Focus
DFC Approves Investments in Africa to Secure Critical Mineral Supply Chains
During its quarterly board meeting, the US International Development Finance Corporation (DFC) approved two new investments that will reinforce the
FINANCE
Japan Credit Rating Agency Assigns A+ Score to the Africa Finance Corporation
In an evaluation report recently made public, the Japan Credit Rating Agency (JCR) has assigned an A+ score to the
AGRIBUSINESS
Wilmar Buys Out Cussons’s Share for $70M to Secure Sole Ownership in PZ Wilmar
On 18 June 2025, Wilmar International announced that it plans to buy out PZ Cussons’s 50% shares for USD 70
MINING
Mali Kicks Off Construction of National Gold Refinery
On 16 June 2025, Malian President Assimi Goita officially kicked off the construction of the National Gold Refinery during bricklaying
HEALTH
AfDB, DFC and IFC Inject $45M for VaxSen to Boost Vaccine Production in Senegal
On 13 December 2024, the African Development Bank (AfDB), the US Development Finance Corporation (DFC) and the World Bank International
INFRASTRUCTURE
Uganda Kicks Off Upgrade of Kayunga – Bbaale – Galiraya 90-km Road
On 11 July 2025, Ugandan President Yoweri Museveni officially kicked off the upgrading project for the 87.6-kilometer road linking Kayunga,
ENERGY
GBC Visits Red Solar PV Plant
In the context of the China-Africa Economic and Trade Expo 2025 (#CAETE2025), the Chair of the Global Business Council (GBC)
MANUFACTURING
CATL Performs Groundbreaking Ceremony for $6B Battery Gigafactory in Indonesia
On 29 June 2025, Contemporary Amperex Technology Co. Ltd. (CATL) officially carried out a groundbreaking ceremony for its new battery
TECHNOLOGY
Bayobab Turns On Fiber Optic Linking Uganda to the World
On 6 May 2025, Bayobab announced that it has completed the fiber optic link from Mombasa seaport in Kenya to
