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The Ghanaian authorities have suspended electricity exports to neighboring countries after a fire at a substation within the Akosombo hydroelectric complex led to a significant loss of generating capacity.
The incident resulted in a reduction of nearly 1,000 megawatts (MW) from the national power system, prompting urgent measures to stab...
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Nigerian industrialist Aliko Dangote is planning a major expansion of his Dangote Refinery in Lagos, aiming to increase its capacity to 1.4 million barrels per day, according to industry sources.
The project, if fully realized, would position the facility among the largest refineries in the world and significantly boost Nigeria’s d...
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Responding to the invitation of Thierry de Montbrial, Founder and President of the World Policy Conference (WPC), H.E. Mrs. Nialé KABA, Minister of State, Minister of Foreign Affairs and International Cooperation, represented H.E. Alassane Ouatt...
Published on Apr 26, 2026
Ghana has introduced sweeping reforms to its mining sector requiring major foreign mining companies to transfer a significant portion of their operational activities to local firms by the end of 2026, in a move aimed at strengthening national participation and increasing domestic value retention in the industry.
According to regulatory d...
Published on Apr 25, 2026
Nigeria is emerging at the center of a renewed trade dynamic with the United States following the reactivation of the GSM-102, a credit guarantee scheme designed to support American agricultural exports.
The program, managed by the U.S. Department of Agriculture, enables financial institutions to mitigate risks associated with export fin...
Published on Apr 25, 2026
Africa’s richest man, Aliko Dangote, has proposed leading the construction of a major oil refinery in Tanzania as part of a wider plan to strengthen energy security across East Africa, according to discussions involving regional leaders.
The project, which is still at a preliminary stage, is being considered by several East African...
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Ghana has directed several major mining companies, including Newmont, AngloGold Ashanti, and Zijin Mining, to transfer parts of their mining operations to locally owned subcontractors by December 2026, as part of a broader policy to increase domestic participation in the gold industry.
According to the directive, surface mining activitie...
Published on Apr 23, 2026
Nigeria has attracted approximately $425 million in investments in 2025 to develop local renewable energy manufacturing capacity, according to industry and government-linked sources, in a move aimed at strengthening its clean energy supply chain and reducing import dependence.
The investments are directed toward the establishment of seve...
Published on Apr 23, 2026
Nigeria has unveiled a set of emergency measures aimed at stabilizing its domestic aviation sector, as local airlines grapple with soaring fuel costs and mounting financial pressure.
Authorities have introduced partial debt relief for struggling carriers, alongside a review of taxes and regulatory charges, in a bid to prevent disruptions...
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Ghana has ordered major mining companies Newmont, AngloGold Ashanti, and Zijin Mining to transfer their mining operations to local contractors by December 2026, according to regulatory documents and sources familiar with the matter.
The directive comes from Ghana’s mining regulator and is part of a broader local content reform intr...
Published on Apr 22, 2026
Nigeria has introduced a revised trade policy that tightens import restrictions on selected goods as part of efforts to strengthen domestic industries and reduce reliance on foreign products, according to official government communications and trade policy documents.
The measures target specific categories including poultry, cement, cert...
Published on Apr 21, 2026
The United States and Côte d’Ivoire have strengthened their commercial partnership following the signing of a major financing agreement worth 330 billion CFA francs aimed at supporting key infrastructure projects across the West African country.
The agreement, signed in Washington between the African Development Bank Group an...
Published on Apr 21, 2026
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