
Pakistan seals multibillion-dollar arms sale with Libya’s Haftar
Pakistan has agreed to a multibillion-dollar arms deal with Libya’s eastern-based Libyan National Army, raising scrutiny due to the country’s ongoing UN arms embargo.
DRC readies CMOC’s first cobalt shipment under new export quotas
Congo has begun sampling to prepare CMOC’s first cobalt shipment under a new quota system after a prolonged export ban that tightened global supply.
Sahel alliance launches regional bank to fund infrastructure drive
The Alliance of Sahel States has established a regional investment and development bank with nearly $900 million in capital to finance infrastructure and economic projects.
US backs Angola rail upgrade to speed critical minerals to port
The US development agency signed a $553 million loan to refurbish Angola’s Lobito railway, strengthening a minerals corridor aimed at boosting trade and countering Chinese influence in Africa.
Israel seals historic gas export pact with Egypt under Netanyahu
Israel approved its largest-ever gas export deal, a nearly $35 billion agreement to supply natural gas to Egypt through Chevron and Israeli partners.
Egypt signs deal with Al Mana to launch green jet fuel project
Egypt has signed a $200 million deal with Qatar’s Al Mana Holding to produce sustainable aviation fuel from used cooking oil in the Suez Canal Economic Zone.
Egypt inks 165 million euro deal to strengthen its electricity grid
Egypt and the European Bank for Reconstruction and Development signed a 165 million euro deal for power grid funding.
Congo imposes strict new rules for cobalt exporters amid rising prices
Congo has imposed new cobalt export rules requiring rapid royalty payments and strict compliance, raising uncertainty for global producers.
Chevron plans new drilling and joins Nigeria’s upcoming licensing round
Chevron plans to expand its operations in Nigeria by joining the next licensing round and deploying a drilling rig in 2026 as regulatory clarity and improved security boost investor interest.
South Africa raises fresh funds as strong demand drives new dollar bonds
South Africa raised $3.5 billion through new 12-year and 30-year dollar bonds after attracting more than $13 billion in investor orders.
Turkish Airlines and South African Airways sign codeshare deal
Turkish Airlines and South African Airways signed a codeshare agreement to expand routes and travel options from March 1, 2026.
Nigeria moves to clear gas debts to boost power supply confidence
Nigeria has approved payment of 185 billion naira in overdue gas debts to restore confidence in the energy market and improve electricity supply.
Nigeria approves fiscal plan projecting sharp rise in 2026 spending
Nigeria has approved a medium-term fiscal plan for 2026 that projects high spending, a wide deficit, heavy debt costs and lower-than-targeted oil output.
Spain faces growing African swine fever scare among wild boars
Spain’s pork sector faces concern as a new African swine fever outbreak among wild boars threatens trade and prompts strict containment measures.
Egypt, Pakistan plan 2026 roadmap to strengthen cooperation
Egypt and Pakistan plan a 2026 roadmap to deepen ties while Egypt pushes for Gaza ceasefire and reconstruction.
Kenya advances billion-dollar road expansion as Chinese firms step in
Kenya has launched a $1.5 billion Chinese-funded road expansion to ease transport pressure and reduce reliance on national borrowing.
