African-based investors accounted for 31% of all VC backers in 2024, up from 29% the year before Total venture capital activity in Africa dropped to $2.6 billion, reflecting a global investment ...

Aya Gold & Silver launched a new silver plant in Morocco last year, further boosting its production capacity in the country. Over the same period, it produced 1.65 million ounces. This year, the firm ...

Gold Fields applied to extend the mining lease for its Damang gold mine in Ghana, but the government rejected the request, leaving the mine's future uncertain. Gold Fields faces an imminent shutdown ...

As the global race for critical minerals like copper, cobalt, and lithium intensifies, African nations strive to have a more strategic role in these lucrative value chains. Yet, this ambition is ...

First Quantum Minerals relied on Zambia for 93% of its copper production, with the Kansanshi and Sentinel mines delivering 402,000 tonnes and anchoring the company’s copper portfolio. On April 15, ...

Nigeria’s inflation rate climbed to 24.23% in March 2025 from 23.18% in February This marks the first monthly rise in the inflation rate since the beginning of the year Food, transport, and ...

Barrick Gold has suspended production at Loulo-Gounkoto, Mali's largest gold mine, since early 2025. The company decided due to an ongoing dispute with Malian authorities over allegedly unpaid taxes ...

Senegal says it will need CFA1.195 trillion ($2.06 billion) to finance its 2025 budget. Government plans to cut this need to CFA155 billion by 2029 if a new IMF deal is reached. PM Sonko calls for a ...

U.S. and African nations plan to hold talks on AGOA's future by July 2025. • New U.S. tariffs could undermine Africa's duty-free access to American markets. • African trade ministers will meet next ...

Equinix plans to invest $140 million to expand its data infrastructure in Nigeria, including a new data center in Port Harcourt. • The move aims to improve bandwidth capacity and bridge Nigeria’s ...

Intra-African trade in Central Africa could grow by 12% a year by 2028, faster than any other region • Trade in the region may rise from $19.4 billion in 2024 to nearly $31.8 billion in 2028 • ...

Africa had 577 hotels under development in early 2025, up 13.3% from the same period last year. • North Africa drove most of the growth, with a 23% YOY in hotel projects. • Egypt remains the top ...