Dangote Petroleum Refinery & Petrochemicals plans to complete its initial public offering (IPO) in October after publishing its prospectus in September, pending regulatory approval. The company does ...

AGL Côte d'Ivoire's net profit fell 96.3% to CFA784.9 million in 2025 as exceptional financial income from the previous year disappeared. Revenue rose 7.4% to CFA92 billion, but higher operating costs ...

Nigeria approved a $4.5 billion refinancing of its flagship oil-backed loan, replacing the 2023 $3.3 billion Project Gazelle facility. The new structure cuts pledged crude volumes by 12.5% to 78,750 ...

Only 22% of Africans aged 18-24 say they know about the African Continental Free Trade Area (AfCFTA), a level unchanged since 2022, according to the African Youth Survey 2026. Young people who are ...

INTERPOL estimates that cybercrime caused at least $5 billion in direct economic losses across Africa in 2025 as AI-powered attacks became more sophisticated. Reported financial losses from ...

Flutterwave CEO Olugbenga Agboola confirmed that the company is acquiring a bank in East Africa, although he did not identify the target or the country. The planned acquisition follows Flutterwave's ...

Sahara Group has deployed a new 380,000-barrel tanker to boost exports from Nigeria's OML 18 oil block, which currently produces about 36,000 barrels per day. The company aims to increase production ...

First HoldCo launched a $1.03 billion sale of a 25% stake in First Bank of Nigeria, disposing of shares acquired after a four-year control battle between Femi Otedola and Oba Otudeko. The shares have ...

Georgia's Kulevi refinery has signed a supply agreement for Libyan crude through the end of 2027 as it seeks to replace Russian oil ahead of EU sanctions. The refinery is diversifying toward Libyan ...

Uganda is developing new systems to support citizens working abroad as overseas employment becomes a growing source of foreign exchange. The government is expanding worker tracking, migration data ...

Bank of America has promoted Simbah Mutasa to lead its investment banking business across Africa, expanding his previous responsibility for South Africa. The appointment comes as international capital ...

Libya’s central bank has moved 76% of registered government workers onto a digital salary platform designed to modernize public payments The system aims to improve payroll transparency and strengthen ...