Kenya’s shutdown of foreign-owned small businesses takes effect as Burundi protests
Kenya has begun enforcing a government directive requiring foreign nationals to stop operating certain small-scale businesses reserved for Kenyan citizens, a move that has triggered a formal protest from neighbouring Burundi. The directive, announced by Kenya’s Ministry of Interior, targets foreign nationals engaged in businesses such as small retail shops, hawking, mobile-money services and other... Read More
Reported secret Boko Haram ceasefire linked to release of 360 abductees
The Nigerian government is reported to have reached a secret three-month ceasefire arrangement with Boko Haram as part of negotiations that led to the release of 360 civilians abducted from Ngoshe in Borno State, according to an investigation by The New Humanitarian. The report, published Monday, said the ceasefire had been in effect since June... Read More
South Africa’s economy slips back into contraction
Statistics South Africa released Q2 2026 GDP figures this morning showing the economy shrank 0.2% quarter-on-quarter — worse than the 0.1% dip economists had penciled in, and the first contraction since Q3 2024. It is the first quarterly release to fully absorb the shock of the Iran war, and the numbers show where the damage... Read More
Dangote Refinery IPO Priced at ₦525 — Africa’s Biggest Ever
Aliko Dangote just put a price on Africa’s biggest deal. Dangote Petroleum Refinery and Petrochemicals FZE has unveiled a ₦2.15 trillion (about $1.6 billion) Initial Public Offering — the largest public equity sale in African history — with the order book opening on September 14 and shares priced at ₦525 apiece. Details confirmed overnight and... Read More
Tanzanian President Samia Suluhu Hassan’s Husband Dies in Zanzibar
Tanzania is mourning the death of Hafidh Ameir Hassan, husband of President Samia Suluhu Hassan, who died on Monday while receiving treatment in Zanzibar. Vice President Deogratius Ndejembi announced the death on September 7, saying Ameir died at about 8 a.m. at Emilio Mzena Memorial Hospital. He had been receiving treatment for a heart condition.... Read More
Tinubu Government Borrowed ₦24.7 Trillion From Nigerians in Eight Months, Up 90.5%
The Federal Government borrowed about ₦24.7 trillion from domestic investors in eight months, representing a 90.5 per cent increase compared with the corresponding period, according to figures from the Debt Management Office. The sharp rise highlights the government’s growing reliance on the domestic debt market to finance its spending and cover budgetary needs amid persistent... Read More
AfD Storms Saxony-Anhalt: First Far-Right State Win in Germany Since WWII
Germany woke up on Monday to a political earthquake. The far-right Alternative for Germany, or AfD, has crashed through a barrier that has stood since 1945, becoming the largest party in a German state parliament and taking 43.8% of the vote in Saxony-Anhalt. It is more than double the party’s 2021 result. It is more... Read More
Naira on course for strongest annual gain against dollar since 2018
Nigeria’s naira is on track to record its strongest annual gain against the US dollar in at least eight years, as stronger foreign-exchange inflows from oil earnings and remittances improve dollar liquidity in the economy. The currency has appreciated by about 8 per cent so far in 2026, continuing a recovery from the sharp depreciation... Read More
Anthony Joshua Crash: Driver Back in Court as Trial Adjourned to Sept 10
The Nigerian court hearing the case against the driver of Anthony Joshua’s ill-fated Lexus SUV returned to the spotlight this morning, with proceedings adjourned again — this time to September 10 — as prosecutors laid out fresh details of the fatal crash that shook global boxing late last year. Adeniyi Mobolaji Kayode, 46, was behind... Read More
Federal Workers Demand N300,000 Minimum Wage and N1.5m Top Salary in Fresh Letter to Tinubu
Nigeria’s federal workers have thrown down the gauntlet. In a fresh petition addressed toPresident Bola Tinubu and the National Assembly, the Federal Workers Forum (FWF) isdemanding that the country’s minimum wage be raised from N70,000 to N300,000, with amaximum salary of N1.5 million for Level 17 officers.The letter, which surfaced widely across Nigerian media on... Read More