Africa Global Logistics (AGL) signed a partnership agreement at the end of 2024 as the lead member for the development and operation of the Patimban International Port, in collaboration with Toyota Tsusho Corporation and Samudera Pelabuhan Indonesia. This project reflects AGL's ambition to participate in the development of modern and efficient logistics infrastructures on a global scale. A...

Africa's population is rapidly growing, with urbanization rates set to increase significantly. Smart housing can accommodate this growth by providing efficient, sustainable, affordable living spaces. Telecom Namibia and the National Housing Enterprise (NHE) have signed a Memorandum of Understanding (MoU) to drive Namibia’s smart housing development. The agreement, signed on January 28 will...

Free roaming is a significant step toward strengthening regional economic integration and digital connectivity. It eliminates costly roaming charges, allowing for seamless cross-border communication, which is essential for trade, tourism, and economic growth. The Liberia Telecommunications Authority (LTA), along with regulators from the National Communications Authority (NatCA) of Sierra Leone...

MTN launched commercial 5G in Nigeria in September 2022. By December 2024, the technology accounted for just 2.46% of the total number of subscribers. The Nigerian Communications Commission (NCC) is already considering the launch of sixth-generation mobile technology (6G), which it believes could generate up to $1 billion in revenue for the government. This announcement was made last week...

The common visa policy is part of the Confederation project announced in 2024, designed to boost cooperation and integration among AES member states. Experts from the Sahel Alliance (AES), which includes Burkina Faso, Mali, and Niger, are working on a common visa policy. The initiative was discussed during a meeting held in Bamako on Saturday, February 1, and Sunday, February 2, 2025. The...

The Cameroonian government has announced its intention to acquire 58.08% stake in the local subsidiary of Société Générale. The country offered $191.6 million, according to letter from the Ministry of Finance. The government’s decision is based on legal provisions in Société Générale Cameroon’s statutes and follows a letter from the French banking group outlining its plans...

Resolute Mining produced 2% more gold in 2024 than in 2023. However, the output was below the firm’s target for the past year, and it is expected to record a decline in production this year. Resolute Mining, the Australian firm operating the Syama and Mako gold mines in West Africa, reported a total gold production of 340,000 ounces for 2024, falling short of its forecast range of 345,000 to...

Burkina Faso produced about 67 tonnes of gold in 2021. Since then, production has steadily declined due to security challenges. Despite new projects, the future of the gold sector remains uncertain. In 2024, Burkina Faso experienced its third consecutive drop in industrial gold production. While final figures for last year are not yet available, data shows that production reached 47.7 tonnes by...

The future looks brighter for uranium as interest in nuclear power grows. In Niger, the Canadian company Global Atomic aims to take advantage of this trend and speed up the Dasa project. Global Atomic plans to raise C$36 million ($25 million) to support its Dasa uranium project in Niger. According to a note from January 23, the funds will come from a private placement selling up to 45 million...

Perseus Mining, an Australian company, runs the Yaouré and Sissingué gold mines in Côte d'Ivoire, producing over 300,000 ounces annually. Last year, the firm’s revenues soared thanks to a roughly 30% increase in global prices of gold. Revenues from the Yaouré and Sissingué gold mines in Côte d'Ivoire hit $677 million in 2024, up 8% from 2023. The mines’ Australian owner, Perseus...