Africa to brace for further food price increases due to Red Sea crisis
The economic impact of the Middle East conflict on Africa is going to be “substantial”, according to East Africa Business Council (EABC), which is due […]
Business
DRC and China renegotiate mining ‘contract of the century’, thus averting relationship rift
The Democratic Republic of Congo (DRC) government has noted it had finally resolved the 16-year dispute over a controversial mining deal between it and China […]
Seychelles: State-owned company to start black tiger prawn production in 2024
Island Development Company (IDC), a company owned by the Seychelles State, is on the verge of starting by June 2024 the production of black tiger […]
Morocco’s ONEE Teams up with Nareva and GE Vernova to Convert Laâyoune Power Plant to Green Hydrogen
Morocco’s National Office of Electricity & Drinking Water (ONEE) has partnered with GE Vernova’s Gas Power business and Nareva to decarbonize Laâyoune Power Plant, which […]
Agreement between Rwanda and mining company Rio Tinto to mine lithium
Rwanda has signed an agreement with Anglo-Australian mining giant Rio Tinto for the exploration and exploitation of lithium in the East African country, the two […]
EU supports three sustainable tourism projects in Cape Verde with 2.7 ME
The European Union will fund three new Cape Verdean civil society projects on sustainable tourism in protected areas with 2.7 million euros, to be carried […]
Burkina Faso, Mali, Niger pull out of regional bloc ECOWAS
Burkina Faso, Mali, and Niger announced Sunday January 28 their withdrawal from the regional organization the Economic Community of West African States (ECOWAS) that they […]
European Union builds Guinea’s largest photovoltaic plant on Bolama Island
Alfredo Pais, TESE’s energy sector manager in Guinea-Bissau, told Lusa that the Bolama photovoltaic plant is supported by 1,091 solar panels of 550 watts, installed […]
Angola’s oil revenues fall by more than 20% in 2023
Angola’s oil revenues fell 21.3% in 2023 compared to the same period in 2022, reflecting the drop in the average price of a barrel and […]
Africa needs stronger voice to push for resolution of escalating Red Sea crisis
As the attacks by the Yemen’s Houthi rebels on vessels in the Red Sea intensify, Africa needs stronger voice and involvement in discussions on how […]