Africa supplies 28% of global gold output but has a limited presence in major demand markets. Investment, jewelry, and technology demand remains concentrated in Asia and Western economies. African ...
Red Rock expects an initial $7.16 million payment for a housing factory in Kinshasa. The project operates under a 20-year public-private partnership. The company also explores copper and cobalt ...
The World Gold Council wants producers to disclose their refining partners. Confidentiality clauses, competition, and reputational risks have limited transparency. New African refineries may make gold ...
Parliament approved €17 million in financing from the World Bank's IDA. The funds will support digital identity, government data systems, and cybersecurity. Rwanda has already introduced or improved ...
Zambia shipped its first reported 120 tons of soybeans to China on October 10, marking the start of exports under a trade agreement signed in 2024. China's approval of Zambian soybean imports in April ...
Volkswagen's PowerCo and China's Gotion High-Tech plan to establish a joint venture in Kenitra, Morocco, to produce cathode materials for electric vehicle batteries. The Rabat-Salé-Kenitra region ...
Africa GreenCo signed a power purchase agreement with AXIAN Energy on October 8 to buy around 530 GWh annually from Zambia's planned 200 MW Kudu solar project. GreenCo will resell the electricity ...
Zambia introduced Njila.ai, an AI-powered career guidance tool, on October 6 to help young people identify their skills, explore career opportunities and find jobs. Youth unemployment stood at 18.4% ...
Angola has launched construction of a 255-km road costing about $230 million, with completion expected within 24 months. The road is expected to improve access to agricultural and tourism areas, ...
The Bundibugyo Ebola outbreak was reported in another African country this week. Kenya confirmed its first imported case. Meanwhile, Côte d’Ivoire is tackling a yellow fever outbreak. In Nigeria, ...
The refinery, established by Ethiopian Investment Holdings and Sam Precious Metals, has an announced annual processing capacity of more than 600 tons of precious metals. Ethiopia reported $5.5 billion ...
South African retailer Woolworths has secured all regulatory approvals to acquire 100% of longtime food supplier in2food Holdings, with the transaction expected to close within a month. in2food ...
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