Nigeria’s Dangote targets to raise $1.6 billion in stock market debut
Dangote Petroleum Refinery is aiming to raise funds to double its capacity to 1.4 million barrels a day, which would make it the world’s largest refinery.
5 Sep, 2026
South Africa data centers boom faces backlash amid water, power concerns
South Africa has invited tech companies to build digital infrastructure in the country, but campaigners have raised the alarm about the lack of transparency around the projects.
4 Sep, 2026
Uganda names its crude oil ‘Pearl Sweet’ ahead of first exports
Ugandan President Yoweri Museveni said the oil and gas resources will lead to economic transformation.
3 Sep, 2026
Africa’s first locally made sickle cell treatment raises hopes
Africa accounts for nearly 80 percent of all sickle cell disease cases yet the continent remains largely dependent on expensive medicines imported from abroad.
26 Aug, 2026
Ghana’s currency back under pressure, Uganda’s on front foot
Kenya triples its renewable energy target amid surge in demand
Nigeria’s President Tinubu courts diaspora capital for economic boost
South Africa top court blocks Shell offshore oil and gas exploration
South Korea to host African ministers for AI summit
12 Aug, 2026
Nigeria considers crude supply reforms to aid Dangote, other refiners
Nigeria is considering changes to crude allocation and pricing rules to improve feedstock access for its refiners.
7 Aug, 2026
Central African Republic opens probe into death of Swiss gold mining geologist
Swiss national Luca Maggini and his security detail were abducted and later killed while on a survey at a mining project.
7 Aug, 2026
Tanzania relaxes foreign exchange rules to all foreigners to buy government debt
The central bank said that the move was aimed at deepening domestic financial markets and promoting Tanzania as an investment destination.
6 Aug, 2026
African free trade agency taps Nigerian firm for $3.1 billion customs overhaul project
The African Continental Free Trade Area Secretariat has signed a 20-year, $3.1 billion concession agreement with Nigeria’s Bergmans Security Consultants and Supplies Ltd to roll out a continent-wide customs system.
5 Aug, 2026
Dangote considering listing refinery in South Africa after Nigeria
The Johannesburg Stock Exchange (JSE) has engaged with Nigeria’s Dangote Group and said the company could list its petroleum refinery in South Africa after a Nigerian IPO.
4 Aug, 2026
Nigeria approves $4.5 billion refinancing of oil-backed loan
The new facility, dubbed Project Gazelle 2, is expected to improve Nigeria’s financing structures, according to Finance minister Taiwo Oyedele.
3 Aug, 2026
Nigeria aims to move to market-based gas pricing within two years
Nigeria aims to replace regulated domestic natural gas pricing with a market-driven system within the next one to two years as infrastructure improves and competition deepens.
30 Jul, 2026
Zambian and Ghanaian currencies seen under pressure
The currencies of Zambia and Ghana are expected to weaken against the dollar next week, traders project.
29 Jul, 2026
Ethiopian Airlines revenue jumps 20% as passenger numbers increase
Africa’s biggest airline’s financial performance was affected by the conflict in the Middle East and the Ebola outbreak in DR Congo, state-run Ethiopia News Agency reports.
28 Jul, 2026
S&P Global acquires majority stake in Nigerian ratings firm
S&P Global said on Tuesday that it had acquired a majority stake in Lagos-based credit ratings agency Agusto & Co. to expand its presence in Africa’s domestic credit ratings market.
