Dangote’s $16bn Kenya refinery faces court dispute
Nigeria’s Dangote Group is facing a legal challenge in Kenya over land earmarked for its proposed $15–16 billion refinery in...
Tag Archives: #AfricaBusiness
AfDB, Partners Launch Free AI Training for African Public Officials
The African Development Bank Group (AfDB), in partnership with the United Nations Development Programme (UNDP) AI Hub for Sustainable Development,...
African Central Banks Expected to Keep Interest Rates High Amid Global Shocks
Several African central banks are expected to maintain relatively high interest rates as policymakers respond to renewed inflationary pressures caused...
US Development Finance Corporation Backs African Digital Infrastructure Firm WIOCC
The United States International Development Finance Corporation (DFC) is set to invest in WIOCC Group, a major African digital infrastructure...
GSMA Unveils Roadmap to Connect One Billion Africans to Internet by 2030
The GSMA and the Partnership for Digital Access in Africa (PDAA) have launched a new roadmap aimed at helping one...
South Africa Seeks Stronger Platinum Ties With US and China
South Africa is seeking to use its position as the world's dominant supplier of platinum-group metals to strengthen economic ties...
Kenya Approves Diageo’s $2.3 Billion Sale of EABL Stake to Asahi
Kenya’s competition regulator has approved the sale of Diageo’s 65% stake in East African Breweries Limited (EABL) to Japan’s...
DR Congo moves to tighten state control over geological data
The Democratic Republic of Congo (DRC) is moving to strengthen government control over geological information used by mining companies to...
Dangote Refinery announces $14.3 billion expansion plan and landmark IPO
The Dangote Petroleum Refinery has announced plans to invest $14.3 billion to double its refining capacity from about 700,000 barrels...
Dangote Refinery gets approval for Africa’s biggest-ever IPO
The Dangote Petroleum Refinery has received approval from Nigeria’s Securities and Exchange Commission (SEC) to proceed with its initial public...
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