The Medusa Submarine Cable System is a critical investment in the region’s digital future, especially at a time when demand for data and bandwidth is accelerating across Africa and the Mediterranean ...

Treasury banned Bain for 10 years (2022-32) after probes found collusion with ex-SARS chief Moyane and President Zuma to cripple SARS. Staff fell from 135 (2016) to ~87; 60 % redeployed to a new ...

Africa’s 2024 FDI jumped to USD 97 bn (+75 %), but almost two-thirds came from Egypt’s USD 35 bn Ras El-Hekma smart-city; excluding it, growth was only 12 %. The continent secured barely 5 % of the ...

The agreement states that students will exchange for a semester or a year each year. It also includes joint research focused on tropical-ecosystem preservation, climate-change mitigation, and ...

The scope of future digital cooperation with Turkey is yet to be defined. Gabon set four priorities: modernise public administration, expand infrastructure, secure data, train digital talent. Ongoing ...

Angelique International will establish a tractor-assembly facility in the DRC. The company already runs similar plants in six African countries and is executing the Kakobola dam project in the DRC. It ...

CCBA invested $20.4 million to expand its Midrand plant’s production capacity. The new line will bottle 72,000 units per hour, targeting growing demand for Bonaqua and Powerade. This is part of a ...

Diageo may sell its East African beer operations worth up to $2 billion. The company has hired Bank of America and Goldman Sachs for a strategic review. French brewer Castel emerges as a likely buyer ...

Africa will boost fish consumption by 24% from 2025 to 2034, outpacing the global average of 13%. Per capita fish consumption remains low in Africa (around 10 kg) but demand rises due to population ...

Uganda’s coffee export earnings reached $2.2 billion in 2024/2025, doubling from $1.14 billion the previous year. Coffee export volumes grew by 25%, with 7.7 million bags (462,000 tonnes) shipped ...

Solar photovoltaic costs rose slightly in 2024, marking a break in a decade-long downward trend. Rising prices of modules, logistics, and financing, along with slower technological progress, drive ...

Asara aims to raise $25 million through a share placement to fund gold exploration in Guinea. The company will drill at Talico, Banan, and Massan to expand its 923,000-ounce resource estimate. This ...