Burkina Faso opens $19 million gold refinery as Traoré pushes to keep mining wealth at home
President Ibrahim Traoré inaugurated the Raffinerie Nationale d’Or du Burkina Faso in Ouagadougou, saying the country wanted to move beyond extracting minerals and develop the full value chain locally
FG Targets One Million Export-Linked Jobs by 2030 – MSME Africa
The Federal Government has set a target of creating one million export-linked jobs by 2030 through the Hire From Nigeria campaign, as the country seeks to expand its share of the rapidly growing global outsourcing market
Africa’s richest man and Ethiopia to lay $660 million fuel lifeline, giving the landlocked country a new fuel route
Aliko Dangote, Africa’s richest man and Ethiopian Investment Holdings are investing $660 million to build a petroleum-products pipeline connecting landlocked Ethiopia to Djibouti’s coast, creating new infrastructure for moving and storing refined fuel
Engineers India wins $450 million deal for Dangote’s 700,000-bpd Kenya refinery after helping build Africa’s largest refinery
Aliko Dangote has hired the Indian engineers behind his Lagos refinery to provide project management and engineering consultancy services for a planned 700,000-barrel-per-day refinery and petrochemical complex in Kenya
TotalEnergies and AMNI commit $800 million to Nigeria’s Ima gas field 53 years after discovery
The Final Investment Decision (FID) marks the start of development of the offshore gas field, which straddles Nigeria’s OML 112 and 117 licences in shallow waters near Bonny Island
World Bank backs Nigeria’s $300 million off-grid power fund with initial $25 million as Africa races to connect 300 million people
The Nigeria Distributed Renewable Energy Fund has moved from fund structuring to active capital deployment, according to a joint statement by the Nigeria Sovereign Investment Authority
Sadio Mané bets $20.4 million on Senegal’s mango industry to spur economic development
Mané is investing 11.7 billion CFA francs ($20.4 million) in an agro-industrial complex that will sort and export fresh mangoes while producing mango pulp, dried fruit and mango butter
Middle East war wipes out 36 million tonnes of LNG as buyers hunt for alternatives from Africa
The lost volume is almost equal to the 39.8 million tonnes exported by the whole of Africa in 2025, showing both the scale of the shortage and the difficulty of replacing it quickly
Swedfund invests USD 20 million to drive climate action and green business growth in Africa
Swedfund is investing USD 20 million in the Helios Climate, Energy, Adaptation and Resilience (CLEAR) Fund to support efforts that limit climate change and help communities adapt to its effects. The fund backs African companies that reduce emissions, strengthen resilience and create green jobs.Africa contributes less than three percent of global carbon emissions but faces…
Defense tech-firm locks in $1 million deal to protect critical lithium and gold mines amid $500M development push in Nigeria
Terra said the phase-one contract was awarded by Anka Metals and will cover autonomous surveillance and site protection at the project in Gidan Waya, where deposits of gold, lithium, copper and nickel have been identified