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The faces, voices, and stories shaping Africa’s present and future.
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The latest 2025 Real Economic Development (RED) Index has reshaped the conversation around Africa’s industrial future, revealing a sharp divide between ambition and readiness across the continent. The report, released by the Business Council for Africa on May 6, 2026, shows that only four countries—Morocco, Egypt, South Africa, and Mauritius—are structurally prepared for large-scale industrialization. The findings place these nations ahead due to stronger economic systems, better infrastructure,...
Nigeria’s richest industrialist Aliko Dangote has set his sights on Kenya as a potential location for a massive 650,000-barrel-per-day oil refinery that could reshape East Africa’s energy landscape. The plan, valued between $15 billion and $17 billion, signals one of the region’s most ambitious industrial proposals in years, according to a report by the Financial Times. Dangote revealed that Mombasa stands out as his preferred option. He pointed...
The old story that Africa is still trying to catch up with the developed world is becoming harder to defend. According to Ray Langa, the reality is very different. In his view, Africa has already built many of the business systems and survival strategies that global markets now urgently need. This opinion comes at a time when economies worldwide face supply chain disruption, inflation pressure, regulation shifts, and...
Aliko Dangote’s company has strongly denied reports claiming he fell out with fellow billionaire Tony Elumelu, describing the viral story as false, malicious, and misleading. In a statement released on Sunday, Dangote Group said there was no disagreement between its President, Aliko Dangote, and the Chairman of Heirs Holdings, Tony Elumelu. The company stressed that neither Dangote nor the organisation made the comments circulating online. The statement, signed...
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