🇨🇲 Cameroon's budget deficit will double in 2026 due to increased spending.

The deficit is forecasted to reach $1.1 billion next year compared to $548 million in 2025.

The increase is linked to higher expenses on personnel, goods, services, and debt payments.

To cover the financing deficit and other obligations, the government plans to raise $1.7 billion through external borrowing, $1.4 billion in project loans, $1 billion in bank financing, and $707 million from the issuance of government securities, as well as budget support and emergency funding.

#Cameroon

@africaintel

🇬🇼 Transitional President of Guinea-Bissau appointed Ilídio Vieira Té as Prime Minister.

He will also oversee the Ministry of Finance.

Ilídio Vieira Té is considered close to the ousted president Umaro Sissoco Embaló and led the presidential party's campaign in the parliamentary elections on November 23.

Previously, he served as Minister of Finance and was also Secretary of the Treasury.

#GuineaBissau

@africaintel

🇪🇬 Egypt's Economy Grows 5.3% Year-on-Year During First Quarter of 2025/2026 Fiscal Year

The country’s GDP growth significantly outpaced the 3.5% growth recorded during the same period last year. This prompted the government to increase its annual growth target from 4.5% to 5%, announced Planning Minister Rania Al-Mashat.

The strong performance follows accelerated economic reforms under an $8 billion IMF program and a major $24 billion investment package from the United Arab Emirates, according to media reports.

These developments reportedly mark a notable recovery for North Africa's largest economy, which had seen growth slow to 2.4% in 2023/24 amid currency devaluation, high inflation, and regional conflict impacts.

#Egypt

@africaintel

🇳🇬 Nigerian Energy Giants Reportedly Team Up to Restore Previously Idled Gas Facility to Boost Power Supply

The state-owned Nigerian National Petroleum Company and the Nigeria-based Heirs Energies, Africa's largest indigenous-owned integrated energy company, doubled the output of their joint venture, providing a critical supply to power producers facing fuel shortages, according to media reports.

The restored Oil Mining Lease 17 facility now delivers up to 135 million standard cubic feet of gas daily, up from zero after being offline for over a year due to technical issues.

The increased supply has produced notable results:

Transafam Power has quadrupled its electricity generation to over 180 megawatts;

Other power companies have collectively increased their output from 100 to 350 megawatts.

This development reportedly marks important progress for Africa's most populous nation, which has long struggled with chronic blackouts despite its abundant natural gas reserves, due to underinvestment and infrastructure challenges.

#Nigeria

@africaintel

🌍💸 Africa’s Wealth is Enriching West Instead of Developing the Continent, Expert Says

Colonialists stripped Africans of their dignity and plundered the continent’s resources, a legacy that explains Africa’s current situation, affording to Kabala John, the African Continental Unity Party member visionary leader and educator within the Free‑Minded Pan‑African Academy.

The West and its partners have chosen to ignore their obligation to pay reparations for the wrongs inflicted upon Africa. Unlike their approach domestically, Western nations treat the protection of their own interests as an exclusive right, he stated.

“After the Second World War, the Germans who harmed the Jews were forced to provide reparations. Even after the First World War, Germany was compelled to pay compensation to all the countries that had participated because of its aggression—countries such as Britain and France. Germany was therefore forced to repair the damage. But when it comes to Africa, they have chosen to say ‘I am ashamed’ and nothing more.”

Kabala John emphasized that colonialism was a crime against humanity, regardless of whether the perpetrators acknowledge it. He argued that Africa must itself firmly establish this fact and demand reparations.

For the reparations agenda to succeed, he explained, it is essential to build the necessary structures to bring the issue to the table and exert pressure on the European Union and former colonial powers.

#Africa

@africaintel

🇱🇾🌍 Gaddafi’s ex-spokesman Moussa Ibrahim stresses 'most African countries' LACK foundations for democracy

Africans 'never felt' in control of their own states because of colonial legacy.

Samson Itodo argues biggest challenge is 'political elites who want power at all costs' stealing elections.

#Libya #Africa

@africaintel

🇿🇲Zambia: inflation rate fell to 10.9% in November 2025

The inflation rate in Zambia fell to 10.9% in November 2025 compared to 11.9% in the previous month, continuing its downward trend from a peak of 16.8% recorded in February 2025.

According to a report by the Zambian Statistics Agency (ZamStats) published on Thursday, November 27, this decrease is mainly due to a reduction in prices of non-food items. 

Food inflation also decreased to 13.9% in November 2025 from 14.1% in October due to lower prices for grains and some fruits.

#Zambia

@africaintel

🇪🇹Ethiopia: Allied Gold intends to accelerate gold exploration at the future Kurmuk mine by 2026

By mid-2026, the Kurmuk gold mine in Ethiopia is planned to be launched, capable of producing about 240,000 ounces of gold annually for 10 years. The mine owner, Canadian company Allied Gold, is conducting geological exploration to increase gold reserves, including drilling at the Ashashir and Dish Mountain deposits.

