Seplat Energy plans to invest up to $320 million in new wells and infrastructure to boost oil output to 140,000 bpd following its acquisition of Exxon’s Nigerian assets.

Libya has announced its first oil exploration bidding round in 17 years to attract foreign investment and boost oil production.

Uganda has signed its first mining production sharing agreement to redevelop the dormant Kilembe copper and cobalt mine with local firms Sarrai Group and Nile Fibreboard Limited.

Ivory Coast farmers highlight the need for regular rainfall to support cocoa mid-crop this month.

On January 29, Egypt issued $2 billion in international bonds—the country’s first such sale in four years—helping to bolster its foreign reserves

Niger has partnered with Starlink to expand satellite broadband access, aiming to bridge its digital divide, especially in remote areas where traditional networks are unavailable.

Morocco’s state-owned rail operator ONCF has agreed to purchase 168 trains from France, Spain, and South Korea for $2.9 billion to expand its rail network ahead of the 2030 FIFA World Cup.

The agreement focuses on the exploration and development of oil and gas reserves

International Monetary Fund (IMF) has informed Guinea that a new financial support program is contingent upon the country recovering outstanding tax debts.

In a provisional report released Monday, the regulator accused Google of skewing search results in favor of global news outlets while downplaying local and community media

South Africa is experiencing widespread power cuts after multiple breakdowns at Eskom’s coal-fired power plants.

Gambian Information Minister Ismaila Ceesay emphasizes Turkey’s strong relations with Gambia, highlighting cultural exchanges and mutual cooperation in media, defense, and investments.

The ancient city of Chinguetti in Mauritania is at risk as desertification and climate change threaten its homes, history, and cultural heritage.

Turkish Foreign Minister Hakan Fidan met with his South African counterpart Ronald Lamola in Johannesburg to discuss bilateral trade, investment opportunities, potential defense industry cooperation.

Jumia Technologies, an Africa-focused e-commerce retailer, projects order growth of up to 25% and continued cost reductions in 2024, despite facing increasing competition from Chinese companies like Temu.

Ethiopia and Russia’s new nuclear cooperation agreement will drive technological exchange and nuclear infrastructure development.

It remains one of the highest in the world, and the country faces economic uncertainty due to potential cuts in US aid.

The rebasing, which reflects changes in consumption patterns, has led to a lower inflation figure than previously reported.

The bondholders believe the IMF’s analysis undervalues Ethiopia’s economic fundamentals and overstates the need for debt relief.

Ghana is intensifying efforts to protect endangered pangolins from poaching, focusing on increased patrols, community engagement, and awareness initiatives.

The company says it provided software, information services to US agencies to prevent fraud

Trump announced new reciprocal tariffs targeting allies and competitors, aiming to counter trade imbalances, though economists warn they may raise US inflation and strain global trade.

Several countries have banned DeepSeek for government employees, citing concerns over national security, user data, and privacy

Azerbaijan and Somalia have taken a significant step towards strengthening their bilateral ties by signing agreements to enhance cooperation in public service, green energy, education, and defense.