Ronald Lamola has strongly rejected suggestions that the United States can unilaterally remove South Africa from the G20, insisting that Pretoria remains a legitimate founding member of the global economic bloc. Speaking on the sidelines of the BRICS Foreign Ministers’ Meeting in New Delhi, Lamola addressed mounting diplomatic tensions following reports that Washington intends to […]

Burkina Faso has officially been ranked as Africa’s most promising solar energy market, according to newly released data from the International Solar Alliance (ISA). The assessment places the West African nation ahead of Uganda in second position and Ethiopia in third place. The rankings were compiled through the ISA Solar Data Portal, which evaluated African […]

Germany has launched an official assessment of Madagascar’s rapidly expanding mining sector as Europe intensifies efforts to reduce dependence on China for critical electric vehicle battery materials. Geoscientists from Federal Institute for Geosciences and Natural Resources recently completed an independent evaluation of Madagascar’s mining infrastructure, identifying the island nation as a potential strategic supplier of […]

Global port operator APM Terminals has pledged a major $600 million investment to expand and modernize Nigeria’s maritime infrastructure, marking one of the country’s largest private-sector port commitments in nearly two decades. The agreement was finalized during high-level discussions between Bola Tinubu and executives of APM Terminals on the sidelines of the Africa CEO Forum […]

The International Finance Corporation (IFC) has signed a $40 million convertible loan agreement with EDF Power Solutions to accelerate the rollout of off-grid solar energy systems across Africa. The agreement, announced by IFC’s Vice President for Africa Ethiopis Tafara, is designed to combine institutional financing with private capital in order to expand electricity access in […]

Nigerian National Petroleum Company Limited has abandoned its long-running state-funded refinery repair strategy after spending more than ₦11 trillion (about $25 billion) on unsuccessful overhauls since 2010. The move comes as Nigeria continues to battle decades of refinery dysfunction, poor maintenance, and operational inefficiencies across its major state-owned facilities. NNPC Group CEO Bayo Ojulari has […]