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Nigerian🇳🇬 startup Jiji buys Bangladesh’s biggest classifieds platform in rare African tech expansion into Asia Jiji has acquired Bikroy, Bangladesh’s largest online classifieds marketplace, in a deal that marks one of the clearest signs yet that African tech companies are beginning to expand aggressively beyond the continent.

Huayou Cobalt is acquiring Atlantic Lithium for $210 million, furthering China's🇨🇳 presence in Africa's critical minerals sector. The deal reflects Beijing's strategy to secure battery metals crucial for the global energy transition. Atlantic Lithium's Ewoyaa project in Ghana🇬🇭 and exploration assets in Côte d’Ivoire are considered emerging supply sources for lithium in West Africa. For Atlantic Lithium, the acquisition offers stability amid price volatility and development complexities, with major shareholder support.

Africa is becoming central to the global gold rush, with higher bullion prices boosting its bargaining power and attracting international mining investments. Gold prices have surged, reaching over $4,700 per ounce in May 2026, with forecasts estimating up to $6,300 per ounce by year-end. Africa’s gold reserves and production are rising sharply; gold now makes up 17% of African central bank reserves, and production surpassed 700 tonnes in 2025. African governments are leveraging the rally to secure higher state stakes and local benefits from gold mining, as the continent’s influence in the global precious metals market grows.