Private equity firm CAPZA acquired a minority stake in Concerto without changing governance. Concerto aims to accelerate international expansion, particularly in Africa and the Middle East. CAPZA ...
Toubani Resources plans to update mineral resources at its Kobada gold project. The company aims to identify additional gold volumes beyond the 2024 estimate. Kobada currently hosts 2.2 million ounces ...
Kenya and the Czech Republic signed a defense cooperation agreement in Nairobi. The deal covers military training, peacekeeping, intelligence, and cybersecurity. Bilateral trade reached $30.8m in 2024 ...
Kenya will launch a digital platform to automate payments on external debt. The system goes live on February 2, 2026, with a one-month transition period. External debt accounts for nearly half of ...
ZTE took part in a 5G industry event hosted by Ooredoo Algeria in Algiers. The summit featured network tests and demonstrations of 5G capabilities. Operators are preparing the market ahead of a ...
The European Commission approved €9.6 million to fund new preparatory studies for the Egypt–Greece GREGY interconnection. The GREGY project plans a 3,000-MW subsea power cable spanning about 950 ...
S&P rated Africa Finance Corporation A/A-1 with positive outlook Strong risk management, low NPLs support infrastructure-focused lender Shareholding highly concentrated, Nigeria-linked entities hold ...
Corporate investment in Cameroon rose 28.5% in 2024, INS reports Firms shifted toward financial assets over physical production equipment Aging fixed assets increased, signalling slight deterioration ...
Cameroon coffee export revenues tripled to 3.5 billion CFA francs Marketed output rose 10% in 2024-2025, NCCB data show Producer prices jumped for Arabica and Robusta The 2024-2025 coffee season ...
Glencore issued 2026 copper guidance, withheld cobalt forecast amid uncertainty DRC cobalt exports constrained by quotas, copper production prioritized Rising copper prices support strategy as DRC ...
Mozambique central bank cut benchmark rate to 9.25% Inflation eased to 3.2% in December, supporting policy easing Thirteenth consecutive rate cut since January 2024 The Bank of Mozambique cut its ...
EABL first-half net profit jumped 38% to 11.2 billion shillings Revenue rose 11%, helped by resilient volumes and lower finance costs Interim dividend raised 60% despite household income and cost ...