Intra-African Fair Smashes Records with $48.3B in Trade Agreements
The 2025 Intra-African Trade Fair (IATF) has concluded with unprecedented success, shattering records by facilitating an impressive $48.3 billion in trade and investment deals. This remarkable figure not only exceeded the event’s $44 billion target but also surpassed previous editions, underscoring a powerful leap forward for Africa’s economic integration. Algeria, which hosted the fair, led the […]
Ghana’s Economy Outperforms Forecasts with Digital-Driven Surge
Ghana’s economy grew faster than expected in the second quarter of 2025, expanding by 6.3% thanks to a remarkable surge in its information and communications technology sector. The ICT industry expanded by a striking 21.3% annually, driven by soaring data usage and helping propel the broader services sector to a robust growth of 9.9%. This digital boom […]
South Africa’s Economy Records Fastest Growth in Two Years
South Africa’s economy posted its strongest growth in two years during the second quarter, surpassing economists’ expectations. GDP expanded 0.8% from the previous quarter, exceeding forecasts of 0.6%. This encouraging rebound was largely fueled by revitalized activity in the manufacturing and mining sectors, signaling a positive shift for the continent’s most industrialized economy. The performance prompted Goldman […]
South Africa’s Landmark Rooibos Deal Leaves Small Farmers Behind
South Africa’s landmark 2019 rooibos benefit-sharing deal was hailed as a breakthrough for Indigenous people, but small-scale farmers say the reality tells a different story. The agreement legally recognized the role of San and Khoi traditional knowledge and introduced a levy to share profits from the $50 million-a-year rooibos industry. Yet research shows that white-owned companies […]
Namibia to Boost Sulphuric Acid Output as Critical Mineral Sector Grows
Namibia is ramping up sulphuric acid production to meet the demands of its growing critical minerals sector. Green Metals Refining will invest $59 million in the first phase of a Walvis Bay plant capable of producing 175,000 metric tons annually, with plans to scale output to 720,000 tons by 2027. Meanwhile, Vedanta plans to restart its Skorpion […]
Saudi Fund Invests $700 Million in Africa’s Industrial Sector
Saudi Arabia’s Vision Invest has entered Africa with a $700 million stake in ARISE Integrated Industrial Platforms (ARISE IIP), a deal ranked among the continent’s largest private infrastructure transactions. The investment will fuel ARISE’s development of “green, inclusive, and sustainable” industrial hubs, expanding beyond existing parks in Gabon, Benin, and Togo that already attract factories for wood, […]
Zambia Demands More Compensation from Chinese Miner Over Mine Spill
Zambia is pushing for greater compensation from Sino-Metals Leach Zambia after a toxic mine spill contaminated the Kafue River, a vital water source. The February disaster, triggered by a collapsed waste dam, released more hazardous material than initially reported—with an independent probe estimating the spill at 1.5 million tons of toxic waste, far exceeding the firm’s […]
