Italian oil and gas company Eni plans to drill its first exploration well on Congo's offshore Block 24 in 2027, subject to the results of ongoing seismic data analysis. Eni reported production of ...

Zambia's economy is expected to grow by 5.6% in 2026, slightly below the IMF's earlier forecast of 5.8%, supported by agriculture, mining and copper exports. Despite the growth outlook, Zambia faces ...

Frehiwot Tamiru, CEO of Ethio Telecom since 2018, was appointed Ethiopia’s Minister of Innovation and Technology on October 8, following a cabinet reshuffle by Prime Minister Abiy Ahmed. Under her ...

Harena Rare Earths announced on October 12 that it had secured the exploitation permit for its Ampasindava rare earths project in Madagascar, bringing the planned mine closer to development. The ...

The World Bank is preparing 14 to 15 debt refinancing deals to help countries replace expensive loans with cheaper financing, without canceling their debt. Developing countries are expected to pay ...

The World Bank is in talks with 30 to 40 countries affected by the Middle East war. It has $50 billion to $60 billion available immediately, with potential support of up to $100 billion. Rising debt ...

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 ...

OPay has filed for a New York listing, with a possible second listing in Lagos. Standard Bank plans to invest about $185 million for a stake of no more than 4.99%. Revenue rose 136% in the first half ...

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 ...

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 ...

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 ...