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Uganda aims to buy 100 kg of Gold between March and June 2026 to boost reserves and cushion the economy against risks from ongoing Tehran Airstrikes.
Coal’s share of electricity generation in Africa’s largest economy, South Africa, fell to 68% in December 2025, its lowest monthly level on record, as solar power’s contribution rose to 15%.
The newly inaugurated Luvo border complex in Zaire Province consolidates customs, immigration, police and phytosanitary services into a single integrated facility, replacing a fragmented system where agencies operated separately.
International crude oil prices surged to eight month high as markets opened on Monday, following the latest escalation between the United States, Israel and Iran.
The IMF has unlocked $2.3 billion for Egypt after key reviews, praising sharp inflation declines and a stabilizing economy—but urging faster progress on privatization and structural reforms to secure lasting growth.
Angola’s state oil company Sonangol is seeking $4.8 billion in financing from Chinese lenders to fund the next phase of its Lobito refinery project.
Germany is seeking renewable energy and industrial partnerships with Nigeria through a delegation of small and medium-sized enterprises from its state of Rhineland-Palatinate.
Zimbabwe has terminated negotiations on a proposed $367 million five-year bilateral health agreement with the United States, citing concerns over mandatory sharing of sensitive epidemiological and biological data.
Angola’s state-owned oil firm, Sonangol, has reported a net profit of more than $750 million in 2025 as its oil and gas production averaged 217,000 barrels of oil equivalent per day (boepd).
Kenya’s competition regulator has fined GT Bank $257,209 for misleading credit terms and backdated interest charges in a corporate lending dispute.
Nigeria is set to begin exports of a new crude grade known as Cawthorne as part of efforts to raise production and sustain recent output gains.
Africa’s top three economies — South Africa, Egypt and Nigeria — have emerged as the leading destinations for electricity investments on the continent in 2025.
The Government of Uganda, through its national oil company Uganda National Oil Company (UNOC), has secured a 20.15% shareholding in Kenya Pipeline Company (KPC).
The Nigerian government is seeking up to $5.7 billion in investments from Chinese industrial company, GCL Group, across power generation, mining and industrial manufacturing.
Ghana’s state-owned Tema Oil Refinery is carrying out a major turnaround on its 14,000 bdp residual fluid catalytic cracker (RFCC) unit, with operations expected to resume by early May.
Governor Olayemi Cardoso is scheduled to announce the Monetary Policy Committee’s decision later today (Tuesday) in Abuja, with investors closely watching for signals that policymakers are shifting focus from inflation control toward supporting growth.
The funding forms part of the lender’s Country Strategy Paper for 2024–2028, a framework designed to support Kenya’s medium-term development priorities by directing capital toward high-impact sectors.
State-owned power utility, Eskom, has begun stakeholder talks in the Eastern Cape as part of plans to implement 5.2 gigawatts (GW) of new nuclear capacity in South Africa.
Dangote refinery could be listed on the Nigerian stock exchange within five months, according to Aliko Dangote, the founder and president of the plant.
French oil major, TotalEnergies, is targeting a final investment decision in 2028 for its Mopane oil development offshore Namibia.
