The $600 million plant near the Kaduna-Niger border is due to be commissioned this quarter, while a $200 million refinery near Abuja is nearly complete

China and Indonesia signed an updated MoU to expand the use of local currencies in trade and financial transactions, aiming to strengthen bilateral economic ties.

The three-year deal will also support infrastructure projects in health, transport, and energy

Cameroon will borrow $348 million internationally to support government cash flow and cover budget gaps in 2025.

The country has been considering selling crude since 2022 to recoup revenue lost from a temporary fuel levy cut designed to ease consumer costs

Should the transaction receive final approval, it would significantly enhance Canal+’s expansion into Africa, particularly within English-speaking regions

The offer will be discussed in a meeting scheduled for Tuesday evening between South African officials and Musk or his representatives

Kodal Minerals expects a Mali permit soon to export 27,000 tons of lithium concentrate from its Bougouni project despite earlier delays.

Islamic Development Bank’s four-day event in Algeria drives knowledge exchange and cooperation for socioeconomic progress

Following an oil leak in Ogoniland, Renaissance Energy stopped one pipeline line and began recovery and clean-up work with the local community.

Ghana is taking urgent action to acquire farmland for cocoa as output hits a 20-year low due to multiple environmental threats.

The project is set to provide electricity to over 1 million new households and create thousands of jobs, significantly contributing to the country’s development

Syria and DP World signed an $800 million deal to develop the Tartous port following the U.S. decision to lift sanctions on Syria.

EBRD is preparing investments in West Africa following new approvals and plans to begin projects after treaty amendments in July.

The four-year Extended Credit Facility (ECF), approved in November 2023, had disbursed just $35 million before being halted

Nigeria is holding talks with Petrobras on deep water oil exploration as it aims to attract foreign investment in energy, culture, and agriculture sectors.

Nigeria’s Dangote oil refinery avoids planned June service after finishing repairs during an unplanned April to May shutdown.

Mantashe criticized the global imbalance in climate responsibilities, noting that while Africa contributes the least to global greenhouse gas emissions, it faces disproportionate pressure to decarbonize

The detention of Istanbul Mayor and main opposition leader Ekrem Imamoglu on March 19 caused the Turkish lira to drop sharply

The price of bitcoin climbed past $100,000 as investors responded positively to new trade deals and signs of global financial stability.

Moody’s warns that African banks could suffer from higher costs and weaker demand due to second-round effects of U.S. tariffs on China.

Guinea’s recent move to revoke EGA’s license comes after multiple warnings regarding the company’s non-compliance with its refinery construction agreement

Baidu has filed a patent for an AI system that translates animal sounds and emotions into human language using multiple AI technologies.

Turkish Technic and Rolls-Royce create a major engine maintenance center at Istanbul Airport with $700M economic impact.