Zimbabwe’s state-owned Kuvimba Mining House is set to begin construction of a $270 million lithium concentrator at its Sandawana mine in the third quarter of 2025. Kuvimba Mining House in Zimbabwe plans to construct a $270 million lithium concentrator at its Sandawana mine by 2027. The project aims to process 600,000 metric tons of lithium…
In a late shift, U.S. Senate Republicans abandoned a proposed $400 million cut to PEPFAR, the flagship HIV/AIDS relief program that supports millions across Africa. U.S. Senate Republicans withdrew a proposed $400 million funding cut to the PEPFAR program. PEPFAR is a U.S. global initiative combating HIV/AIDS, significantly aiding African regions. Critics warned that funding…
Angola has postponed plans to issue Eurobonds this year due to rising global uncertainties and falling oil prices that have dampened investor sentiment. Angola has delayed issuing Eurobonds this year due to global uncertainties and oil price declines. The country faces fiscal challenges exacerbated by reduced oil revenues, impacting public expenditures. To address funding needs,…
Consumers in several African countries continue to bear the brunt of high fuel prices, with rippling effects in transportation, food, and energy expenses. Business Insider Africa presents the 10 African countries with the highest fuel prices in July 2025. This list is courtesy of Global Petrol Prices. The Central African Republic ranks number 1 on…
Morocco has begun a groundbreaking water infrastructure project, the Jorf Lasfar-Khouringa (J2K) pipeline. The state-owned OCP Group unveiled the new 200-kilometer pipeline, which would transport desalinated water from the Atlantic coast to Khouribga, home to the world’s largest phosphate mine. Morocco initiated the Jorf Lasfar-Khouringa (J2K) pipeline to transport desalinated water over 200 kilometers. The…
Egypt is preparing to relaunch its national commodity exchange to stabilise domestic markets and ensure a steady supply of essential agricultural goods. Egypt plans to relaunch its national commodity exchange to stabilize domestic markets. The exchange will focus on regulating trade for essential agricultural goods to manage price volatility. The platform will be overseen by…
Kenya is grappling with a dramatic surge in cybercrime, as the country recorded a staggering 201.7% rise in cybersecurity threats within the first quarter of 2025. Kenya recorded a 201.7% increase in cybersecurity threats during Q1 2025, reaching 2.5 billion incidents. The Communications Authority of Kenya issued 13.2 million advisories, up 14.2% from the previous…
Ghana is developing a plan to hedge its gold exports in a bid to safeguard the earnings that have strengthened its central bank’s foreign reserves. Ghana plans to hedge its gold exports to stabilize revenue, strengthening its international reserves. The Bank of Ghana reports a rise in gold reserves to 32.99 tonnes as of June…
