Shell to drill 5 new exploration wells in Namibia’s PEL 39 block in 2026. • Campaign aims to better assess existing finds Graff, La Rona, and Jonker. • Technical challenges and high gas content ...

President Paul Biya of Cameroon signed yesterday a decree authorizing Finance Minister Louis Paul Motazé to borrow CFA930 billion from both domestic and international capital markets. CFA350 billion ...

Ghana inaugurates a $3.5 million fertiliser blending plant in Greater Accra with 385,000 tonnes annual capacity. • The plant aims to reduce Ghana’s heavy fertiliser imports, especially NPK, which ...

Africa’s young population of 426 million struggles with lack of practical skills, blocking their entry into the workforce. • Vocational training and apprenticeships remain limited, with glaring ...

Uganda inaugurates its first large-scale gold mine, the $250 million Wagagai project. • Wagagai expects to produce 1.2 tonnes of gold annually, vastly surpassing Uganda’s 2023 total output. • The gold ...

GoviEx, Tombador merge to form uranium-focused Atomic Eagle • Deal brings ASX listing, up to $15.8M in funding • New leadership to advance Zambia's Muntanga uranium project GoviEx Uranium is ...

Egypt approves launch of first fully digital bank, Onebank • Aims to boost financial inclusion for unbanked population • Operations to start in 2026, pending final inspection The Central Bank of Egypt ...

G seen as key to handling Africa’s data surge • 5G promises high-speed data, but rural access still lags • Cost, infrastructure, and device prices hinder mass adoption Morocco has announced an ...

Algeria and Occidental Petroleum signed study agreements on El Ouabed and Dahar. • The studies will assess hydrocarbon potential before any direct exploitation. • Hydrocarbons account for 83% of ...

Africa’s private equity market is shifting as exits increasingly involve sales between funds rather than IPOs or strategic buyers. • Q2 2025 saw 147 transactions, with mega deals rebounding, but ...

Tanzania and Burundi begin construction of a $2.15 billion cross-border railway. • The 240 km line will cut Dar es Salaam–Bujumbura cargo trips from 96 to 20 hours. • Project seen as strategic for ...

Insurers and reinsurers must comply with new capital requirements within 12 months or lose licenses. • Life, non-life, and reinsurance companies face steep hikes in minimum capital, up to ₦35 billion.