Markets
First Quantum (TSX: FM) is betting $1.25B on Kansanshi’s S3 to replace lost Panama output and anchor Zambia’s 3 Mt copper goal. Success could reprice Zambia’s Eurobonds and shift global supply chains, but execution and policy risks loom.
Markets
TotalEnergies (TTE) exits OML 118 in a $510m deal, handing Shell (SHEL) & Eni (ENI) more oil and up to $1–2bn in future liabilities. Nigeria pumps 1.45mbpd vs 1.8mbpd OPEC quota; any 40–50kbpd uplift could add $1.2–1.5bn yearly at Brent $84/bbl.
Markets
Angola eyes 17.5m carats by 2027, a $600m-carat Luele mine, and Pensana’s (LSE: PRE) 20–40ktpa rare earths (~5% global share). With Lobito Corridor aiming 1.5mtpa copper flows, sovereign Eurobonds (8.25% 2029, ~12% yield) could tighten if execution delivers.
Markets
Standard Chartered (LSE: STAN; LUSE: SCBL) has shortlisted bidders for its Zambia retail arm, a move that could reshape Lusaka’s banking scene. With Zanaco, Absa (JSE: ABG), and Access (NGX: ACCESSCORP) circling, investors await the price tag.
Markets
China Mobile (0941.HK) is pushing iSolutions, a one-stop enterprise digital bundle built on its subsea cables and global PoPs. Can a telco challenge hyper-scalers like AMZN, MSFT, GOOGL, and 9988.HK? Execution, regulation, and margin pressure will decide if this pivot is disruption or branding.
Markets
China Gezhouba’s 60MW floating solar plant is more than a pilot—it pits FPV economics against Indonesia’s coal incumbents. If tariffs hold and scale follows, global solar suppliers (JKS, CSIQ, 601012.SS) and IDX contractors stand to gain, while ADRO.JK and PTBA.JK face demand erosion.
Markets
Ollo Africa, now Togo’s first fintech with a BCEAO regional banking license, can scale from 8M to over 150M customers across WAEMU. The move raises investor hopes for a valuation leap, but execution risks—credit, liquidity, and compliance—will determine if this is a breakout or a cautionary tale.
Markets
The LSE suffers another blow as PHLL delists, exposing how London discounts complexity and why sponsors like Goldman prefer private ownership to public patience.
Markets
Ignoring Africa’s $40B annual productivity loss from untreated mental illness is no longer viable. Investors tracking NPN, SBK, EQTY, and GTCO may find the next growth edge is cognitive resilience, not commodities.
Markets
Ethiopia’s $1B Eurobond trades near 92c, but Ghana’s yields once hit 30%+ and Zambia bonds linger at 50–60c. With $33B debt unsustainable, Addis now stands as a bellwether for Africa’s sovereign risk and frontier market contagion.
Markets
Kuwait’s KD250m five-year floater at base+62.5 bps signals a rebuilt domestic curve and clean carry for banks (KFH.KW, NBK.KW, BOUBYAN.KW, GBK.KW, ABK.KW). With debt ultra-low and policy easing, steady issuance should compress term premia ahead of likely external prints into 2026.
Markets
Platinum’s 2025 surge is a repricing of scarcity: three straight deficits, cautious South African supply, and palladium-to-platinum substitution. The setup favors disciplined miners and metal ETFs as platinum narrows its historic discount to gold while early hydrogen demand gathers pace.