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JCM Power Secures 30 MW Manje Solar Project in Mozambique
JCM Power has been selected to develop the 30 MW Manje solar project in Mozambique’s Tete province, marking the independent power producer’s first project in the country. The project was awarded under Mozambique’s PROLER renewable energy auction programme, which aims to attract more private investment into the power sector. The Manje project dates back to
Nigeria Approves Two New Satellites to Expand Communications Capacity
Nigeria’s Federal Executive Council has approved the acquisition of two high-throughput communications satellites, NIGCOMSAT-2A and NIGCOMSAT-2B, as the country moves to expand satellite capacity and reduce its reliance on a single foreign technology partner. France’s Thales Alenia Space and Israel Aerospace Industries (IAI) will manufacture the satellites. NIGCOMSAT plans to launch NIGCOMSAT-2A by the end
Ghana Clears Oil and Gas Disputes, Opens Door to $3.5 Billion Investment
Ghana has resolved outstanding disputes with upstream oil and gas operators, clearing the way for $3.5 billion in new investment commitments in the sector. Partners in the Jubilee and TEN fields have committed up to $2 billion to drill 20 additional wells. The consortium behind the Offshore Cape Three Points (OCTP) project has also pledged
CardinalStone Capital Advisers Raises $76 Million for Second Growth Fund
CardinalStone Capital Advisers (CCA) has reached a $76 million first close for its second fund, the CCA Growth Fund II. The fund will provide growth capital to small and medium-sized businesses in West Africa, with a focus on Nigeria, Ghana, Côte d’Ivoire and Senegal. CCA will target businesses with strong growth potential and plans to
Angola Steps Up Luanda Water Investment With €538 Million Deal
Standard Chartered has arranged €538 million in financing for Angola to support the second phase of the Quilonga Grande Water System, a project that will expand potable water distribution across the Greater Luanda Metropolitan Area. The project was commissioned by Empresa Pública de Águas (EPAL) under Angola’s Ministry of Energy and Water. Phase 2 will
GCRAI Appoints Michael Michie Kamau as Kenya’s Responsible AI Governor
Kenyan technology leader Michael Michie Kamau has been appointed Responsible AI Governor for Kenya by the Global Council for Responsible AI (GCRAI), giving the country a representative in international discussions around AI governance and deployment. The appointment comes as Kenya develops its AI sector through policy, skills development, infrastructure and investment, while businesses and public
Stellar and CV Labs Select 10 Startups for New Accelerator
The Stellar Development Foundation and CV Labs have selected 10 startups for the first Stellar x CV Labs Accelerator, a 12-week programme supporting early-stage companies working in payments, decentralised finance (DeFi) and real-world assets. The selected startups are based in or serve markets across Africa, Europe, the Middle East and the US. Each company can
Google Gives Readers More Control Over Which Publishers They See
Google is giving users more say over which news publishers appear in their search results and feeds, while giving publishers a new way to encourage readers to choose their websites. The company has introduced a Preferred Sources button that publishers can place on their websites. Readers who select the option can tell Google which publishers
Tanzania Upgrades Dar es Salaam Port as Regional Trade Grows
Egyptian construction group EDECS has started work to modernise Terminal 1 at Tanzania’s Port of Dar es Salaam under a contract awarded by DP World, which operates the terminal under concession. The project covers the construction of seven cargo-handling yards spanning 90,000 square metres, along with supporting infrastructure. EDECS will also install fire protection systems
Tanzania Upgrades Dar es Salaam Port as Regional Trade Grows
Egyptian construction group EDECS has started work to modernise Terminal 1 at Tanzania’s Port of Dar es Salaam under a contract awarded by DP World, which operates the terminal under concession. The project covers the construction of seven cargo-handling yards spanning 90,000 square metres, along with supporting infrastructure. EDECS will also install fire protection systems
US DFC Commits $62.8 Million to Four African Rare Earth Projects
The US International Development Finance Corporation (DFC) has committed $62.8 million to four rare-earth projects in Africa, as Washington works to diversify critical mineral supply chains and reduce dependence on China. The projects are located in Malawi, Angola, Madagascar and South Africa, but none has reached commercial production. The largest allocation, about $50 million, is
Startup Mondays: When Should You Hire Your First Employee?
Growing a startup eventually changes how much one person can realistically manage. What started with a few customers and manageable day-to-day tasks can quickly become more demanding. There are customers to respond to, accounts to keep up with and new business to chase. At some point, the founder becomes the person responsible for almost everything.
Ethiopia Completes AI Startup Bootcamp at Addis Ababa UniPod
The Ethiopian Artificial Intelligence Institute, Addis Ababa University and the UNDP have completed a two-week bootcamp for AI startups at the minimum viable product stage, marking the first major programme delivered through the AI UniPod since its launch in Addis Ababa in February. Deputy Prime Minister Temesgen Tiruneh unveiled the UniPod as a centre for
Standard Chartered Foundation Launches Women in Tech Accelerator in Egypt
Standard Chartered Foundation has launched the second edition of its Women in Tech Accelerator in Egypt, in partnership with entrepreneurship platform Entlaq and impact investor Village Capital. The 2026 programme will select 12 women-led technology startups for an accelerator focused on business development, mentorship, investment readiness and access to entrepreneurial networks. Three participating startups will
Startup Abuja Launches ₦50m Scholarship Programme
Startup Abuja has launched a ₦50 million nationwide scholarship programme to support students in Nigerian tertiary institutions while helping them develop skills needed in the changing global job market. The programme is open to students at universities, polytechnics and colleges of education across Nigeria. Successful applicants will receive full tuition sponsorship for one academic session,
Togo Resumes Mineral Exploration Permits After Suspension
Togo has resumed issuing mineral prospecting authorisations and exploration permits after several months of suspension, reopening the application process for companies and investors seeking to explore for minerals. The decision follows an order signed on August 18, 2026, by Minister Delegate for Energy and Mineral Resources Robert Koffi Messan Eklo. It applies nationwide and comes
Egypt Completes Africa’s First 6 GHz Mobile Services Trial
Egypt has completed Africa’s first trial of mobile services using the 6 GHz band, giving the country an opportunity to assess the spectrum for future high-capacity mobile networks. Egypt’s National Telecommunications Regulatory Authority (NTRA) conducted the trial with Telecom Egypt and Huawei as part of efforts to strengthen the country’s telecommunications infrastructure and digital economy.
Namibia Approves Local Content Policy as Offshore Oil Development Advances
Namibia has approved a National Upstream Petroleum Local Content Policy as major offshore oil discoveries move closer to development, with the government seeking to increase the participation of local businesses and workers in the emerging petroleum industry. The policy focuses on local procurement, employment, skills development and technology transfer, with Namibian companies expected to compete
Founder Fridays : Akani Connect
Some ideas begin in the office. Others begin with a sudden realisation. For Bongani Ntokozo Mbonani, the idea behind Black Apple Investments began on the ground, working with communities affected by mining projects and seeing first-hand how difficult it could be to connect local people and businesses with the opportunities created around them. One of
AfriLabs and EYCONET Partner to Expand Startup Investment Access in North Africa
Pan-African innovation hub network AfriLabs has signed a Memorandum of Understanding (MoU) with Algeria-based Algerian Ecosystem Network (EYCONET) to expand its investment deal room and strengthen access to funding for startups in North Africa. The partnership will use the AfriLabs Connect Deal Room, a platform designed to support structured deal sourcing and help startups become