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News - Page 32

Africa·FEATURES·Finance & Economy·Oil & Gas

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

October 1, 2026

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

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

October 1, 2026

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.

Business News·News·Transport·World News

Air India Appoints Ex-Ethiopian Airlines Chief Tewolde to Lead Turnaround

Air India has appointed former Ethiopian Airlines chief executive Tewolde Gebremariam as its new Chief Executive Officer and Managing Director, as the Tata Group-owned carrier seeks to accelerate its turnaround amid record losses, operational challenges and heightened regulatory scrutiny. The appointment

August 6, 2026

News·Politics·Top Stories

‘Deeply Embarrassed by the Timing’ : Tinubu Orders EFCC to Reverse Osun Account Freeze

President Bola Ahmed Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to return to court and seek the lifting of the order freezing the accounts of the Osun State Government, while discontinuing all related actions, Prime Business Africa reports. The

August 6, 2026

Health·News·Top Stories·World News

U.S. Boosts Ebola Response Funding in DR Congo as Outbreak Becomes Second Largest on Record

The United States has announced an additional $242 million in funding to support the Ebola response in eastern Democratic Republic of Congo (DRC), nearly doubling its financial commitment as health authorities battle one of the largest outbreaks of the disease ever recorded.

August 6, 2026

News·Security·Top Stories

Nigerian Army offers cash reward for information leading to arrest of top ISWAP leaders

The Nigerian Army has announced a cash reward for credible information leading to the arrest of Abu Musa Al-Mangawi Baa Shuwa, the alleged leader of the Islamic State West Africa Province (ISWAP), as the military intensifies efforts to dismantle the group’s leadership

August 6, 2026

Business News·News·World News

Why Morocco Named $1 Billion Highway After Trump

Morocco’s decision to name its newly completed $1 billion, 1,055-kilometre Tiznit-Dakhla Expressway after U.S. President Donald Trump is more than a symbolic gesture. It reinforces Rabat’s campaign to secure international recognition of its sovereignty over the disputed Western Sahara, one of Africa’s

August 6, 2026

Africa·News·Top Stories

South Africa Opposes Isolation Over Migration, Seeks Africa-Wide Response

South Africa has renewed its call for the African Union (AU) to convene a continent-wide conference on migration, arguing that rising migration pressures and anti-migrant sentiment require a coordinated African response rather than scrutiny of individual countries, Prime Business Africa reports.

August 5, 2026

Africa·News·Politics·Top Stories

Biya Reshuffles Cameroon Military Leadership as Prolonged Absence Fuels Succession Concerns

Cameroon’s President Paul Biya has approved a major shake-up of the country’s military command structure, promoting senior officers and replacing commanders in key formations as his extended absence from public view raises fresh concerns over governance, political stability and succession, Prime Business

August 5, 2026

News·Oil & Gas·Top Stories

Dangote Refinery Targets Record $5bn IPO to Drive African Expansion

Dangote Petroleum Refinery is preparing what could become Africa’s largest-ever initial public offering (IPO), seeking to raise about $5 billion in a share sale expected to be completed in October to finance expansion and strengthen the continent’s refining capacity. Sources familiar with

August 5, 2026

Health·News·Top Stories

FG, NARD Reach Agreement to Avert Nationwide Doctors’ Strike

The Federal Government and the Nigerian Association of Resident Doctors (NARD) have reached an agreement to address the issues that prompted the association’s planned nationwide strike, following a high-level meeting convened by the Chief of Staff to the President, Femi Gbajabiamila, Prime

August 5, 2026

News·Top Stories·World News

World Bank Sees AI as Growth Catalyst for Developing Economies, Warns of Digital Divide

Artificial intelligence could help developing economies accelerate growth and improve public services, but countries that fail to invest in digital infrastructure, skills and reliable power supply risk being left behind, the World Bank has warned. The warning was contained in the

August 5, 2026

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

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

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News - Page 32

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

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Air India Appoints Ex-Ethiopian Airlines Chief Tewolde to Lead Turnaround

‘Deeply Embarrassed by the Timing’ : Tinubu Orders EFCC to Reverse Osun Account Freeze

U.S. Boosts Ebola Response Funding in DR Congo as Outbreak Becomes Second Largest on Record

Nigerian Army offers cash reward for information leading to arrest of top ISWAP leaders

Why Morocco Named $1 Billion Highway After Trump

South Africa Opposes Isolation Over Migration, Seeks Africa-Wide Response

Biya Reshuffles Cameroon Military Leadership as Prolonged Absence Fuels Succession Concerns

Dangote Refinery Targets Record $5bn IPO to Drive African Expansion

FG, NARD Reach Agreement to Avert Nationwide Doctors’ Strike

World Bank Sees AI as Growth Catalyst for Developing Economies, Warns of Digital Divide

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

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

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

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

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

Community Leaders, Scholars Applaud Egbin Power’s Scholarship Programme … Describe Initiative as Impactful

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