News
Kenya Airways aims to raise $500 million by Q1 2026 to expand its fleet from 34 to 53 aircraft over five years. • The airline posted a pre-tax loss of about $94.1 million in H1 2025 due to grounded ...
CCA Bank plans first expansion outside Cameroon with a new branch in Chad, following talks with the finance minister. • The entry would make CCA the 11th commercial bank in Chad, where financial ...
Pasofino Gold plans an Environmental and Social Impact Assessment (ESIA) for its Dugbe project. The project aims for an average annual production of 172,000 ounces of gold over 14 years. The company ...
Nigeria LNG (NLNG) signed 20-year agreements with local firms. • The deals secure 1.29 billion standard cubic feet of gas daily. • This partnership aims to restore revenues and drive economic growth.
Senegal’s Q1 2025 growth is estimated at 12.1%, driven by oil production, while non-oil GDP rose by only 3.1%. Public debt was revised to 118.8% of GDP by the end of 2024, following the discovery of ...
Google launched Flight Deals, an AI feature that finds the cheapest tickets. Airfares in Africa remain among the highest globally due to heavy taxes and limited liberalization. Wider use of AI ...
Galileo Resources launched a reverse circulation drilling campaign on license PL253. The project targets copper deposits in the Kalahari Copper Belt, a key exploration zone. Copper discoveries have ...
Sonadrill signed two contracts for offshore drilling campaigns starting late 2025. Angola’s oil production dropped below 1 million b/d in July, the lowest since 2023. New projects and refinery plans ...
Kubota signed a 3-year agreement with SMBC to boost farm machinery sales in Africa. The Japanese group aims to ship 4,000 tractors annually to Africa by 2030, five times current levels. Africa’s ...
Moody’s will become majority shareholder of Egypt-based credit rating agency MERIS. MERIS will keep its local management and brand while tapping Moody’s global expertise. The move follows Moody’s 2024 ...
President Alassane Ouattara, 83, has submitted his bid for a fourth term in October’s vote. Opposition leader Laurent Gbagbo, still barred from the voter roll, was also put forward by his party. The ...
Tunisia gets $51M AFD loan to modernize civil protection Project includes AI-powered ops rooms, drones, and rescue units New training school, digitization align with national tech strategy Tunisia ...
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