Tuesday, May 19, 2026

Where Africa Meets Global Markets.

Buy

BUSINESS

BUSINESS

January 9, 2026

Botswana Cuts Diamond Output 16% Amid Weak Global Demand

Botswana, the world’s leading diamond producer, will cut its 2025 diamond production by 16%. This significant reduction responds to plummeting global demand and the rising market share of lab-grown alternatives. For a nation

BUSINESS

January 9, 2026

Kenyan Court Delays Case to Halt Diageo’s $2.3 Billion EABL Sale

Kenya’s High Court postponed a hearing on Friday. The case seeks to block Diageo’s $2.3 billion sale of its stake in East African Breweries Limited (EABL). The court moved the hearing to January

BUSINESS·Media & Telecom

February 17, 2026

Vodacom Tanzania quarterly results show growth

The Vodacom Tanzania quarterly results demonstrate robust service revenue expansion alongside strategic infrastructure investments. Consequently, the company reported a 19.8% year-on-year increase in service revenue to TZS 477.5 billion for the period

COMESA ASCENT Facility Boosts Renewable Energy

The COMESA ASCENT facility has launched with a $25 million fund aimed at accelerating renewable electrification across Eastern and Southern Africa. The initiative, developed by COMESA in partnership with the World Bank,

April 21, 2026

BUSINESS·Energy

Dangote Refinery Expands into Petrochemicals

The Dangote refinery petrochemicals strategy is entering a new phase as Aliko Dangote expands operations beyond fuel production into high-value chemical inputs. The move targets Nigeria’s import-dependent detergent sector while positioning the

April 21, 2026

BUSINESS

Raw copper from Zambia awaits export in a warehouse at Newlyn Terminal at Bayhead at the port in Durban, South Africa, April 4, 2024. REUTERS/Rogan Ward/File Photo

Zambia’s Copper Smelters Plan Extended Shutdowns, Squeezing Output and Chemical Supplies

Two of Zambia’s largest copper smelters and sulphuric acid producers will shut for extended maintenance later this year. Two industry sources confirmed the planned outages, which will further squeeze copper output and

April 20, 2026

BUSINESS

Algeria Launches Oil and Gas Licensing Round to Boost Output

Algeria, a gas-rich OPEC member, launched a 2026 oil and gas licensing round on Sunday. The government offered seven exploration blocks in an effort to boost output and attract foreign investment. The

April 20, 2026

BUSINESS

A woman walks by a long row of flags at the IMF building during the 2026 annual IMF/World Bank Spring Meetings in Washington, D.C., U.S., April 16, 2026. REUTERS/Ken Cedeno/File Photo

Battle-Scarred Developing Nations Look for Path Out of Permacrisis

Developing country policymakers left this week’s IMF-World Bank meetings more frustrated than ever. Successive external shocks are derailing their efforts to tackle high debt, reform their economies, and deliver better lives for

April 20, 2026

BUSINESS

Nigeria Import Duties Cut to Ease Costs

Nigeria import duties are set for major cuts as the government moves to ease inflation and reduce living costs. The policy takes effect on July 1 and targets key sectors. It aims

April 14, 2026

BUSINESS·MARKETS

Shell South Africa Sale Talks Hit $1 Billion

Shell South Africa sale discussions have advanced, as the energy giant explores a possible exit from its retail fuel network. As a result, the deal could reach about $1 billion and reflects

April 14, 2026

BUSINESS·Energy

Ride-Hailing Uganda: Student Driver’s Bold Hustle

Ride-Hailing Uganda is redefining how young people earn, and Bashil Hamis is a clear example of this shift. At just 21, the Senior Six student has chosen a path few would expect

April 7, 2026

BUSINESS

South Africa Exports Face Middle East Risk

South Africa Exports are under pressure as the ongoing Middle East conflict threatens key agricultural trade routes ahead of the citrus export season. Industry leaders now warn that exporters must act quickly

April 7, 2026

Africa·BUSINESS

DRC Gold Reforms Target Smuggling Losses

DRC Gold Reforms are gaining momentum as authorities in Kinshasa move to tighten control over a sector long affected by smuggling and weak oversight. At the same time, the government has outlined

April 7, 2026

BUSINESS·MARKETS·News

1 2 3 … 10 Next

Botswana Cuts Diamond Output 16% Amid Weak Global Demand

Kenyan Court Delays Case to Halt Diageo’s $2.3 Billion EABL Sale

Vodacom Tanzania quarterly results show growth

COMESA ASCENT Facility Boosts Renewable Energy

Dangote Refinery Expands into Petrochemicals

Zambia’s Copper Smelters Plan Extended Shutdowns, Squeezing Output and Chemical Supplies

Algeria Launches Oil and Gas Licensing Round to Boost Output

Battle-Scarred Developing Nations Look for Path Out of Permacrisis

Nigeria Import Duties Cut to Ease Costs

Shell South Africa Sale Talks Hit $1 Billion

Ride-Hailing Uganda: Student Driver’s Bold Hustle

South Africa Exports Face Middle East Risk

DRC Gold Reforms Target Smuggling Losses

Latest Posts

Nigeria Coup Plot Charges Filed Against Officials

COMESA ASCENT Facility Boosts Renewable Energy

Dangote Refinery Expands into Petrochemicals

Zambia’s Copper Smelters Plan Extended Shutdowns, Squeezing Output and Chemical Supplies

The Fox Theme

Authors

afwallst

Mukisa Peter Benjamin

Jordan Luke Obwana

Categories