NEWS

U.S. solar energy firm plans $750 million power grid expansion across four African countries

PerformanceBy Editor9th May 2026Leave a comment

Renewvia Energy Corp. is expanding its solar-powered mini-grid operations into four African countries as renewable energy providers increasingly move to address the continent’s widening electricity deficit. Renewvia Energy Corp. is expanding its solar-powered mini-grid operations into Uganda, Rwanda, Ethiopia, and the Democratic Republic of Congo. The company plans an investment of about $750 million to…

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Africa’s second richest country activates $1M golden visa program to attract 100 high-net-worth individuals globally

PerformanceBy Editor9th May 2026Leave a comment

Mauritius, Africa’s second wealthiest and most peaceful country, has officially launched its highly anticipated $1 million Golden Visa program, aimed at attracting high-net-worth individuals (HNWIs) from around the world. Mauritius has launched a $1 million Golden Visa program to attract high-net-worth individuals globally. Applicants must invest $1 million within 12 months of arrival to be…

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Africa-to-Asia becomes world’s fastest-growing private jet corridor, up 42% in 2025

PerformanceBy Editor8th May 2026Leave a comment

Africa-to-Asia emerged as the world’s fastest-growing long-haul private jet corridor in 2025, recording a 42% year-on-year increase in flights, according to data from VistaJet published in Knight Frank’s latest Wealth Report. Africa-to-Asia became the fastest-growing long-haul private jet corridor in 2025, with a 42% year-on-year increase in flights. Growth on Africa-to-Asia routes outpaced other major…

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South Africa secures Europe-backed $90 million vaccine plant deal amid hantavirus outbreak fears, 7,000 jobs expected

PerformanceBy Editor8th May 2026Leave a comment

South Africa has secured a Europe-backed $90 million deal to build Africa’s first fully integrated vaccine plant, a project expected to create over 7,000 jobs amid growing hantavirus outbreak fears. South Africa secured a R1.5 billion deal with the European Investment Bank and Biovac to build Africa’s first fully integrated end-to-end vaccine manufacturing plant. The…

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US, South Africa revive mining talks as Trump seeks to counter China’s grip on critical minerals

PerformanceBy Editor8th May 2026Leave a comment

The United States and South Africa have begun preliminary discussions on potential co-operation in mining, infrastructure and investment, signalling a possible thaw in relations after months of diplomatic strain. The United States and South Africa have opened preliminary talks on mining and infrastructure partnerships after months of diplomatic tensions. The discussions centre on critical minerals,…

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French-mining contractor pulls out of Mali’s largest gold mine as over 600 jobs come under threat

PerformanceBy Editor8th May 2026Leave a comment

A major contractor at Loulo-Gounkoto gold complex, Mali’s largest gold mining operation, is shutting down its activities in the country and laying off more than 600 workers, in the latest sign of mounting pressure surrounding one of Africa’s biggest gold assets. Gounkoto Mining Services, a major contractor at Mali’s largest gold mine, is shutting down…

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