Business & Economy

Côte d’Ivoire Moves To Jail The Money Behind Illegal Gold Mining

Côte d'Ivoire has adopted a new bill aimed at the financiers, buyers and public officials accused of profiting from illegal gold mining. The proposed law introduces tougher penalties and expands criminal liability beyond miners operating at illegal sites.

Libya’s Sharara pipeline shutdown, valve No. 7, and unfinished argument over Fezzan’s oil

The Sharara pipeline shutdown has reduced Libya's oil production by roughly a fifth after an armed group closed a key pipeline valve. The disruption has revived longstanding tensions over how oil wealth is shared in the southern Fezzan region.

Sadio Mané Launches SM10 Agro Mango Processing Project in Bambali

Sadio Mané has broken ground on SM10 Agro, an 11.7 billion CFA franc agro-industrial park in Bambali that aims to transform mango production, create jobs and reduce agricultural waste in southern Senegal.

Senegal IMF Programme Nears Approval but Debt Crisis Still Casts Long Shadow

Senegal has secured a staff-level agreement for a $2.2 billion IMF programme, but approval depends on debt restructuring, creditor support and IMF board approval. As bond prices tumble and fiscal reforms continue .

Africa’s critical minerals processing gamble puts sovereignty to the test

Across Africa, governments are restricting raw mineral exports and promoting critical minerals processing to keep more value at home. But turning policy into industry will require power, investment and regional coordination.

Kenya’s Rare Earth Minerals Push Kwale County to the Centre of a US-China Contest

Kenya's rare earth minerals at Mrima Hill have drawn competing interest from the United States and China, highlighting the growing geopolitical importance of Africa's critical mineral resources.

Burkina Faso approves CFA104 billion electrification programme to close rural power gap

Burkina Faso has approved a CFA104.175 billion power expansion scheme designed to connect more than 250,000 households and narrow the country's vast urban-rural electricity gap.

TEXFORCES-BF: Burkina Faso Launches Textile Complex to Transform Cotton Locally

Burkina Faso has inaugurated TEXFORCES-BF, a major integrated textile complex near Bobo-Dioulasso designed to process local cotton into finished fabrics and garments. Authorities say the project will strengthen industrial sovereignty, create jobs and reduce dependence on imports

Starlink Senegal Licence Suspended After Sonatel Legal Challenge

Senegal's Supreme Court has temporarily suspended the Starlink Senegal licence after telecoms giant Sonatel challenged the terms of the satellite internet authorisation.

DR Congo’s debt sustainability holds, government insists, after record Eurobond debut

The Democratic Republic of Congo says its debt remains sustainable despite issuing its first-ever Eurobond worth $1.25 billion. Officials point to a largely concessional debt portfolio, strong investor demand and rising mining revenues as evidence

Dangote Refinery IPO: Minimum Subscription Fixed at N5,250

The Dangote Refinery IPO will allow Nigerians to subscribe for shares from N5,250, with the offer opening on 14 September and closing on 13 October.

Congo has stopped debating local processing. It has started forcing it.

Congo's copper export ban forces a major shift towards local processing, but chronic power shortages could determine whether the policy succeeds.

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