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Business Africa

Nigeria Discovers Fresh Crude, Reinforcing Its Lead as Africa’s Top Oil Producer

Nigeria’s oil sector received a boost after the Nigerian National Petroleum Company (NNPC) Limited and Chevron Nigeria Limited confirmed a new discovery at the...

Ivory Coast Rains Expected to Support Cocoa Mid-Crop, Farmers Say

Farmers in Ivory Coast’s cocoa-growing regions said recent rainfall is likely to support the development of the country’s mid-crop, providing relief during a typically...

Dubai-Based Group Develops 200 MW Thermal Power Plant in Burkina Faso

A Dubai-based industrial group, Mark Cables, has completed the development of a 200-megawatt thermal power plant in Burkina Faso, aimed at addressing the country’s...

Nigeria Secures Spot Among Africa’s Top Five Economies as Reserves Hit $46 Billion, Strongest in Eight Years

Nigeria has retained its position among Africa’s top five largest economies as its external foreign exchange reserves rose to about $46 billion, the highest...

Mali Takes 51% Stake in China-Backed Local Explosives Venture

Mali has taken a controlling 51 percent stake in a new industrial explosives joint venture backed by China, strengthening state oversight of a strategic...

Guinea’s Bauxite Exports Jump 25% to 183 Million Tons in 2025 on Chinese Demand

Guinea’s bauxite exports increased by 25 percent to about 183 million metric tons in 2025, driven largely by rising demand from China, strengthening the...

Tanzania Aims to Sign $42 Billion LNG Mega-Project Before June

Tanzania is targeting a signing of a $42 billion liquefied natural gas (LNG) export project agreement before June 2026, a senior government minister said,...
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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...