African markets and business updates

Kenya, France sign 1 billion euro cooperation agreements in Nairobi Deals cover railways, energy, ports, aviation and digital transformation CMA C

Loulo-Gounkoto produced 80,000 ounces of gold in the first quarter of 2026. Barrick said the mine’s restart progressed faster than expected. The recovery could help lift Mali’s gold output after a sharp drop in 2025. <p class="textearticle"

Kenyan tea producer Gatanga Industries signed a deal with French tea retailer Palais des Thés. The partnership aims to promote Kenyan specialty tea in international markets

Angola’s youth unemployment rate stood at 43.6% in late 2025. Informal work accounted for nearly 79% of total employment nationwide. Econo

Nigerian airlines face mounting disruptions tied to soaring Jet A1 prices and fuel shortages. Carriers have reduced flights, delayed schedules and suspended some domestic routes. </

Aldoro Resources reported a major strontium discovery in Namibia. China still dominates global strontium production and refining. <p style="text-align: ju

Ecobank, AGRA sign MoUs to strengthen African agricultural value chains Deal provides tailored financing for farmers, cooperatives and agribusinesses <p s

Perenco added 6,000 barrels a day at its Tchibouela East field in Congo-Brazzaville. The company used advanced offshore drilling techniques to extend the life of the aging field.

DelAgua will distribute 10,000 free clean cookstoves in rural Uganda. The program relies on carbon credit revenue to fund the rollout. <stro

Spanish engineering company Sampol opened an office in Tangier. The company will use Morocco to oversee growth in African markets. European firms continue to target Africa’s renewable energy sector. <p class="textea