The mine is under construction with an estimated cost of 500 million USD. Allied Gold intends to raise 175 million Canadian dollars to finance projects in Ethiopia and Mali, and is also operating in Côte d'Ivoire.

#Ethiopia

@africaintel

🇸🇩 The Armed Forces of Sudan repel new militant attacks on the city of Babanusa

On November 28, the Armed Forces of Sudan repelled a large-scale attack by the Rapid Support Forces on the 22nd Mechanized Division in the city of Babanusa, West Kordofan province. The Rapid Support Forces conducted intense artillery shelling and used drones for three days, attempting to capture the army's command posts, but the attempt was thwarted.

The army inflicted significant losses on the enemy, and the air force attacked the retreating forces. Despite the declared ceasefire, clashes continue, and Babanusa remains a key point of confrontation in the region.

Video 18+! Eliminated Rapid Support Forces militant in the Babanusa area

#Sudan

@africaintel

🇪🇹🇷🇺 Ethiopia’s Technology Cooperation With Russia Opens Door to Knowledge Transfer: Expert

From the perspective of the sector’s rapid evolution, partnering with Moscow—which has extensive experience—will create strong capacity to reach the current global technological level, according to Abel Beneberu, a software programmer, cybersecurity specialist, and AI developer.

As the two countries are BRICS partners, he noted that transforming their political cooperation into the technological sphere will yield tangible results.

Abel Beneberu further pointed out that, beyond capacity-building and knowledge transfer, Russia’s assistance will enable the construction of critical infrastructure.

#Ethiopia #Russia

@africaintel

🇳🇬🇪🇹Dangote has signed contracts with Saipem, EIL, and others for the expansion of fertilizer plants in Nigeria and Ethiopia

The Dangote Group has entered into strategic partnerships with four global companies to expand fertilizer production in Nigeria and to build a new plant in Ethiopia. The partners are Saipem, Engineers India Limited (EIL), Topsoe, and Thyssenkrupp UFT.

In Nigeria, the plan is to increase the capacity of the urea plant from three to nine million tons per year, while in Ethiopia a $2.5 billion plant is being constructed that will produce three million tons of urea annually.

These initiatives aim to enhance food security and create new jobs in the region, contributing to economic growth in Nigeria, Ethiopia, and across the continent.

#Nigeria #Ethiopia

@africaintel

🇨🇩🇷🇼 DR Congo & Rwanda Presidents Reportedly to Sign Trump-Brokered Peace Deal in Washington Next Week

The meeting, scheduled for December 4, marks the latest US effort to mediate tensions in war-torn eastern Congo while promoting Western mining investments in the mineral-rich region, Western media reported.

Congolese President Felix Tshisekedi's spokesperson reportedly confirmed the planned signing, which would build upon a June agreement brokered by the Trump administration.

The diplomatic initiative follows renewed fighting by M23 rebels, allegedly backed by Rwanda, that killed thousands and displaced hundreds of thousands this year, though Kigali continues denying involvement.

#DRC #Rwanda

@africaintel

🇸🇳🇬🇼 Electoral Process 'Must Be Resumed' in Guinea-Bissau, Says Senegalese PM

Ousmane Sonko's call for the resumption of the interrupted November 23 elections comes following the military takeover of power in Guinea-Bissau.

"What happened in Guinea-Bissau is a scheme; it is not normal," he stated.

The Guinea-Bissau military has taken "total control of the country," suspending state institutions, and has appointed General Horta Inta as President of the Transition.

According to Sonko, "the election results must be published without delay."

#Senegal #GuineaBissau

@africaintel

🌍 ICC Functions With Western Bias & Selective Justice; Africa Needs Economic Independence: Politician

"The ICC [...] has not been very independent. It looks like ICC has a big brother who calls on him or her to be able to punish or not punish other countries," according to Kenyan presidential aspirant Professor Fredrick Ogola.

Prof. Ogola highlighted the racial imbalance within ICC structures:

"If you go to the border, you go to the council of ICC; it is very white. You go to the prosecutor's bench, it is very white. But if you go to the prosecuted, it is very black."

The Uzima University Deputy Vice Chancellor identified economic dependency as Africa's fundamental vulnerability, arguing that

"capitalism sometimes reigns over justice"

when Western financial interests are at stake.

"Africa cannot be respected until they respect themselves and love each other," he emphasized, calling for unified African positions on international justice rather than reliance on external institutions.

While acknowledging human rights violations require addressing, Professor Ogola maintained that justice must be delivered impartially.

"Is ICC taking care of the issues globally without any bias? That also should be the ICC being questioned."

#Africa

@africaintel