Highlights: • New 1% US tax on outbound remittances to take effect January 1, 2026 • Africa received $100 billion in remittances in 2023, outpacing aid and FDI • Informal channels may rise as senders ...

Highlights: • Egypt targets 42% renewable energy share by 2030. • POWERCHINA to build 130-km high-voltage line signed on June 25. • National grid expansion remains critical as renewables grow. Egypt ...

Highlights: • Global cocoa processing down across all major regions in Q2 2025 • ECA: Europe’s grindings at lowest since 2020, Asia at lowest since 2017 • Cocoa prices fall to 8-month low; Barry ...

Highlights: • Kobold Metals signed an agreement in principle with the DRC government on July 17, 2025. • The deal includes the Manono lithium project, which has strategic value. • The agreement ...

Highlights: • EXIM Bank issues letter of intent for $150M to support Botswana's NexMetals • US eyes battery-grade nickel sulphates and cobalt from Tanzania’s Kabanga project • Competition with China ...

Highlights: • Zimbabwe plans to restart the Darwendale project with $50 million in initial capital • Global platinum prices jumped 51% YoY, reaching $1,470/oz on July 17 • Tharisa targets 200,000 ...

Octavia Carbon captures CO₂ directly from the air using geothermal energy in Kenya’s Rift Valley. • The company plans to scale up from 10 tonnes to 1,000 tonnes of CO₂ captured annually by 2025. • ...

Sub-Saharan Africa saved money using mobile accounts in 2024, well above the 9% average in low- and middle-income countries. Mobile money accounts now fuel nearly 60% of formal borrowing in the region ...

The Global Environment Facility (GEF) will launch biodiversity bonds to raise up to $1.5 billion for Africa’s threatened species. The bonds link repayments to conservation outcomes, reducing repayment ...

South Africa’s Competition Tribunal reviews Canal+’s proposed acquisition of MultiChoice. • MultiChoice argues merger will strengthen its fight against Netflix and other international streamers. • The ...

Chad’s telecom sector struggles with unreliable electricity and fuel shortages, threatening network stability. • ARCEP recommends hybrid power systems combining diesel generators and solar panels to ...

Ashenda is a vibrant traditional festival celebrated primarily in northern Ethiopia, particularly among the Tigray and Amhara communities, as well as in parts of Eritrea. This unique celebration takes ...