1. The Third African Forum on Cybercrime and Electronic Evidence was held in Nairobi, Kenya, from November 25th to 27th. The forum was jointly organized by the European Union and the European Commission's Office for Cybercrime, and hosted by the Kenyan government.
2. The French Development Agency agreed to provide a €300 million loan to South Africa's state-owned logistics group Transnet, the latest sign of strengthened ties between South Africa and Europe following tensions with the United States.
3. The United Nations World Food Programme predicts that 35 million people in Nigeria will suffer from severe hunger by 2026, as widespread attacks by various armed groups have prevented farmers from cultivating their land.
4. The African Development Bank has invested a total of US$213 million in an agricultural value chain project in Eastern Angola, with technical support from the Ottawa Global Adaptation Centre. The project covers crops including cassava, maize, beans, sorghum, soybeans, peanuts, cocoa, coffee, and palm oil. Solutions include seed improvement, water-saving irrigation, remote sensing, and early warning management.
5. The European Investment Bank plans to invest €2 billion in renewable energy projects in Africa over the next two years, primarily for hydropower, solar power, and wind power plants, as well as power transmission network upgrades. The main target countries are Cameroon, the Central African Republic, the Republic of Congo, Côte d'Ivoire, Ghana, Lesotho, Madagascar, Mozambique, and Somalia. It is projected to create 38 million green jobs by 2030.
6. The Canopy Trust has officially launched, raising $93 million so far, with a target of $1 billion by 2030. It will primarily support sustainable businesses and early-stage high-impact forest projects in the Congo Basin.
7. A solar revolution is underway in Africa, with Chinese-made solar equipment rapidly entering the continent. Algeria, Zambia, Rwanda, Senegal, Côte d'Ivoire, and Nigeria are experiencing rapid growth, with Nigeria showing the strongest momentum. Local market inventory is extremely scarce, and Chinese suppliers are gradually increasing their local stockpiles.
8. Pepkor, South Africa's largest prepaid clothing and mobile phone retailer, has received approval from South African authorities to establish a bank branch. With over 6,000 retail stores, Pepkor will sell mobile devices and provide financing services through these stores.
9. Zimbabwe's wheat harvest this year reached 640,000 tons, the highest in 60 years, far exceeding the country's annual demand of 360,000 tons.
10. France-based Africa Global Logistics Group has invested $43 million in Namibia's logistics industry to help the country achieve its first offshore oil production. Africa Global Logistics Group is Africa's largest multimodal logistics operator, employing 23,000 people in 50 countries.
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