News

Key Highlights • Somalia inaugurates its first stock exchange, the National Securities Exchange of Somalia (NSES), in Mogadishu. • NSES will start trading in early 2026, focusing on stocks and sukuk, ...
Master Plastics receives undisclosed funding from Nedbank and Investec to expand sustainable packaging production. • Metier Capital Growth Fund III replaces Fund II in ownership shift, signaling a new ...
Key Highlights Niger’s government has seized full control of SOMAÏR, its only active uranium mine, stripping Orano of its 63.4% stake. Officials accuse Orano of production misappropriation, ...
Sri Lankan textile group, Star Garments, inaugurates its first factory in Africa with an anticipated 4,520 jobs by 2030. • This $15 million project, backed by global lingerie provider Komar and ...
Olam Agri to onboard 5,000 small-scale farmers in Kwara State under a new soybean supply initiative. • Partnership with IDH and Arzikin Noma offers credit, mechanization, and training to boost local ...
Kenya allocates $27 million to renovate 19 tea factories as part of sector reforms. • Producers can now sell tea directly on international markets, bypassing auctions. • Government targets major ...
Key Highlights • Ivory Coast ends TSDAR, a petroleum tax introduced in 2018 to reduce SIR’s debt. • Government to redirect two-thirds of revenue to electricity sector via new tax starting July 1. • ...
Laurent Gbagbo’s PPA-CI and Tidjane Thiam’s PDCI have joined forces to challenge what they call a rigged Ivorian presidential election process. Both leaders remain banned from the electoral list.
Rwanda targets $335.4 million in private capital to strengthen climate resilience in agriculture The plan aims to support 170,200 farmers and 375 businesses through sustainable financing Investment ...
Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Africa remains the region with the most conflicts globally Global peace has dropped to its lowest level since ...
(AfDB)-Kenya and Senegal have claimed the top spots in the African Development Bank’s 2024 Electricity Regulatory Index (ERI), demonstrating exceptional progress in power sector governance and ...
DRC and Rwanda to sign U.S.-backed peace deal on June 27 Pact covers disarmament, refugees, and economic ties Tensions driven by rebels, ethnic strife, and mineral smuggling The Democratic Republic of ...