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Africa - Page 77

Kenya court nullifies $1.6 billion Safaricom Stake Sale

September 16, 2026

Kenya’s High Court has declared the government’s sale of a 15% stake in Safaricom Plc to Vodacom Group invalid and ordered the shares returned to state ownership. A three-judge bench ruled

Africa·News·Politics·Top Stories

DR Congo Police Disperse Protests over Proposed Constitutional Changes

September 16, 2026

Police in the Democratic Republic of Congo fired tear gas and warning shots on Tuesday to disperse opposition-led demonstrations against a proposed constitutional rewrite that critics say could allow President Felix Tshisekedi

Africa·Business News·Finance & Economy·News

ShafDB Receives Stellar Credit Ratings, To Address Africa’s Housing Crisis

Agusto & Co. Limited, Nigeria’s Credit Rating Agency, has assigned ‘A(ken)’ and ‘A+(ngr)’ ratings to Shelter Afrique Development Bank (ShafDB), to address Africa’s housing crisis and driving affordable housing demands and supply across the continent. The agency has also reaffirmed ‘A+(ngr)’ ratings

November 6, 2023

Diesel Price Drop Will Bring Down Nigeria’s inflation Rate – Dangote

Africa·Business News·Finance & Economy·News

Dangote Repatriates Over $576 Million From African Operations, Affirms Commitment

Dangote Industries Limited (DIL) has declared that it has repatriated a sum of over $576 million through Nigerian banks, further solidifying its commitment to Nigeria and its pan-African expansion. The company also revealed a cash swap arrangement of $111.97 million between Dangote

November 6, 2023

Africa·Business News·News·World News

New Social Contract Vital For Accelerating Sustainable Development In Africa, Says ECA

Claver Gatete, the newly appointed Executive Secretary of the Economic Commission for Africa (ECA), has stressed the importance of a new social contract to advance fair and equal opportunities for African citizens, during a meeting of experts and policymakers in Addis Ababa,

November 5, 2023

US Election 2024: Biden Wins Primary In Michigan, Amid ‘Uncommitted’ Votes Threat

Africa·Business News

Biden Seeks To Improve AGOA Trade Program Amid Controversy

During the US-Africa summit in Johannesburg, US Secretary of State Antony Blinken announced President Joe Biden's intention to enhance the African Growth and Opportunity Act (AGOA)

November 4, 2023

Africa·Business News·Finance & Economy·News

Tinubu Commends France For Returning $150m Abacha Loot

President Bola Tinubu has extended Nigeria’s appreciation to France for the return of $150 million, previously embezzled by former Head of State, Gen. Sani Abacha. This development was announced by Catherine Colonna, the Minister of Europe and Foreign Affairs of France, who

November 3, 2023

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Africa·Business News·Currency·News

Naira Trades Below N900/$1 At P2P, Spectators Lament

The Naira has orchestrated a comeback against the US dollar, creating waves across multiple markets. This represents a setback for currency speculators who had been betting against the Nigerian currency. For the first time since August 2023, the exchange rate has plummeted

November 3, 2023

Africa

Germany Seeks Forgiveness From Tanzania Over Colonial Crimes

In a bid to foster bilateral relationship with former colonies in Africa, Germany is officially seeking forgiveness from Tanzania for the injustice and crimes it committed during it Colonial rule.

November 2, 2023

Kenya's President William Ruto Announces Visa-Free Entry

Africa

No African Will Require Visa To Enter Kenya From 2024 – President Ruto

Kenyan President, William Ruto has disclosed that starting from next year, visa requirements will be waived for African nationals planning to visit his country, predicating this on the need to enhance trade relations with fellow African countries. He announced this significant development

October 30, 2023

Africa·Business News

Germany To Tackle Insecurity, Infrastructure, Others In ECOWAS With €81m

The government of Germany has pledged €81 million to the Economic Community of West African States (ECOWAS). The funding, aimed at addressing the region’s pressing concerns such as insecurity, infrastructure deficits, and climate change, was revealed by Omar Touray, the President of

October 30, 2023

Africa·Business News·Currency

Naira, Angolan Kwanza Worst Currencies In Sub Sahara Africa, Says World Bank

latest Africa Pulse report from the World Bank has declared the Nigerian Naira and the Angolan Kwanza as the worst-performing currencies in Sub-Saharan Africa this year.

October 30, 2023

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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

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

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

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

How Investments In Nigerian Pharmaceutical Shares Performed In Q1 2026

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Only one of five pharmaceutical firms listed on the Nigerian

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Africa - Page 77

Kenya court nullifies $1.6 billion Safaricom Stake Sale

DR Congo Police Disperse Protests over Proposed Constitutional Changes

ShafDB Receives Stellar Credit Ratings, To Address Africa’s Housing Crisis

Dangote Repatriates Over $576 Million From African Operations, Affirms Commitment

New Social Contract Vital For Accelerating Sustainable Development In Africa, Says ECA

Biden Seeks To Improve AGOA Trade Program Amid Controversy

Tinubu Commends France For Returning $150m Abacha Loot

Naira Trades Below N900/$1 At P2P, Spectators Lament

Germany Seeks Forgiveness From Tanzania Over Colonial Crimes

No African Will Require Visa To Enter Kenya From 2024 – President Ruto

Germany To Tackle Insecurity, Infrastructure, Others In ECOWAS With €81m

Naira, Angolan Kwanza Worst Currencies In Sub Sahara Africa, Says World Bank

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

Broken System, Broken Lives – Tinubu’s Toxic Legacy

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Deliver Votes or Be Sacked: The New Politics in Ebonyi

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Air Peace Disputes NCAA August Delay Figures, Cites External Disruptions

Kenya court nullifies $1.6 billion Safaricom Stake Sale

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Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Air Peace Disputes NCAA August Delay Figures, Cites External Disruptions

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Africa - Page 77

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