As it happens
Inaugurated on October 10, Ethiopia’s National Precious Metals Refinery coincides with gold’s rising importance for the nation of nearly 140 million people. According to the National Bank of Ethiopia, gold exports rose from $133.6 million in the fourth quarter (Q4) of 2023/24 to $1.29 billion in Q4 2024/25. Welcomed as Ethiopia’s first gold refinery, and …
With a renewed focus on diversification and digitalization, Equatorial Guinea is leveraging its resources to create inclusive, long-term growth. “Agro-processing is a key priority, as our goal is to ultimately achieve national self-sufficiency and independence.” President Teodoro Obiang Nguema Mbasogo Equatorial Guinea is entering a new phase in its economic story–one defined by diversification, competitiveness, and connection. …
Policy reforms, national capabilities, and coordinated institutions reinforce long-term growth across Equatorial Guinea. Q. How is your ministry advancing the national development agenda across key sectors such as agriculture, energy, and tourism, and what priorities guide your efforts to drive long-term economic growth and self-sufficiency? Hon. José Juan Ndong Tom Mekina, Minister of Agriculture, Livestock, Forestry, …
As Equatorial Guinea reshapes its position in the regional energy market, GEPetrol is steering the shift to secure production, attract reliable partners, and align upstream growth with long-term economic goals. “Our strategic vision is to develop projects that are sustainable in the long term, and that also revive the economy.” Bienvenido Nguema Envo, General Manager of GEPetrol In 2024, …
Liberia is emerging as one of West Africa’s most promising investment destinations, offering stability, reform-driven governance, abundant resources, a young workforce, and a growing market built on peace and long-term opportunity. Henry R. Saamoi, Executive Governor of the Central Bank of Liberia “Liberia offers a very stable political environment, with multiple peaceful elections and transfers of power that demonstrate the …
Processing 25,000 tons of natural rubber annually while advancing downstream manufacturing, community infrastructure, and environmental stewardship in Liberia. “I encourage people to invest in the agriculture sector because land is abundant here.” Dr Upjit Singh Sachdeva, CEO of Jeety Rubber LLC In the heart of Liberia’s Margibi County, Jeety Rubber LLC is reshaping the country’s rubber industry with a …
Connecting global investors to Equatorial Guinea, navigating regulations and alliances across multiple sectors. “It is important to us to provide international visibility to all the business opportunities that we have in the country.” Teresa Isabel Nnang Avomo, General Manager of Blackstone EG & Partners In Malabo’s business circles, Blackstone EG & Partners stands out as a confident …
Mozambique’s President shares how the country is opening its doors to global business, restoring investor confidence, and charting a path of diversification beyond oil and gas to build a stronger, more inclusive, and sustainable economy. “Investors can meet directly with the President through the Delivery Unit, which makes it easier to do business in a …
Along with the country’s bright and colorful scenery, the government is modernizing infrastructure and opening doors for financing and development. Penresa speaks to Cabo Verde’s key ministers to discuss the country’s growth, as well as education, and progress in digital systems and energy. Q: Could you outline your ministry’s role and how it contributes to Cabo Verde’s development? Dr …
Integrated financial services combining healthcare insurance, climate protection, salary advances, and mobile-based access nationwide. In a country where access to financial protection and basic services remains limited, Maximo is building systems designed to meet people where they are. The company’s work spans insurance, banking, and education, all shaped by the realities of everyday life in Mozambique. Its …
Licensed primary dealer directly facilitating public debt and market education. Driving securitization projects across Mozambique’s capital markets sector. “We’re helping the government cut interest costs and rethink how public debt is placed.” Joaquim Bazar, the founder and CEO of Amaramba Capital Dealer. In a country with vast untapped potential, Amaramba Capital Dealer (ACD) is reshaping the …
Managing port expansion, integrating rail corridors, and upgrading systems to streamline Southern Africa trade flow. DP World’s operations in Mozambique are undergoing one of the most transformative phases in the country’s logistics sector, led by an expansion of the Port of Maputo. DP World Maputo CEO Captain Sumeet Bhardwaj calls it “a game changer for the Southeast …
An island nation in the central Atlantic Ocean, Cabo Verde combines democratic stability with a strategic location and a globally connected population within a predictable business environment. “The nation’s greatest wealth lies in its democracy and the functioning of its rule of law,” says José Maria Neves, President of Cabo Verde. In just a five-hour flight from …
A nationwide push to upgrade ports, rail lines, roads, and public-private partnership (PPP) models is positioning the country as a central trade hub for southern Africa’s landlocked economies. Running one of the most strategic logistics networks in Southern Africa, Mozambique operates three deepwater corridors that move the region’s mineral output toward global markets and provide essential maritime access for several landlocked economies. …
Supplying flour, pasta, biscuits, animal feed, and bread to domestic and regional markets. MEREC Industries has grown from a trading business into Mozambique’s largest food processor, supplying flour, pasta, biscuits, animal feed, and bread to domestic and regional markets. Chairman Mhamud Charania, a mechanical engineer trained at the University of Toronto, moved to Mozambique in 1995 and began …
The country has re-emerged in 2026 as a more stable and investable market, combining macroeconomic recovery with targeted reforms that are reshaping how business operates. “Ghana offers access to a 420-million-person West African market and beyond through frameworks such as AfCFTA, with duty-free, quota-free trade opportunities.” – Simon Madjie, CEO, GIPC A coastal economy with …
From ports and railways to tourism, mining, and energy, the country is strengthening its role as a regional platform, connecting East and Central Africa to global markets, while accelerating industrialization. “The logistics opportunities are huge because Tanzania serves as a hub for several landlocked countries.” — Nqobile Ngwenya, Acting Group CEO of Bravo Group From …
Strategic partnerships and bold digital scaling have positioned KGL Group at the forefront of Ghana’s evolving technology and fintech landscape. “We always have an eye on the next technology; it drives what we do. We started with lottery, now we are a fintech company with millions of clients, and we keep investing heavily.” – Alex …
With nine decades of experience, ASAS Group takes the lead in building new markets and raising industry standards, focusing on steady and long-term growth. Rather than replicating existing models, the ASAS Group does things its own way. From an origin in trading and logistics in 1936, the family-owned company expanded into a diversified portfolio covering dairy and food …
As Group CEO, Dr Abdulmajid Nsekela is transforming CRDB into a regional financial platform advancing inclusion, partnerships, and sustainable economic growth. Across Africa’s fast-growing economies, financial institutions play an increasingly important role in shaping opportunity, enabling enterprise, and supporting long-term development. At the center of this transformation is Dr Abdulmajid Mussa Nsekela, Group CEO of CRDB Bank Plc. Under his leadership, CRDB …
