Category: Business & Finance

Eskom Seeks Strategic Partner for 1.5GW Tubatse Pumped-Storage Project

Posted on 2026-10-13

The South African utility has opened a qualification process for a partner to help develop, finance and deliver a planned 1.5GW pumped-storage facility in Limpopo Province.

Eskom Seeks Strategic Partner for 1.5GW Tubatse Pumped-Storage Project

Kenya Central Bank Holds Benchmark Interest Rate at 8.75%

Posted on 2026-10-07

The Central Bank of Kenya kept its benchmark rate unchanged for a fourth consecutive meeting as inflation rose in September and the bank slightly upgraded its 2026 growth forecast.

Kenya Central Bank Holds Benchmark Interest Rate at 8.75%

Airtel Money Sets London IPO Price at £1.96 a Share, Targeting £5.3 Billion Valuation

Posted on 2026-10-01

Airtel Money has priced its planned London initial public offering at £1.96 per share, implying a market capitalization of about £5.3 billion when trading begins.

Airtel Money Sets London IPO Price at £1.96 a Share, Targeting £5.3 Billion Valuation

Atiku Demands Full Reconciliation of Nigeria’s Public Debt and External-Debt Charges

Posted on 2026-09-27

Former Vice President Atiku Abubakar has asked President Bola Tinubu’s government to reconcile Nigeria’s N166.79 trillion public debt, explain changes in the debt stock and disclose the basis for charges recorded in recent external-debt payments.

Atiku Demands Full Reconciliation of Nigeria’s Public Debt and External-Debt Charges

Airtel Money Announces London IPO Plan With IFC as Cornerstone Investor

Posted on 2026-09-24

Airtel Money plans to list existing shares on the London Stock Exchange, with the International Finance Corporation agreeing to invest up to £67.2 million as a cornerstone investor.

Airtel Money Announces London IPO Plan With IFC as Cornerstone Investor

Nigeria Plans Tax-Incentivised Savings Scheme and 10-Year Capital Market Framework

Posted on 2026-09-21

Nigeria’s Securities and Exchange Commission is developing a national savings programme and a new capital market master plan aimed at directing more household savings into long-term investment.

Nigeria Plans Tax-Incentivised Savings Scheme and 10-Year Capital Market Framework

Dangote Refinery Swings to .82 Billion H1 Profit as Debt Falls to .67 Billion

Posted on 2026-09-09

Dangote Petroleum Refinery returned to profit in the first half of 2026 and reduced debt by $570 million as it prepared a ₦2.15 trillion initial public offering.

Dangote Refinery Swings to $1.82 Billion H1 Profit as Debt Falls to $5.67 Billion

US Extends AGOA Through December 31, 2028, Preserving Duty-Free Access for Eligible Kenyan Exports

Posted on 2026-09-06

President Donald Trump has signed legislation extending AGOA and its key apparel provisions through the end of 2028, giving eligible Kenyan exporters a longer period of preferential access to the US market.

US Extends AGOA Through December 31, 2028, Preserving Duty-Free Access for Eligible Kenyan Exports

WIOCC Group Secures US0 Million for African Data Centres and Fibre Expansion

Posted on 2026-09-03

Africa Finance Corporation and Vision Invest have committed a combined US$300 million to WIOCC Group to expand data-centre capacity, terrestrial fibre networks and selected subsea assets.

WIOCC Group Secures US$300 Million for African Data Centres and Fibre Expansion

Etu Energias Signs 0 Million Deal for Chevron’s Stakes in Angola’s Blocks 14 and 14K

Posted on 2026-08-31

The Angolan energy company will acquire interests in two offshore Cabinda blocks through a transaction backed by a Shell credit facility and potentially worth up to $510 million if contingent payments are triggered.

Etu Energias Signs $260 Million Deal for Chevron’s Stakes in Angola’s Blocks 14 and 14K

Rainbow Chicken Headline Earnings Rise 131.4% as Board Declares Special Dividend

Posted on 2026-08-28

Rainbow Chicken reported sharply higher annual earnings as stronger poultry demand, lower commodity prices and operational improvements supported revenue and profitability.

Rainbow Chicken Headline Earnings Rise 131.4% as Board Declares Special Dividend

Harmony Gold Reports 87% Rise in Headline Earnings and Record Adjusted Free Cash Flow

Posted on 2026-08-272026-08-27

Harmony Gold’s FY26 headline earnings climbed to R27.24 billion, while adjusted free cash flow reached a company record despite a 3% decline in gold production.

Harmony Gold Reports 87% Rise in Headline Earnings and Record Adjusted Free Cash Flow

Posted on 2026-01-132026-01-13

In the great equatorial forest of eastern Cameroon, the Baka people have […]

Cameroon Communities turn to farming and beekeeping to adapt to climate change

Africa to Lead Global Growth in 2026—If It Can Tame Debt and Infrastructure Gaps

Posted on 2026-01-032026-01-03

Africa is expected to be the world’s fastest-growing region in 2026, driven […]

Africa to Lead Global Growth in 2026—If It Can Tame Debt and Infrastructure Gaps

AI could add trillion to Africa’s GDP by 2035

Posted on 2025-12-14

The African Development Bank has released a roadmap projecting that artificial intelligence […]

AI could add $1 trillion to Africa’s GDP by 2035

Posted on 2025-12-082025-12-15

State-Regulated Cannabis Aims to Revitalize Rift Region

Category: Business & Finance

Eskom Seeks Strategic Partner for 1.5GW Tubatse Pumped-Storage Project

Kenya Central Bank Holds Benchmark Interest Rate at 8.75%

Airtel Money Sets London IPO Price at £1.96 a Share, Targeting £5.3 Billion Valuation

Atiku Demands Full Reconciliation of Nigeria’s Public Debt and External-Debt Charges

Airtel Money Announces London IPO Plan With IFC as Cornerstone Investor

Nigeria Plans Tax-Incentivised Savings Scheme and 10-Year Capital Market Framework

Dangote Refinery Swings to $1.82 Billion H1 Profit as Debt Falls to $5.67 Billion

US Extends AGOA Through December 31, 2028, Preserving Duty-Free Access for Eligible Kenyan Exports

WIOCC Group Secures US$300 Million for African Data Centres and Fibre Expansion

Etu Energias Signs $260 Million Deal for Chevron’s Stakes in Angola’s Blocks 14 and 14K

Rainbow Chicken Headline Earnings Rise 131.4% as Board Declares Special Dividend

Harmony Gold Reports 87% Rise in Headline Earnings and Record Adjusted Free Cash Flow

Cameroon Communities turn to farming and beekeeping to adapt to climate change

Africa to Lead Global Growth in 2026—If It Can Tame Debt and Infrastructure Gaps

AI could add $1 trillion to Africa’s GDP by 2035

Morocco Bets on Green Gold

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