Author: Kradio
Sosthène Nguema Nguema, Minister of Oil and Gas, Gabon has been confirmed as a speaker at the upcoming Libya Energy & Economic Summit 2026 – taking place in Tripoli from January 24-26. The announcement highlights Gabon’s ongoing efforts to attract international investment and advance strategic reforms in its oil and gas sector. Minister Nguema assumed […]
The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) yesterday signed a Memorandum of Understanding (MoU) for the establishment of a pan African Gold Bank. This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves and reduce Africa’s reliance on foreign refining and trading hubs. This landmark MoU […]
South Africans are paying more for electricity, and still not always getting it. With Eskom’s 12.74% tariff hike this year and another 8.76% and 8.83% increase approved for 2026 and 2027, power costs will have surged nearly 80% since 2022. Yet despite rising tariffs, load reduction remains a regular part of daily life for millions […]
The Global Agriculture and Food Security Program (GAFSP) has announced the first allocation from its new private sector financing window to the African Development Bank Group , providing $14 million in de-risking capital that aims to unlock $200 million from the private sector to enhance food security in low-income countries. GAFSP provides financial and technical […]
African Export-import Bank (Afreximbank) in Cairo, Egypt, marked the end of the tenure of Prof. Benedict Okey Oramah as its President and Chairman of the Board of Directors, with a legacy conference where the outgoing President announced that he made the promotion of intra-African trade and investment the arrowhead of the Bank’s strategy when he […]
Digital Telecom , a subsidiary of Digital Afrique Telecom (DAT), today announced a strategic partnership with Datel, Estonia’s leading geospatial technology company, to deploy advanced satellite monitoring and digital cadastral solutions across Africa. This collaboration targets three critical areas—modernizing land administration, detecting illegal constructions, and monitoring illegal mining—bringing transformative tools to help governments increase revenues, […]
Just days after being elected to represent the people of Mzimba Kafukule Constituency,pending official confirmation from the Malawi Electoral Commission Hon. Madalitso Chidumu Baloyi is already delivering on her campaign promises. This swift action reflects her deep commitment to transformative, people-centered leadership. Today, Hon. Baloyi proudly handed over suitcases, essential learning materials, and transport support […]
Angola’s national oil company (NOC) Sonangol has joined the Angola Oil & Gas (AOG) conference as a Diamond Sponsor. The company’s participation comes as it implements a bold development drive in Angola, targeting new exploration opportunities, increased production and 445,000 barrels per day (bpd) in refining capacity. Sonangol’s sponsorship reflects a broader commitment to using […]
The Food and Agriculture Organization of the United Nations (FAO) in collaboration with the Government of Zimbabwe launched a technical cooperation programme to enhance national capacity to support meaningful youth engagement in agrifood systems through policy support, leadership development and institutional strengthening. FAO provides technical support to the Government of Zimbabwe to ensure that youth […]
The 32nd Annual Meetings of African Export-Import Bank (Afreximbank), also known as AAM2025, witnessed a flurry of deal signings with four project preparation transactions signed between the Bank and various entities that are expected to unlock investments valued at about US$ 1.0 billion. In an agreement signed by Mrs. Kanayo Awani, Executive Vice President, Intra-African […]
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