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Dangote to sell 12.5% refinery stake amid liquidity concern

August 6, 2024 Comments Off

The Dangote Group, Africa’s largest conglomerate, is exploring the sale of a 12.5 percent stake in its newly commissioned refinery as it grapples with liquidity Read More

African Energy Week (AEW) 2024 Awards – Celebrating Outstanding Contributions to African Energy, Nominations Now Open

July 26, 2024 Comments Off

Taking place during this year’s African Energy Week: Invest in African Energy conference, the African Energy Awards celebrate the innovators and trailblazers shaping the future Read More

Infinity Power makes 1GW energy commitment in Sierra Leone

July 24, 2024 Comments Off

Infinity Power, a large pure play renewable energy provider, has signed a MoU with the Government of Sierra Leone in order to develop 1GW of Read More

Africa Finance Corporation Appoints Banji Fehintola as Executive Director, Financial Services

African Outlook

August 7, 2024 Comments Off

With over two decades of extensive experience in global markets, financial services and infrastructure finance across Africa, Banji brings a wealth of expertise to his new role at AFCAfrica Finance Corporation (AFC), the leading infrastructure Read More

Africa Finance Corporation (AFC) Further Diversifies Shareholders with New Equity from Democratic Republic of Congo’s (DRC’s) Rawbank

African Economy

August 7, 2024 Comments Off

AFC has mobilised over US$200 million in investments in DRC across its key sectors of natural resources, power, transport, and heavy industries, holding an investment pipeline of over US$850 million in the near- to-medium termAfrica Read More

Publication of sugar tax increase without consultation threatens livelihoods

December 28, 2023 Comments Off

SA Canegrowers has voiced concern about the recently published Draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill, which includes an increase in the Read More

AFEX Expands To Uganda, Picks New Heads

January 24, 2023 Comments Off

By Monica MUEMA AFEX, Africa’s commodities exchange and commodities market player, has announced its expansion into Uganda, seven months after it first entered the East African Read More

African Development Bank expands urban support program to six new cities

July 6, 2024 Comments Off

The African Development Bank’s Urban and Municipal Development Fund (UMDF) has expanded its African Cities Program to cover six new cities across the continent. The Read More

Efforts to improve Ghanaian road conditions continue

July 24, 2024 Comments Off

Ghana’s President, Nana Addo Dankwa Akufo-Addo, has presided over the sod-cutting ceremony for the dualisation of the Anwiankwanta-Ahenema Kokoben Road The 20 km project is Read More

ECOWAS HQ construction draws closer to completion

July 9, 2024 Comments Off

The ECOWAS Ad-Hoc Ministerial Committee on the Construction of Headquarters of Community Institutions met at the site of the new ECOWAS Headquarters in Abuja, Nigeria, Read More

Africa Finance Corporation (AFC) invests in Africa’s largest copper complex, driving mineral beneficiation on the continent

August 7, 2024 Comments Off

Kamoa-Kakula is a world-class, high-grade, low carbon-intensive, underground copper deposit situated on the western edge of the prolific Central African Copperbelt Africa Finance Corporation (AFC), Read More

Mining & Minerals

Nomination for 2024 Ghana Mining Industry Awards

July 15, 2024 Comments Off

The Ghana Mining Industry Awards (GMIA) takes place every year with the aim of fostering, endorsing, acknowledging, and commemorating significant achievements and outstanding performance within Read More

Michael Akafia Becomes New President of the Ghana Chamber of Mines

July 6, 2024 Comments Off

The Ghana Chamber of Mines has announced the appointment of Mr. Michael Akafia Esq. as the new President of the Chamber. Mr. Akafia takes over Read More