Ethiopia’s effort to bring home nationals facing difficult conditions in Saudi Arabia has passed another significant milestone, with more than 104,000 people now repatriated since the latest operation began in September 2025. The Ministry of Women and Social Affairs said 1,273 Ethiopians arrived in the country on September 28, 2026, as Addis Ababa continues to…
Aliko Dangote has signaled plans to take his fertiliser business to the stock market next year, a move that could broaden public ownership of one of the Nigerian conglomerate’s major industrial operations and deepen the group’s presence in Africa’s capital markets. Speaking at an investors’ meeting at the Nairobi Securities Exchange on Tuesday, the Nigerian…
Ethiopia, Djibouti and Nigerian industrialist Aliko Dangote are moving to deepen their cooperation in the energy sector with plans for a $660 million refined petroleum pipeline linking the two countries. The project, announced during Ethiopian Prime Minister Abiy Ahmed’s visit to Djibouti, is expected to address some of the logistical challenges that have long affected…
South Africa’s relationship with the United States is becoming increasingly tied to a question that sits at the heart of the African country’s economic policy: how to attract foreign capital while continuing to address the deep inequalities left by apartheid. US Ambassador L. Brent Bozell III says billions of dollars in American investment are effectively…
Nigeria’s fuel market has reached another uncomfortable point for President Bola Tinubu’s government. Petrol prices are climbing towards record levels, transport operators are feeling the squeeze and households are once again confronting higher daily expenses, all while the country’s much-anticipated refining revolution is operating at full capacity. Petrol is now selling at around ₦1,400 per…
Nigerian billionaire businessman Aliko Dangote has urged wealthy Nigerians to invest more of their money in productive businesses instead of spending heavily on private jets. Dangote said he had enjoyed great success in his own business career and bought his first private jet at the age of 22 and a half. However, he now believes…
Zimbabwe’s plan to end the domestic use of the US dollar by 2030 is facing a major test of credibility after the World Bank warned that moving too quickly could destabilise the economy rather than strengthen it. The warning comes at a delicate moment for Zimbabwe, which is attempting to build confidence in its bullion-backed…
Aliko Dangote is preparing to take another major step in turning his landmark refinery project into a publicly backed African energy business, with the initial public offering of the Dangote refinery expected to open within the next 10 to 12 days. According to Reuters, Dangote disclosed the timeline on Thursday while speaking to investors and…
The United Nations has given an African-led campaign to redraw the world’s visual geography a major diplomatic victory, backing a new map projection designed to show the continent at a scale closer to its actual size. According to the BBC, the UN General Assembly adopted the “Correct the Map” resolution on Friday, September 4, with…
A long-running controversy over the Democratic Republic of Congo’s biometric passport system has entered a potentially decisive phase after a Brussels court ordered Belgian biometrics company Semlex and 13 other defendants to stand trial over allegations including corruption, money laundering and tax fraud, Reuters reported. The decision by Brussels’ Council Chamber on Monday marks a…
