Zambia withdraws its request for a 12-month extension of its IMF lending program worth about $145 million in additional funding. The IMF confirms the program will expire at the end of January 2026, ...

EBRD approved a senior loan of up to 350 million Egyptian pounds ($7.4 million) for Ridgewood for Water Desalination. The project will add 10,000–15,000 cubic meters per day of desalination capacity ...

Kenya’s economy grew 4.9% year on year in Q3 2025, up from 4.2% a year earlier. Construction, mining, hospitality and real estate drove growth amid firmer inflation. Inflation rose to 4.42%, while ...

Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other sectors face sharp contraction in 2025. Power, gas, oil and critical minerals post strong growth, ...

Rio Tinto and Glencore confirmed early-stage discussions on a potential transaction with no firm offer. Rio Tinto must declare its intention to bid, or not, by Feb. 5, 2026, under UK takeover rules.

Serengeti Energy reached financial close on the 32-MWp Ilute solar project in western Zambia. The project relies on a merchant power purchase agreement without sovereign guarantees. A $26.5 million ...

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational investments—especially reliable electricity, digital connectivity, and physical infrastructure—rather ...

Cameroon plans a partial start-up of the Kribi refinery at 10,000 barrels per day in H2 2026. The revised timeline accelerates the project by nearly two years versus the initial 2028 target. The ...

Ethiopia and Oman signed a memorandum of understanding on January 5, 2026, during their first-ever political consultation in Addis Ababa. The two countries agreed to expand cooperation in trade, ...

Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores in 2026 and open 17 additional outlets by 2028.

Acumen closed a $250 million blended-finance raise for off-grid electricity in sub-Saharan Africa. The H2R Amplify debt fund reached $180 million after a $7.8 million contribution from Switzerland’s ...

West African Resources produced 205,228 ounces of gold at Sanbrado in 2025, within its guidance range. Total Burkina Faso output from Sanbrado and Kiaka reached 300,383 ounces as Kiaka ramped up.