4+ day, 22+ hour ago   (477+ words) Africa’s renewable energy market could increase from 86.95 gigawatts (GW) in 2026 to 179.66 GW in 2031, representing a compound annual growth rate of 15.62%, according to a report published Aug. 11 by research and consulting firm Mordor Intelligence. Solar module prices also fell to $0.12 per…...

4+ mon, 2+ day ago   (217+ words) Zhejiang Huayou Cobalt launched a strategy to acquire 100% of the Ewoyaa lithium project through a $210 million buyout of Atlantic Lithium and a separate deal with Elevra Lithium. The transaction resolves a multi-month deadlock between Atlantic and Elevra over the distribution…...

4+ mon, 8+ hour ago   (455+ words) The Central Bank of Congo says about $8.5 billion out of the $10 billion in U.S. dollar cash imported into the country in 2025 quickly disappeared from the formal banking system, raising concerns over money laundering and illicit financial flows. The figure was disclosed…...

4+ mon, 2+ week ago   (375+ words) Reforms target refinancing, cost cuts, governance improvements Plans include new regional subsidiary, potential private investment Senegal on Monday set up an ad hoc committee to oversee the restructuring of Air Sénégal and AIBD SA, the state asset-holding company representing the…...

5+ mon, 17+ hour ago   (320+ words) Washington and Brussels discuss coordinated supply strategy for key minerals Plan targets China’s dominance in extraction and refining chains Africa could emerge as a central partner in diversification efforts The United States and the European Union (EU) are currently working…...

4+ mon, 3+ week ago   (222+ words) Australian gold miner West African Resources Limited (WAF) suspended trading in its shares on the Australian Securities Exchange (ASX) on Friday ahead of an announcement on a Burkina Faso government decree that could raise the state's stake in the Kiaka…...

5+ mon, 4+ day ago   (408+ words) WAF said it paid a total of $398 million to the Burkinabe state in 2025 through taxes, royalties, and other contributions. This amount more than doubled from $154 million reported a year earlier. The company operates both the Sanbrado and Kiaka gold mines…...

4+ mon, 3+ week ago   (303+ words) The IMF lowered its 2026 growth forecast for sub-Saharan Africa to 4.3% from 4.6%. Rising energy, fertilizer, and shipping costs linked to Middle East tensions drove the downgrade. Nigeria and South Africa both face downward revisions to their growth outlooks. The International Monetary…...

4+ mon, 4+ week ago   (496+ words) After several hours of debate on Monday, French lawmakers approved legislation setting out a framework for the restitution of cultural property looted during the colonial era. Local media reported that only about a third of deputies were present in the…...

5+ mon, 2+ day ago   (413+ words) The Democratic Republic of Congo's central bank has decided to take exclusive control of the import of foreign banknotes, effective April 9, 2027. Central Bank of the Congo (BCC) announced the decision following a meeting of its monetary policy committee (MPC) on…...