Daily brief
MTN Group has agreed to acquire full control of IHS Towers in a deal that values the African telecommunications infrastructure company at $6.2 billion. The transaction will see MTN, already a major shareholder, take over the remaining shares. The move is part of MTN's strategy to consolidate its tower assets across its key markets.
Zambia's state-owned mining investment firm, ZCCM-IH, is considering establishing its own metals trading unit to capture more value from the country's mineral resources.
An audit report has uncovered financial and operational irregularities in the management of Kenya Railways, raising concerns over governance at the state corporation.
Rwanda has signed a memorandum of understanding with the US artificial intelligence company Anthropic to explore AI applications in health, education, and public service delivery.
Kenya has launched a national carbon registry to enhance transparency and attract climate finance by tracking carbon credits generated within the country.
Egypt and Kenya have agreed to strengthen cooperation in industrial development and water management during high-level bilateral talks (ongoing coverage).