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- Afreximbank first quarter 2025 net profit surges by 21% to $215 million
- As US tariffs sting, AfDB’s Adesina calls for bold realignment of African trade
- Africa’s leapfrogging from oil and gas is not the quick energy fix the world seems to think it will be
- Dry weather spell sours Kenya’s first quarter tea exports
- Tanzania’s X blockade signals deepening purge on opposition chiefs ahead of elections
- Fresh reforms to unlock Burkina-Ghana trade opportunities
- Integration vital in unlocking Africa’s $180Bn digital trade economy
- Tanzanian Prof Janabi nominated to steer WHO Africa Region office
Investing
- In Paris forum, energy chiefs seek an “integrated development of energy systems” on Africa’s resource wealth that balances affordability, sustainability and sovereignty.
- This push comes even as consensus grows that Africa’s energy mix must be as diverse as its development challenges.
- Captains of industry note that governments must move faster, cut through bureaucracy, and treat natural gas not as a waiting game, but as the bridge to affordable, inclusive, and sustainable energy systems.
The question of how to better harness Africa’s resource sustainably has seen industry chiefs from the continent suggest plans that could help different needs at the speed of need. “We don’t have the luxury of time,” declared Energean CEO Mathios Rigas, throwing down a gauntlet to African leaders, investors, and energy players at the closing session of the Invest in African Energy Forum.
Rigas wasn’t merely issuing a plea; he was unveiling a blueprint. A proven model …
- The success of Africa’s LNG sector hinges on strategic infrastructure development, inclusive local participation, and access to capital.
- In a Paris forum, captains of industry agree that building infrastructure for domestic gas use must come first.
- Beyond capital and infrastructure, the long-term viability of Africa’s LNG sector rests on developing local talent and operational capacity.
At the Invest in African Energy (IAE) Forum held in Paris, global energy leaders noted that Africa’s liquefied natural gas (LNG) sector hinges on strategic infrastructure development, inclusive local participation, and access to risk-tolerant capital. With global demand for natural gas on the rise, African nations are being called upon to unlock their gas potential by overcoming key structural and economic challenges.
Mobilizing investment to monetize Africa’s LNG sector
In a panel discussion focused on monetizing African gas—sponsored by energy firm Perenco—industry voices cited the need for robust financing mechanisms to bridge …
- Kenya’s wealthy are leading a strategic shift from luxury homes and foreign assets to energy-efficient, revenue-generating investments in 2025.
- Knight Frank report shows they’re they are turning their attention—and billions—on home-grown opportunities in technology, agriculture, data centres, and green energy.
- Nearly 77% of wealth managers surveyed said inherited assets represent less than 40% of their clients’ wealth portfolios. For half of them, that figure is under 30%.
Kenya’s wealthy individuals are fast redrawing the roadmap to riches. A new survey shows that East Africa’s largest economy is experiencing a bold departure from traditional wealth-building norms as High Net-Worth Individuals (HNWIs) abandoning their fixation on foreign property and private residential rentals. Instead, they are turning their attention—and billions—inward, betting big on home-grown investment opportunities in technology, agriculture, data centres, and green energy.
According to the 2025 Kenya Edition of the Knight Frank Wealth Report, the country’s millionaires are increasingly self-made, …
- Kenya and the UK are equipping officials with policy tools aimed at improving regulatory environment to attract investment and growth.
- UK businesses have cited challenging operating environment as the main barrier to business operations in Kenya, along with power outages and high electricity costs.
- Increased efficiencies in this space would also be boost intra-African trade though increased compliance with the African Continental Free Trade Area (AfCFTA).
A new push, Kenya-UK partnership, is paving the way for a stronger export trade framework through a specialized workshop aimed at equipping Kenyan officials with the skills to refine business regulations. As East Africa’s largest economy, Kenya stands to benefit from streamlined policies that enhance trade efficiency, attract investment, and create a more business-friendly environment.
This initiative underscores a shared commitment between the two nations to bolster economic growth by fostering regulatory reforms that support thriving enterprises. The three-day event, held in Nairobi, aims …
- Montero Mining and Exploration Ltd has received the final $7M installment of a $27M settlement with Tanzania, resolving a long-standing dispute over the expropriation of its Wigu Hill rare earth project.
