Africa

RABAT, Morocco, July 9, 2026/APO Group/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) approved €205 million in financing for Morocco to support the implementation of the Rail Infrastructure Development Support Project (PADIF) on 8 July. The operation aims to strengthen the capacity and operational performance of the Kenitra–Marrakech railway corridor,…

JOHANNESBURG, South Africa, July 9, 2026/APO Group/ — Nigerian integrated energy company Renaissance Africa Energy (Renaissance) has announced a new oil discovery at the JK-004 exploration well in Oil Mining Lease (OML) 74, offshore Nigeria. The discovery marks another milestone for indigenous participation in the country’s upstream sector and supports Nigeria’s strategy to expand crude…

BANJUL, The Gambia, July 9, 2026/APO Group/ — In The Gambia, a visit to the clinic for HIV services is no longer just one step in a long process: clients now experience bespoke, integrated delivery of care. At the heart of this shift is differentiated service delivery, led by the Ministry of Health with support from…

LUANDA, Angola, July 9, 2026/APO Group/ — The Institute for the Management of State Assets and Holdings (IGAPE) (https://IGAPE.MinFin.Gov.ao), acting as the selling shareholder, launched the Initial Public Offering (IPO) of a 15% stake in UNITEL, marking one of the largest capital market transactions ever undertaken in Angola. The transaction comprises the sale of 7,500,000…

CAIRO, Egypt, July 9, 2026/APO Group/ — The Bank of Central African States (BEAC) has officially joined the Pan-African Payment and Settlement System (PAPSS), marking a significant step in strengthening Africa’s cross-border payment infrastructure and opening a new chapter for financial integration in Central Africa while driving greater intra-African trade. As one of only two regional…