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Africa - Page 3

Dangote Refinery IPO to Be Extended by 10 Days to Attract African Investors

October 12, 2026

The initial public offering (IPO) of Nigerian billionaire Aliko Dangote’s oil refinery will be extended by 10 days to allow investors from other African countries to participate, a company executive and an

Africa·Business News·Top Stories

AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

October 12, 2026

African Energy Week (AEW) 2026 opened in Cape Town on Monday, bringing together government officials, energy companies, investors and project developers to explore opportunities for financing and developing Africa’s energy resources.

Africa·News·Top Stories

Ethiopia Reasserts Nile, Red Sea Interests as Horn Tensions Escalate

Ethiopia on Monday reaffirmed its interests in the Nile and Red Sea, saying its geographic and historical ties to the two waterways could not be altered by political pressure, coercion or destabilisation. The statement by Ethiopia’s Ministry of Foreign Affairs came

October 5, 2026

States' Allocation To Increase By 69% In 2024, Yet Borrowing Persists

Africa·Finance & Economy·News·Top Stories

Kenya’s $12.5 Billion Funding Gap Deepens Borrowing Pressure

Kenya is facing growing pressure from higher financing costs as limited access to concessional funding forces developing economies to rely more heavily on expensive sources of capital, according to a report by ONE Data, supported by the Rockefeller Foundation. The report,

October 5, 2026

Africa·FEATURES·Oil & Gas

Transparency Questions Cloud Dangote’s $16bn Lamu Refinery Project

A $16 billion oil refinery planned by Nigerian billionaire Aliko Dangote in Kenya is facing growing scrutiny over ownership, government commitments and transparency, days after construction formally began. Dangote and Kenyan President William Ruto broke ground on the proposed refinery in

October 4, 2026

Africa·News·Top Stories

Egypt Uses AU Summit to Push Trade, Investment Across Africa

Egyptian President Abdel Fattah El-Sisi used an African Union summit in Egypt to push for faster continental economic integration, holding talks with South African President Cyril Ramaphosa and other African leaders on expanding trade, investment and development cooperation on Sunday, Oct. 4,

October 4, 2026

Africa·News·Security

AU Steps Into Ethiopia-Eritrea-Egypt Tensions as Regional Risks Mount

The African Union has stepped into mounting tensions between Ethiopia, Eritrea and Egypt, urging the three countries to exercise restraint as a diplomatic crisis unfolds alongside renewed fighting in northern Ethiopia. The AU Commission said it was following the deterioration in

October 3, 2026

Africa·News·Top Stories

Kenya Moves to Unify Border Security With Expanded Intelligence Sharing

Kenya is proposing tighter coordination and intelligence sharing at its borders as the East African trade and transport hub seeks to strengthen oversight of people and goods moving through its land, air and maritime entry points, Prime Business Africa reports. The proposed

October 3, 2026

Africa·News·Top Stories

Nigeria’s Dangut Takes Helm of WAEC as Regional Exam Body Expands Digital Testing

Nigerian examination administrator Amos Josiah Dangut has assumed office as Registrar and Chief Executive Officer of the West African Examinations Council (WAEC), becoming the 14th head of the regional examination body responsible for examinations and certification across five West African countries.

October 2, 2026

Africa·News·Top Stories

Kenya’s Public Universities Hit by Nationwide Strike as CBA Talks Collapse

Lecturers and other staff at Kenya’s public universities began a nationwide strike on Friday after unions rejected a proposed pay deal and talks on a new four-year collective bargaining agreement (CBA) broke down, Prime Business Africa reports. The strike involves members

October 2, 2026

Africa·FEATURES·Finance & Economy·Oil & Gas

Dangote’s $16 Billion Kenya Refinery Faces Scrutiny over Undisclosed Government Commitments

The launch of Dangote’s planned $16 billion refinery in Kenya has intensified scrutiny over the terms of the project, with lawmakers demanding access to an agreement they say sets out Kenya’s commitments but has not been made available to Parliament. Nairobi Senator

October 1, 2026

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

Africa·Business News·Top Stories

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Kenya’s private sector faces higher costs and uncertainty from multiple taxes, regulatory hurdles and bribery, the World Bank said on Thursday, warning that the constraints are weighing on investment and business growth. While Kenya’s corporate income tax rate is broadly in line

October 1, 2026

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

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Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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Africa - Page 3

Dangote Refinery IPO to Be Extended by 10 Days to Attract African Investors

AEW Opens in Cape Town as Africa Seeks Investment for Energy Projects

Ethiopia Reasserts Nile, Red Sea Interests as Horn Tensions Escalate

Kenya’s $12.5 Billion Funding Gap Deepens Borrowing Pressure

Transparency Questions Cloud Dangote’s $16bn Lamu Refinery Project

Egypt Uses AU Summit to Push Trade, Investment Across Africa

AU Steps Into Ethiopia-Eritrea-Egypt Tensions as Regional Risks Mount

Kenya Moves to Unify Border Security With Expanded Intelligence Sharing

Nigeria’s Dangut Takes Helm of WAEC as Regional Exam Body Expands Digital Testing

Kenya’s Public Universities Hit by Nationwide Strike as CBA Talks Collapse

Dangote’s $16 Billion Kenya Refinery Faces Scrutiny over Undisclosed Government Commitments

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

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Africa - Page 3

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