- While this payment marks the conclusion of the legal battle, Montero noted that final legal costs and expenses must still be determined before net proceeds can be confirmed.
- The company is now evaluating the distribution of funds and expects to provide an update on potential shareholder payments by Q2 2025.
Montero Mining and Exploration Ltd has confirmed receiving $7,000,000, being the final instalment in a US$27,000,000 settlement between the Company and Tanzania. Paid in cash, the final Instalment brings to an end the long standing dispute between the company and the East African country where it has mining operations.
Notably, the amount accounts for approximately 39 per cent of Montero’s initial $70 million claim in a legal battle that …
- Dubai International Furniture Accessories & Components and Semi-Finished Products Show (DIFAC) returns for its 7th edition alongside the WoodShow.
- Currently the showcase space is fully booked, reflecting strong industry demand.
- Delegates to explore the latest woodworking machinery, finishing tools, wood products, and advanced automation and robotics technologies that enhance efficiency and quality in the industry.
The 21st edition of WoodShow Global in Dubai is poised to offer players in the industry across the Middle East and North Africa’s a feel of the future, with exhibitors, top-tier companies and industry professionals readying displays of the latest offers in the wood and woodworking machinery industry.
This year, the 21st edition of the event will take place from April 14 to 16, 2025, at the Dubai World Trade Centre, welcoming over 15,000 visitors from around the world. This premier exhibition serves as a vital hub for knowledge exchange, showcasing the latest innovations, trends, …
- IPS 2025 will showcase the latest technologies and smart solutions, reflecting Dubai’s commitment to building sustainable cities.
- Bringing together industry leaders, innovators, developers, investors, and financial institutions, the event serves as a catalyst for real estate growth, facilitating high-value deals, strategic partnerships, and business expansion.
- Event also facilitates the exchange of knowledge, expertise, and insights on smart building technology and sustainable designs.
The Dubai Land Department has officially announced the 21st edition of the International Property Show (IPS) 2025, set to take place from April 14-16, 2025, at the Dubai World Trade Centre. As the world’s premier real estate platform, IPS 2025 aims at reaffirming Dubai’s commitment to fostering a dynamic and investor-friendly property market.
Bringing together industry leaders, innovators, developers, investors, and financial institutions, the event serves as a catalyst for real estate growth, facilitating high-value deals, strategic partnerships, and business expansion. With a strong focus on investment opportunities, …
- Across the African continent, the tourism industry fuels the creation of jobs, providing decent work opportunities for millions of people.
- The industry also drives the development of critical infrastructural, fosters entrepreneurship, and enhances cultural exchange.
- Kenya is at the forefront of steering innovation in tourism, fostering homegrown solutions that will help shape the future of this vital industry in Africa.
Tourism in Africa is often associated with breathtaking safaris, luxury safari lodges, and pristine coastal beaches. However, its impact stretches far beyond leisure and hospitality offering targeting overseas tourists, serving as a powerful engine for economic growth and social transformation.
Across the continent, tourism fuels the creation of decent jobs, especially for the youth; drives the development of critical infrastructure such as roads and technology investments, fosters entrepreneurship across value chains, and enhances cultural exchange among communities globally.
Countries such as Kenya, South Africa, Morocco, and Rwanda provide compelling case …
- President Felix Tshisekedi is inviting the U.S. to directly purchase critical minerals from Kinshasa, instead of buying “looted” and “smuggled” minerals from Rwanda.
- Rwanda is under immense pressure from the UN, the U.S., the EU, the UK to cease and withdraw their support for M23 rebels.
- In a 2022 update, UNEP notes that DRC has around 3.5 million metric tonnes of cobalt, making it home to one of the largest reserves of this vital resource.
The escalating conflict in the Democratic Republic of Congo (DRC) has taken a new twist with President Felix Tshisekedi inviting the U.S. to directly purchase critical minerals from Kinshasa instead of buying “looted” and “smuggled” minerals through Rwanda.
In a statement on Sunday, Tina Salama, who is the spokesperson of President Tshisekedi, called out Rwanda, noting that the neighboring country has for long been involved in looting and smuggling of vital mineral resources from the …
