Starsight Energy Africa has secured $15 million in mezzanine financing from British International Investment. The funds will support the company’s expansion in West Africa, with a focus on Nigeria.

African startups raised more than $272 million in February 2026, according to Africa: The Big Deal. Funding increased 56% from January, signaling a rebound in tech investment. Six companies captured ...

Algeria is preparing a new licensing round, Algeria Bid Round 2026, for oil and gas exploration blocks. The tender will be organized by ALNAFT, the agency responsible for promoting upstream investment ...

Cameroonian official Éric Kouaghu Tchuisseu has been appointed secretary general of the regional insurance regulator CIMA. He will take office on April 1 in Libreville, succeeding Blaise Abel Ezo’o ...

Rwanda says it will withdraw Mozambique troops without sustained funding Kigali says mission costs far exceed current EU support Rwandan forces deployed since 2021 against Cabo Delgado insurgency ...

The World Bank has approved a $250 million program to support access to finance for SMEs in Niger. Around 7,500 micro, small and medium-sized enterprises are expected to benefit. The initiative aims ...

Perseus Mining to sell Sudan gold project stake for $260 million Sale follows project delays caused by Sudan conflict Company shifts focus to core gold mines in West Africa Australian gold miner ...

Energean has agreed to acquire stakes in two offshore Angolan oil blocks from Chevron. The deal includes 31% in Block 14 and 15.5% in Block 14K. The transaction is valued at $260 million upfront and ...

S&P Global Ratings downgraded Botswana’s sovereign rating from BBB to BBB- with a negative outlook on March 13, leaving the country one notch above speculative grade. The diamond sector—historically ...

KCB Group plans to acquire a stake in an Ethiopian bank as part of its expansion strategy. The investment depends on regulatory approval in Ethiopia’s evolving banking framework. The Kenyan lender ...

DR Congo moves to update studies for 6,450-MW Pioka-Tombe dam Talks held with Italian firm Electroconsult to relaunch project Cross-border project could help ease Kinshasa’s electricity deficit The ...

Australian miner South32 placed the Mozal aluminium smelter in maintenance on March 16, 2026, after its electricity supply contract expired. Negotiations with the Mozambican government, Eskom and ...