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…
Africa
Africa mobilises $498.8m as Ebola death toll hits 220
Africa has secured about $498.8 million in pledges and commitments to bolster response efforts against the ongoing Bundibugyo Ebola virus outbreak across…
African currencies depreciate amid US-Iran crisis — Report
African currencies came under renewed pressure following the escalation of geopolitical tensions involving the United States, Israel, and Iran, with currencies across…
West, Central Africa commit $27bn to port projects for trade growth
Nigerian and other countries in West and Central Africa have committed over $27 billion to port infrastructure expansion projects aimed at strengthening…
AFC commits $100m to boost Africa tech venture capital
Africa Finance Corporation has approved a commitment of up to $100 million to invest in Africa-focused technology fund managers, in a move…
Dangote pledges massive fertiliser push for Africa food security
President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments. He…
African airlines lead global passenger growth with 19.2% rise
African airlines recorded a 19.2 per cent year-on-year surge in international passenger demand in March 2026, according to the International Air Transport…
Africa’s solar battery storage capacity to grow over 20% annually — Report
Solar battery storage in Africa is poised for rapid expansion, with capacity projected to grow by more than 20 per cent annually…
Dangote pledges to build 650,000 bpd refinery in East Africa
Africa’s leading industrialist and President of the Dangote Group, Aliko Dangote, has said the refinery in Lagos can be replicated in East…
IMF warns of rising fiscal deficits in Africa despite oil gains
Sub-Saharan Africa’s fiscal position is expected to weaken in 2026, even as improved commodity prices offer some relief to external balances across…
Foreign interests hindering Africa’s refineries, Dangote warns
Africa’s richest man and President of Dangote Group, Aliko Dangote, has said that entrenched foreign interests are undermining Africa’s industrial development and…
Dangote plans historic Pan-African IPO for oil refinery
President of Dangote Industries Limited, Aliko Dangote, is planning a landmark cross-border public offering of his $20bn oil refinery in a move…