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Business Africa

Nigeria Signs Deal with South Korea to Launch Africa’s First Electric Vehicle Factory

Nigeria has signed a memorandum of understanding (MoU) with South Korea’s Asia Economic Development Committee (AEDC) to establish Africa’s first electric vehicle (EV) manufacturing...

Burkina Faso Hits Record 94 Tonnes of Gold Output as Mining Reforms Gain Traction

Burkina Faso achieved a record 94 tonnes of gold production in 2025, marking the highest annual output in the country’s history. The surge reflects...

US Treasury Has Not Pledged Funds to AfDB’s 2025 ADF Financing Round, Spokesman Says

The U.S. Treasury Department has not pledged funding to the African Development Bank’s (AfDB) 2025 African Development Fund (ADF) replenishment round, a Treasury spokesman...

Morocco’s Energy Ministry Puts Gas Projects on Hold

Morocco’s energy ministry has put planned gas infrastructure projects on hold, suspending a recent tender linked to pipeline development as it reviews its strategy....

Egypt’s Non-Oil Private Sector Output Keeps Growing but Demand Eases, PMI Shows

Egypt’s non-oil private sector recorded a third consecutive month of output growth in January, even as demand conditions weakened, a business survey showed. Data...

Ethiopian Airlines Restarts Flights to Tigray Region, Official Says

Ethiopian Airlines has resumed flights to Ethiopia’s northern Tigray region after a temporary suspension triggered by renewed security concerns, an airline official said. The...

Libya Targets Europe Gas Export Boost by Early 2030

Libya plans to significantly increase its natural gas exports to Europe by early 2030, as it seeks to strengthen its position as a regional...
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Popular Articles

Congo State Gold Trader Targets 15 Tons of Artisanal Bullion in 2026

The state-owned gold trading company in the Democratic Republic...

Resolute Mining Advances Third African Gold Project in Côte d’Ivoire with 2.2M-Ounce Target

Australia-based miner Resolute Mining has approved the final investment...

DRC Launches First-Ever Gold Refinery With 500–600 kg Monthly Output

The Democratic Republic of Congo has inaugurated its first...