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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time in the B-Ready ranking. The World Bank says ...

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 ...

Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections. The ruling RHDP won more than 75% of parliamentary seats as President ...