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Algeria is preparing to initiate a new oil exploration campaign in northern Niger, though the operation remains exposed to steep logistical, security, and financial hurdles with no current guarantee of commercial viability.

South Africa’s official unemployment rate climbed to 33.6 percent in the second quarter of 2026, leaving 8.5 million people without work.

This funding represents an increase of approximately 4%, compared to 2024, reflecting the strengthening of cooperation between Libreville and UN agencies around national development priorities.

The Senegalese government is taking steps to transform its traditional retail ecosystem through the launch of the national “Reference Shops” programme, unveiled on Tuesday, August 11, 2026, during a concept review and validation workshop in Dakar organized by the Ministry of Industry and Trade.

British International Investment, the United Kingdom’s development finance institution, has signed a Memorandum of Understanding with African infrastructure investor Africa50 to scale up funding for critical infrastructure projects across the continent.

Members of Parliament in Uganda were stunned after an internal audit report revealed that 10,446 vehicles could not be reconciled in toll records for the Kampala-Entebbe Expressway.

Reports suggest the presence of uranium in some cobalt hydroxide exports, a controversy arising amid strong global demand for this strategic mineral, used particularly in electric batteries.

With inflation edging down, tourism on the rise, and public finances less strained, the real economy remains mired in weak growth, anaemic investment, and unemployment that hits young people particularly hard.

The manufacturing plant in Reghaia, on the outskirts of Algiers, was confiscated as part of investigations targeting the former oligarchy.

The government intends to reconcile the financing of investments and social policies with the sustainability of public finances.