Focus
Backed by Gates and Bezos, KoBold Scoops Up AVZ’s Stake in Manono Lithium Mine in DRC
On 7 May 2025, US firm KoBold Metals announced that it has struck a framework with AVZ Minerals to secure
FINANCE
Mauritius Officially Launches First Offshore RMB Clearing Center in Africa
On 12 June 2025, the Renminbi (RMB) Clearing Center was officially operationalized during a ceremony at the InterContinental Hotel in
AGRIBUSINESS
IFTC Provides $120M to Burkina Faso to Develop Cotton Sector As Per Mourabaha Framework
On 15 May 2025, the International Trade Finance Corporation (ITFC) approved USD 120 million financing package to the Société Burkinabé
MINING
US Establishes $100M Tin Supply Chain With Rwanda
On 13 May 2025, Nathan Trotter, the largest tin alloys manufacturer in the US, signed a Letter of Intent (LoI)
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
Mozambique On Track For $220M Rail Modernization Journey
On 26 April 2025, Mozambican Minister of Transport Joao Matlombe announced its plan to invest USD 220 million by 2030
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
Haier Announces Plans for Factory in Kenya During Dealers Summit in Nairobi
During Haier Dealers Summit in Nairobi in May 2025, Leon Liu, East Africa Regional Manager for Haier (SHSE: 600690); HKSE:
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
