Tuesday, Jun 9, 2026
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Africa
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$900 Million expansion: Egyptalum to double output at Nag Hammadi complex
The Egyptian Aluminium Company (Egyptalum) has signed a strategic agreement to expand its Nag Hammadi industrial complex. Estimated at $900 million, the project aims to significantly increase the country's production…
$100 million for 10,000 young people: the Elumelu model, a strategy african entrepreneurs can replicate
Injecting more than 65 billion CFA francs into African entrepreneurship is not…
Burkina Faso : a 2 Billion CFA Franc soybean processing industrial complex comes into operation
The total cost of the infrastructure is estimated at nearly 2 billion…
Nigeria: Dangote Cement seals over $1 billion deal with Sinoma to expand capacity in Africa
According to information , the agreement covers twelve industrial projects. These include…
Building an African financial powerhouse : BOAD and RMDB join the AAMFI
Established in 2024, AAMFI was created to bring together African-owned and African-controlled…
Ghana’s $20 billion gold pivot: can GANRAP stabilize the Cedi?
At the center of the reform is the Ghana Gold Board (GoldBod),…
Senegal launches 2026 public debt offering of 200 billion CFA francs
Financing the 2026 budget and structural reforms . The funds raised through…
Africa: Access Bank and Equity Group Holdings accelerate cross-border mergers, 70% of deals concentrated in South Africa, Egypt and Kenya
Following the adoption of higher minimum capital thresholds by supervisory authorities, undercapitalized…
MTN Cameroon transfers over 400 Million FCFA to the CDEC: a turning point for financial transparency
In Cameroon, the CDEC is mandated to receive, hold, and safeguard funds…
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Ultra-deep offshore : how Africa has become the global epicenter of oil and gas in 2026
17 high-impact wells and a strategic rush by global majors. After several years of caution driven by energy transition pressures…
Scanning crisis at douala-bonaberi port : dual operators, container blockage and rising threat to Cameroon’s economy
Early 2026 has been marked by a major operational crisis at the Port Autonome de Douala (PAD), following the controversial…
African healthtech: a high-impact market still largely underfunded
African HealthTech is steadily emerging as one of the continent’s most promising innovation sectors. Yet despite its strong social impact…
Expanded access to the Chinese market: 53 African countries will benefit from zero tariffs starting May 1st
China has taken a decisive step in reshaping its economic relationship with Africa. Starting May 1 2026, Beijing will remove…
CEMAC’s financial engine: how Cameroon controls 74% of microfinance
Microfinance has become a cornerstone of financial access in Cameroon, particularly for rural communities and small businesses. With 385 licensed…
Powering industry: can Cameroon’s hydro boom support the Douala hub?
After years of chronic power shortages and frequent blackouts, Cameroon has placed hydroelectric power at the center of its strategy…
Burkina Faso’s 94-ton gold record: the new backbone of the Sahel
With more than 94 tons of gold produced and CFA 776 billion in budget revenues in 2025, Burkina Faso has…
Why tech investors are choosing Mauritius as Africa’s digital gateway
Mauritius, a small volcanic island in the Indian Ocean with just 1.3 million inhabitants, has emerged as one of Africa’s…
DRC’s $2.8B Kinsuka hydropower project: a new era for energy investment
The Democratic Republic of Congo has reached a key milestone in its energy infrastructure strategy with the Kinsuka hydropower project.…
Daouda Soukpafolo takes control of Uniwax: ivorian cotton magnate reclaims a West African textile champion
One of West Africa’s last major industrial wax-print manufacturers, Uniwax, has officially changed hands. Ivorian industrialist Koné Daouda Soukpafolo, widely…
