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Rwanda inks $800 million China-Africa infrastructure financing for Kigali lithium processing plant

Vaughn Hillyard Apr 30, 2026
Rwanda signed an $800 million deal with China to finance a lithium processing plant in Kigali as part of China’s 15th Five-Year Plan.
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US invests $750 million in South Africa’s rare earths mining project despite diplomatic…

Vaughn Hillyard Apr 30, 2026
The U.S. invested $50 million in South Africa's Phalaborwa Rare Earths Project to support critical mineral extraction amid diplomatic tensions.
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Kenya’s Safaricom M-Pesa Processes $15 Billion Transactions, Partners Flutterwave for Ghana…

Vaughn Hillyard Apr 30, 2026
Kenya’s Safaricom M-Pesa processes $15 billion in transactions, upgrades system, and partners with Flutterwave for Ghana cross-border payments.
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Morocco Attracts $2 Billion Chinese Investment in Copper Mines, Links to Rwanda AfCFTA Supply Chain

Vaughn Hillyard Apr 30, 2026
Chinese firm CNGR and Al Mada invest $2 billion in Morocco to develop battery materials, connecting mining to Rwanda's AfCFTA supply chain.
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Shoprite announces exit from Nigeria after 15 years, selling 26 stores to local buyers for $200…

Vaughn Hillyard Apr 30, 2026
Shoprite exited Nigeria after 15 years, selling 26 stores to local buyers for $200 million and shifting to a franchise model.
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Safaricom’s M-Pesa processes $45 billion in Kenya-Côte d’Ivoire cross-border remittances…

Vaughn Hillyard Apr 30, 2026
Safaricom’s M-Pesa processed $45 billion in Kenya-Côte d’Ivoire remittances under the AfCFTA pilot using PAPSS and regional partnerships.
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Morocco’s OCP Group Posts $3.5 Billion Earnings from Phosphate Exports, Funding $1.2 Billion…

Vaughn Hillyard Apr 29, 2026
Morocco’s OCP Group earned $3.5B from phosphate exports in 2024, funding a $1.2B Egypt-Morocco fertilizer plant under the China-Africa initiative.
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Morocco’s OCP Group Inks $900 Million Lithium Supply Pact with Tesla, Aiming for AfCFTA Battery…

Vaughn Hillyard Apr 29, 2026
Morocco’s OCP Group signed a $900 million lithium supply deal with Tesla to support battery manufacturing under the AfCFTA.
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Ghana’s Cocoa Board Sells 150,000 Tons at $4,200 Per Ton, Minister Joseph Boahen Aidoo Eyes…

Vaughn Hillyard Apr 28, 2026
Ghana's Cocoa Board denies selling 150,000 tons at $4,200/ton; Minister Boahen Aidoo focuses on China-Africa supply deals amid pricing challenges.
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MTN Nigeria Posts $1.8B Q1 Revenue, CEO Karl Toriola Highlights Fintech Growth via MoMo Platform

Vaughn Hillyard Apr 27, 2026
MTN Nigeria reported $1.8 billion Q1 2024 revenue, driven by fintech growth on its MoMo digital financial services platform.
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