Dangote Refinery Targets Record $5 Billion IPO to Fuel Africa’s Energy Ambitions
Nigeria’s Dangote Petroleum Refinery is preparing for what could become Africa’s largest-ever stock market listing, with plans to raise approximately…
Ethiopia Unveils $12.5 Billion Airport Vision Set to Transform Africa’s Aviation Landscape
Ethiopia is investing $12.5 billion in a massive airport project that could reshape Africa’s aviation sector and position Addis Ababa…
MTN Retains Africa’s Most Valuable Brand as Continent’s Top 200 Brands Reach $62.6 Billion
Africa’s leading brands continue to strengthen their global presence, with the combined value of the continent’s top 200 brands rising…
Rwanda and Kenya Sign Landmark Fuel Import Deal to Strengthen Energy Security
Rwanda and Kenya have signed a landmark memorandum of understanding (MoU) that will enable Rwanda to import refined petroleum products…
Japanese Yen Hits Lowest Level Since 1986 as Dollar Holds Near 13-Month High
The U.S. dollar edged lower on Tuesday but remained close to a 13-month high, while the Japanese yen weakened to…
Nigeria and RwandAir Launch Strategic Air Cargo Corridor to Accelerate African Trade
Nigeria has officially launched the Nigeria–East and Southern Africa Air Cargo Corridor in partnership with RwandAir, opening a new chapter…
Dangote Refinery Seeks $1 Billion Ahead of Planned Stock Market Listing
The Dangote Petroleum Refinery is seeking to raise $1 billion through a private placement as it prepares for a planned…
Rwanda Stock Exchange Lists BRD Bond After Strong Investor Demand
The Rwanda Stock Exchange has officially listed the third issuance of the Development Bank of Rwanda (BRD) Sustainability-Linked Bond (SLB),…
RURA sanctions CanalBox over prolonged internet disruptions after customer complaints
The Rwanda Utilities Regulatory Authority (RURA) has sanctioned internet service provider GVA Rwanda Ltd, commonly known as CanalBox, following days…
Middle East crisis may cut Africa’s 2026 growth by 0.2%, AfDB warns
The ongoing crisis in the Middle East could reduce Africa’s economic growth by 0.2 percent in 2026, according to a…
