Africa’s economic and geopolitical landscape saw major developments this week, from infrastructure financing and energy innovation to rising security concerns and climate-focused investments. Here’s a compact, fact-based continental brief.
🏦 Business & Macro
🇰🇪 Kenya
Kenya Electricity Transmission Company (KETRACO) has relaunched its public-private partnership (PPP) transmission line initiative after a previous deal with Adani Group was cancelled. The new plan involves constructing four major lines and seeks to raise $380 million from development banks and private investors ESI Africa Kenyans.co.ke.
🇳🇬 Nigeria
Nigeria signed a $400 million strategic cooperation agreement with Stellar Steel Company Ltd, a subsidiary of China’s Inner Galaxy Group, to build a 10-million-ton integrated steel plant in Ewekoro, Ogun State. The project is expected to create 2,000 direct and 20,000 indirect jobs and reduce Nigeria’s $4 billion annual steel import bill ZAWYA Ecofin Agency.
☀️ Climate & Energy
🇳🇦 Namibia
Namibia commissioned its first solar wheeling project under the national grid framework. The 10MW Maxwell Solar Plant, developed by Sustainable Power Solutions, will supply clean energy to B2Gold’s Otjikoto mine. The project supports B2Gold’s goal of 30% emissions reduction by 2030 Green Building Africa wattsupafrica.com.
🇳🇬 Nigeria
Oando PLC reported a 164% year-on-year increase in profit after tax, reaching $145 million for the nine months ending September 2025. The surge was driven by higher production volumes and gains from its acquisition of NAOC assets Billionaires.Africa Oando PLC.
🌍 Geopolitics & Policy
🇸🇩 Sudan
A bipartisan group of U.S. senators from the Foreign Relations Committee has urged the designation of Sudan’s Rapid Support Forces (RSF) as a Foreign Terrorist Organization, citing atrocities in Darfur, including the killing of over 400 civilians in El-Fasher. The senators described RSF’s actions as “genocide” and called for urgent international accountability The Standard United States Senate Committee on Foreign Relations.
💼 Tech & Deals
🇦🇴 Angola
Angola’s oil and gas regulator ANPG will sign an exclusive agreement with Shell on 3 November 2025 to explore and develop Blocks 19, 34, 35, and ultra-deepwater assets. This marks Shell’s return to Angola after two decades and aligns with the country’s push to maintain production above 1 million barrels/day BOE Report Business Insider Africa.
🌍 Continental
Novastar Ventures’ Africa People and Planet Fund III secured a $40 million equity investment from the Green Climate Fund. The $200 million fund targets early-stage African startups focused on climate resilience, clean technologies, and inclusive growth. The GCF’s backing aims to catalyze broader private investment across key markets including Kenya, Nigeria, and South Africa launchbaseafrica.com startupresearcher.com.
Sources: ESI Africa, Zawya, Green Building Africa, Billionaires Africa, Standard Media, BOE Report, Launch Base Africa.
