Nigeria has entered a historic phase as it becomes a net exporter of petrol for the first time in decades, marking a major turnaround for Africa’s largest oil producer. For years, the country depended heavily on imported fuel despite vast…

Uganda’s business community has intensified pressure on government to halt proposed tax increases in 2026, warning that the measures could deepen economic strain and slow recovery across key sectors. During a presentation to Parliament’s Finance Committee on April 8, 2026,…

Africa’s richest industrialist, Aliko Dangote, has raised fresh concerns about external forces slowing the continent’s economic progress. He made the remarks during the Investing in Africa forum held alongside the IMF-World Bank spring meetings in Washington, DC. Dangote argued that…

Seplat Energy has made history on the Nigerian Exchange Limited (NGX), becoming the first listed company to cross the N10,000 per share milestone as investor demand surged following a major ownership shift. The company’s stock climbed to N10,450 on Tuesday,…

South Africa’s controversial opposition figure Julius Malema has been convicted for illegally possessing a firearm and discharging it in public, a ruling that could see the Economic Freedom Fighters (EFF) leader face a minimum 15-year prison sentence. The judgment stems…

Aliko Dangote is advancing plans to list shares of his oil-refining business across several African stock exchanges, a move that could reshape capital markets on the continent and unlock new investment opportunities. The billionaire industrialist is positioning the 650,000 barrels-per-day…

Nigeria and Morocco have accelerated plans to sign a landmark agreement on the $25 billion African Atlantic Gas Pipeline in 2026, signaling a major shift in Africa’s energy landscape and strengthening regional economic integration. Amina Benkhadra, Director General of the…