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Access Holdings assures shareholders of dividend resumption, cites

  • 11th June 2026

Dangote Refinery valued at $39.1bn in private placement

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AfCFTA targets $250bn intra-African trade volume in 2026

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Tag: Africa

Helth

US commits additional $20m to boost Ebola preparedness in Africa

The United States has announced an additional $20 million in funding to support Ebola preparedness efforts in four African countries as concerns mount over the worsening outbreak in the Democratic Republic of Congo. The funding was disclosed in a statement released on Wednesday, June 10, and published on the U.S. State Department website. The latest […]

Economy

Africa loses billions to corruption, recovers little, Kenyan envoy warns

African countries are losing billions of dollars annually to corruption while recovering only a small fraction of stolen assets, Kenyan High Commissioner to Nigeria, Ambassador Isaac Keen Parashina, has said, calling for stronger continental cooperation in tracking and recovering illicit funds. According to Vanguard he made the remark on Tuesday in Abuja during the maiden […]

Aviation

IATA cuts African airlines’ 2026 profit forecast to $100m

The International Air Transport Association has revised African airlines’ net profit forecast for 2026 to $100 million. The projection is contained in IATA’s Global Outlook for Air Transport – Energy in Crisis, released in June 2026 under its Sustainability and Economics outlook. The new estimate is lower than the $200 million net profit forecast issued […]

Aviation featured

Nigeria leads Africa in domestic aviation growth — Report

Nigeria’s aviation sector recorded Africa’s fastest domestic seat capacity growth in June 2026, with airlines increasing domestic capacity by 21.7 per cent year-on-year. The figures are contained in data released by OAG on the African aviation market for June 2026, based on scheduled flight capacity across carriers operating within the region during the month. Among […]

Helth

WHO, Africa CDC launch $518m Ebola response strategy

The Africa Centres for Disease Control and Prevention and the World Health Organization have unveiled a joint continental preparedness and response plan to combat the ongoing Ebola outbreak caused by the Bundibugyo virus strain. The six-month initiative, scheduled to run from June to November 2026, aims to mobilise $518 million to support African countries in […]

Housing

Rich Africans turn to real estate for wealth preservation — Report

Africans with investable assets of at least 50 million dollars are increasingly directing their wealth into real estate as part of efforts to preserve capital, diversify investment portfolios and generate long-term income, according to a new wealth report. Nairametrics reported that the report, released by Standard Bank, Africa’s largest lender by assets, shows that ultra-high-net-worth […]

Agribusiness featured

Cocoa price volatility threatens Africa’s farmers, group warns

The Cocoa and Coffee Farmers Alliance Association of Africa has identified persistent market volatility as one of the greatest obstacles to the sustainable development of Africa’s cocoa industry, warning that fluctuating prices continue to weaken farmers’ livelihoods and discourage investment throughout the value chain. The PUNCH reported that speaking ahead of the Cocoa and Coffee […]

Investment

AfDB commits $125m to boost African infrastructure investment

The African Development Bank is set to invest $125 million in the African Trade and Investment Development Insurance, a move that will make the continental lender the institution’s largest shareholder while strengthening efforts to attract greater private sector investment into infrastructure and development projects across Africa. The disclosure was made by AfDB President, Sidi Ould […]

Business

Dangote retains Africa’s most admired brand crown

Dangote Industries Limited has reinforced its standing as one of Africa’s most influential corporate brands after being named Africa’s Most Admired African Brand for the eighth consecutive year. The company also recorded another major achievement as its Group Chief Branding and Communications Officer, Anthony Chiejina, was listed among Africa’s 100 Most Influential Chief Marketing Officers. […]

Appointments

AfDB appoints Keyamo as African champion for $7bn aviation programme

The African Development Bank has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as the African champion for its newly unveiled Integrated Aviation Transformation Programme for Africa, a $7bn initiative aimed at repositioning the continent’s aviation industry. Nairametrics reported that, according to the letter of appointment on Wednesday, the appointment follows what it […]

Opinion

Africa can save $299bn annually via better investment efficiency — AfDB

The African Development Bank has stated that African countries could save as much as $299 billion annually through improved public investment efficiency while unlocking trillions of dollars in development financing through stronger reforms and better domestic resource mobilisation. Nairametrics reported that the disclosure was contained in the 2026 African Economic Outlook report released during the […]

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