Will Interpol’s Serengeti 2.0 crackdown change the cybercrime game in Africa?
Interpol’s June to August operation in Angola, Zambia and Ivory Coast leads to the recovery of over $97.4 million. Sleuths from 18 countries in Africa worked with UK investigators to tackle scams cutting across inheritance scams, ransomware and compromise emails tailored to swindle businesses. In...
Africa’s $100B investments boom as oil projects open in Nigeria, Angola and Uganda
Africa is set to add 1.2 million barrels per day of new refining capacity by 2030 – driven by landmark projects across Nigeria, Angola and Uganda. These investments will pave the way for a $100 billion investment window, offering a new phase of growth in...
Unlocking Value: Africa’s rise as a hub for mineral processing
Mineral processing firm Buenassa in the DRC is developing the country’s first integrated copper and cobalt refinery. In Mali, Russia’s Yadran Group and a Swiss investor are collaborating with the government in a deal to process up to 200 tonnes of gold per year. In...
African leaders call for U.S. tariff reforms, investment-led ties
“It is time to replace the logic of aid with the logic of investment and trade,” says Angolan President João Lourenço. “We should review the high tariffs on African countries. What is needed is more trade between Africa and the U.S., not less,” said AfDB...
Marriott and Hilton growth blueprint signals new era of Africa’s hospitality industry
Marriott unveils plans to add more than 50 hotels and 9,000 rooms by the end of 2027. Hilton seeks to triple its African portfolio to more than 160 hotels, opening over 100 new hotels in the coming years and creating approximately 18,000 jobs. Job creation,...
Angola opens energy frontier to U.S. investors in renewables and minerals
US investors are now eyeing new frontiers—ranging from gas monetization and mineral development to solar and green hydrogen investments in Angola. Luanda has unveiled over $60 billion in oil and gas investment prospects through its National Oil, Gas and Biofuels Agency. These investments span exploration,...
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