Dangote Industries Limited has commenced preliminary development activities for its planned 700,000-barrel-per-day oil refinery in Kenya. The project, which will be located in Lamu on Kenya’s...
African banks are accelerating their expansion into Kenya as the country’s position as East Africa’s financial and commercial hub continues to attract regional lenders seeking long-term...
Africa’s abundant reserves of critical minerals and vast renewable energy potential could position the continent as a major beneficiary of the global energy transition, according to...
Ethiopian Airlines Group has taken delivery of the first of two DHC-6 Twin Otter Classic 300-G aircraft from De Havilland Aircraft of Canada Limited as part...
Africa’s rapidly expanding mobile sector could contribute nearly $290 billion to the continent’s economy by the end of the decade, but industry experts warn that millions...
The Federal Government has introduced a $1 billion financing programme aimed at strengthening the capacity of Nigerian businesses to compete within the African Continental Free Trade...
Nigeria has become the first capital market in Africa to adopt a T+1 settlement cycle, a significant milestone in the country’s efforts to modernize its financial...
The African Development Bank (AfDB) has identified unreliable electricity supply as one of the major obstacles limiting business growth and economic competitiveness in Nigeria, warning that...
Morocco has secured €200 million in financing from the African Development Bank Group to support a major national programme aimed at improving vocational training, expanding employment...
The death toll from the ongoing Ebola outbreak in the Democratic Republic of Congo has risen to 131 as the World Health Organization (WHO) warned that...