Nigeria weighs certifying China’s C919 for local airlines
Nigeria may certify COMAC’s C919 for local airlines, with leasing and MRO support on the table ahead of December’s air show
Algeria launches first Sukuk worth $2.3 billion this November
Algeria will issue its first sovereign sukuk worth $2.3 billion in November to diversify financing and expand Islamic finance.
Nigeria oil union orders gas, crude cutoff to Dangote refinery over layoffs
Union orders gas/crude cutoff to Dangote over layoffs, heightening fuel-supply risks and pressure on the naira
US backs investments in Western Sahara amid Morocco dispute
The U.S. has pledged support for investments in Western Sahara, backing Morocco’s sovereignty and encouraging foreign business in the disputed territory.
Niger seeks to build two nuclear reactors with Russia’s Rosatom
Niger announced plans to build two nuclear reactors and develop uranium reserves in partnership with Russia under UN supervision.
Lesotho says US pledges one year extension of AGOA trade pact
Lesotho’s trade minister said the US will extend the African Growth and Opportunity Act by one year after talks in Washington.
Ramaphosa urges US to reduce tariffs as trade tensions rise
South Africa is negotiating with the U.S. to reduce tariffs amid global trade tensions and to secure continuation of the AGOA treaty.
Africa gains Ecovacs x11 Robots featuring 0 tangle and AI detection
Africa leads as Ecovacs debuts x11 series with intelligent mapping, compact design, and multi-surface adaptability.
TotalEnergies deal to sell Nigerian oil stake collapses over payments
TotalEnergies’ plan to sell its 10% stake in a Nigerian oil venture to Chappal Energies collapsed after both parties failed to meet financial commitments.
Nigeria posts fastest economic growth in 4 years on rising oil output
Nigeria’s economy grew 4.23% in the second quarter, its fastest pace in four years, driven by higher oil output and strong industrial and agricultural performance.
Nigeria’s Dangote refinery ships gasoline to US buyers
Vitol and Sunoco received the first US import of gasoline from Nigeria’s Dangote refinery, marking a major milestone in global energy trade.
Uganda pins double-digit 2026/27 growth on mid-2026 first oil
Uganda sees 8% average growth; oil from mid-2026 and infrastructure spending to push 2026/27 GDP into double digits
IMF cuts Angola 2025 growth forecast amid oil challenges
The IMF cut Angola’s 2025 growth forecast to 2.1 percent and warned the country to reduce debt and spending amid oil market volatility.
Al Mansour Holding plans to invest 21 billion dollars in DRC
Qatari firm Al Mansour Holding pledged $21 billion in investments across DRC sectors while Doha mediates ongoing eastern conflicts.
Egypt’s NFA hit record $18.5 billion in July on bank inflows, remittances
Egypt’s NFA hit a record $18.5B in July, led by bank inflows and rebounding remittances after the 2024 devaluation
Egypt GDP grows 4.5% despite pressures
Egypt’s economy expanded beyond forecasts in 2024-25 even as inflation, canal disruptions, and wheat imports weighed heavily.
IMF wraps up talks with Mozambique on economic recovery
The IMF concluded a visit to Mozambique after productive talks on economic recovery, balance of payments, and potential support measures.
SA spotlights global poverty while hosting G20
South Africa will present a global inequality report at the G20 summit led by Nobel laureate Joseph Stiglitz to address wealth gaps.
Africa’s nuclear pivot: big ambitions, $100bn price tag, and power payoff
Africa eyes nuclear with SMRs and El Dabaa, but $100bn buys a tiny power share by 2050 amid huge access gaps
Egypt signs $220 million deal to build a major solar energy complex
Egypt signed a $220 million deal with UAE, Bahrain, and China to build a solar cell, panel, and energy storage complex in the Suez Canal Economic Zone.
KoBold Metals secures permits to expand lithium hunt in Congo
KoBold Metals, backed by Jeff Bezos and Bill Gates, has secured seven permits to explore lithium and other minerals in Congo, including Manono.
Nigeria halts raw shea nut exports for six months to spur local processing
Nigeria pauses raw shea exports to boost local processing, curb leakage and lift earnings for farmers
Japan rebuffs Nigeria on Africa visa at TICAD 9
Japan denied Nigeria’s claim of a special visa under JICA Africa hometown initiative and requested correction of the TICAD 9 press release.
Africa’s millionaires to rise 65% in 10 years
Henley & Partners report shows strong wealth growth in Africa despite global headwinds and rising investment migration interest
Egypt boosts gas output as work begins on three new Zohr wells
Egypt has restarted drilling and added output at the Zohr gas field to boost production after earlier declines.
Tinubu: Petrobras can return to Nigeria quickly after Lula talks
Tinubu signals swift Petrobras comeback as Brazil–Nigeria sign trade and aviation deals
Zambia unveils Imboo, an 11,685-carat emerald
Zambia’s Kagem mine has discovered Imboo, an 11,685-carat emerald weighing 2.337 kilograms, the largest gemstone found there to date.