Monday , October 26 2026

Projects

Africa’s Biggest Battery Reaches Financial Close in South Africa

Globeleq has reached commercial and financial close on its 153 MW/612 MWh Red Sands battery energy storage system (BESS) in South Africa’s Northern Cape, in what is being described as Africa’s biggest standalone battery project to reach commercial close. The renewables developer, owned by the development finance institutions of the …

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MITHRA Metals advances strategic nickel laterite initiative in Ethiopia

MITHRA Metals Holding, a private investment firm headquartered in Abu Dhabi Global Market, has announced the advancement of a strategic nickel laterite initiative in Southern Ethiopia, expanding its critical minerals portfolio across Africa and Middle East. The initiative is being advanced through a majority-controlled Ethiopian subsidiary holding exploration licences issued …

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AfDB launch tracker to monitor Africa’s electricity access drive

The African Development Bank Group launched a Mission 300 Progress Tracker, at the African Development Bank Group’s 2026 Annual Meetings in Brazzaville, Congo. According to the financial institution, the public digital platform provides real-time data on electricity access across Africa, it offers project-level visibility into Mission 300 supported operations, enabling …

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South Sudan’s Central Equatoria Looks to Ethiopia for Investment Lessons

The Governor of Central Equatoria State, Emmanuel Adil Anthony, has returned to Juba following a working visit to Addis Ababa aimed at attracting foreign investment to South Sudan’s most populous state and drawing lessons from Ethiopia’s development model. Anthony and his delegation travelled to the Ethiopian capital to promote the …

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Turkey is building an African empire and it Starts with Somalia and Niger

Over the past year, Turkey’s strategic footprint in Africa has expanded dramatically, with the country moving simultaneously to lock in economic, military and energy advantages across the Horn of Africa and the Sahel, which is a calculated positioning that is reshaping geopolitical competition on the continent. In Somalia, Turkey has …

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Kenya Opens $62 Billion Rare Earth Frontier to Global Competition

The Kenyan government has officially invited international bids for the development of the Mrima Hill mineral deposit in Kwale County, an asset currently valued at approximately $62.4 billion. This move marks a significant escalation in Kenya’s efforts to position itself as a key player in the global critical minerals market, …

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Tanzania Opens Its Doors to Chinese Capital Across Key Growth Sectors

The Tanzanian government is actively courting Chinese investment across its industrial, mining, agricultural and renewable energy sectors, with Minister for Industry and Trade Judith Kapinga making a direct appeal to business leaders during a visit to Hangzhou, China. Kapinga pointed to Tanzania’s market of 64 million people and its gateway …

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Tanzania’s Untapped Jewel Box

Deep in Tanzania’s Ruvuma Region, the Tunduru District quietly holds one of East Africa’s most extraordinary concentrations of gemstones and precious minerals, yet it remains largely off the radar of the global mining mainstream. The district’s alluvial deposits yield an unusually diverse array of high-value stones: vividly coloured sapphires and …

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Qatar’s firm seeks to invest in Tanzanian mining, energy, agriculture sectors

DAR ES SALAAM: A Qatar-based company, Future Union, has expressed interest in investing in Tanzania’s mining, energy, and agriculture sectors. The company showed interest in a discussion between a delegation from the company and the Tanzania Investment and Special Economic Zones Authority (TISEZA) in Dar es Salaam. The delegation was accompanied …

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Venezuela, Africa deepen bilateral oil and gas ties

The African Energy Chamber (AEC) will lead a high-level delegation to the Bolivarian Republic of Venezuela on 22 to 26 February 2026 to deepen bilateral oil and gas ties between Venezuela and Africa. As an honorary member of the African Petroleum Producers Organization, Venezuela has consistently supported Africa in its …

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