Africa launches own credit agency in bid for cheaper borrowing
The African Union will launch the continent’s first credit rating agency on Wednesday, seeking to provide an alternative to the “big three” global ratings agencies.
7 Oct, 2026
Zambia, Nigeria, Ethiopia, Angola are better managed economically, World Bank says
The World Bank has raised Africa’s 2026 economic growth forecast to 4.3%, citing stronger performance across the region, and urged governments to embrace artificial intelligence to boost productivity.
6 Oct, 2026
African leaders gather in Egypt for trade forum
African heads of state and government and business leaders gathered in Egypt on Saturday for the inaugural Alamein Africa Forum, focusing on trade and investment.
3 Oct, 2026
Nigeria’s domestic gas supply surpasses 2 billion cubic feet per day, eyes further growth
Nigeria’s domestic gas supply has crossed 2 billion cubic feet per day (bcf/d), as the government pushes to expand supplies to power plants and industries and reduce constraints on economic growth.
3 Oct, 2026
EU suspends aid to Sierra Leone over allegations of shielding Dutch drug trafficker
What will Nigeria do with fresh $1.5 billion World Bank loan?
More than 20 African leaders expected to attend Egypt business summit
South African rand slips as US-Iran stalemate pushes oil prices higher
Botswana’s financial rating downgraded amid diamond slump
25 Sep, 2026
Qatar Airways lends pilots to Rwandan flag carrier as Iran war drags
A Qatar Airways spokesperson said the voluntary short-term secondment opportunity offered valuable flying opportunities for pilots.
25 Sep, 2026
Ethiopia, Djibouti and Dangote launch petroleum pipeline, storage
The 120-kilometre pipeline will connect Djibouti’s Damerjog port to Ethiopia, cutting fuel transport times and strengthening one of East Africa’s most important trade corridors.
22 Sep, 2026
Nigeria cuts interest rate by largest margin in nearly two decades
The Central Bank of Nigeria’s governor Olayemi Cardoso said the base rate of interest was now 23 percent, down from 26.5 percent previously.
18 Sep, 2026
‘Our refinery’: Africa’s biggest IPO prompts meme frenzy in Nigeria
Investors joke how owning a stake at Dangote refinery had made them co-owners, board members and business partners of Aliko Dangote himself.
17 Sep, 2026
Gambian businesses groan under prolonged blackouts
The outages which have sometimes lasted 12 to 48 hours have plunged those living in the deeply impoverished country into steaming darkness at night.
16 Sep, 2026
IMF confident of extending credit to Senegal
Senegal’s president and IMF chief have welcomed progress in talks and pledged to move quickly toward a new programme to support the West African country’s recovery.
16 Sep, 2026
Vodacom to appeal Kenya court ruling against Safaricom stake purchase
South Africa’s Vodacom plans to appeal a Kenyan court ruling that ordered the cancellation of the deal it completed earlier this year to buy an additional 15% stake in Kenya’s Safaricom.
15 Sep, 2026
Anthropic chief unveils three-step plan to slow AI race
After days of warnings from AI leaders, Anthropic CEO Dario Amodei unveils a plan to slow frontier AI and embed independent watchdogs inside leading developers.
14 Sep, 2026
From selling sweets to running Africa’s largest refinery, Dangote’s meteoric rise in business
More than half a century after launching his business career selling candy to classmates in northern Nigeria, serial entrepreneur Aliko Dangote launched the biggest stock market listing in Africa.
9 Sep, 2026
Somalia, Pakistan to strengthen cooperation in digitalisation
The two sides discussed linking national identification systems with government and financial services, secure data exchange and data protection.
