Burkina Faso is tightening its control over a $7 billion gold industry as the military-led government accelerates reforms aimed at reducing foreign dominance in mining and strengthening national ownership. President Ibrahim Traoré has positioned the sector at the center of…
President Cyril Ramaphosa has signed key sections of South Africa’s Companies Amendment Act into law as the country prepares for another potentially painful interest rate decision from the South African Reserve Bank. At the same time, growing safety fears surrounding…
Lagos State has recorded a total revenue of N2.6 trillion in 2025, marking a strong 16 per cent rise from the N2.3 trillion generated in 2024. The state government says improved tax reforms and digital systems drove the growth. The…
Investor interest in the Dangote Refinery continues to surge as the company moves closer to what could become one of Africa’s biggest stock market listings. Aliko Dangote, president of the Dangote Group, revealed that the refinery is targeting about $2 billion…
Lagos State Ministry of Commerce, Cooperatives, Trade & Investment Officially Endorses African Entrepreneurship & Business Summit (AEBS) 2026 The Lagos State Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI) has officially endorsed the African Entrepreneurship & Business Summit (AEBS) 2026,…
Angola has officially overtaken Kenya to become Africa’s sixth largest economy, according to the latest 2026 rankings released by the International Monetary Fund, marking another major shift in the continent’s economic landscape. The latest IMF figures show Angola’s Gross Domestic…
Nigerian billionaire businessman Femi Otedola has revealed plans to invest $100 million in the massive Dangote Group refinery project, a move that further strengthens investor confidence in Nigeria’s fast-evolving energy sector. Otedola disclosed the planned investment on Wednesday after visiting…
The United States has launched a major digital infrastructure push in West Africa, with Nigeria positioned at the center of a new broadband expansion project designed to improve internet access in underserved communities. The U.S. Trade and Development Agency announced…
Nigeria’s energy sector is heading into a major governance shift as Tony Elumelu prepares for a board seat at Seplat Energy Plc. Shareholders are expected to vote on his appointment on Wednesday, May 20, 2026, during the company’s 13th Annual…
The government of Togo has announced a major visa-free travel policy for Africans, allowing citizens across the continent to enter the country without a visa for up to 30 days. The move positions Togo among a growing number of African…