At ₦1,820 a litre — a fraction of what middlemen were charging — Africa’s largest refinery has just rewritten the cost equation for an aviation... Read More
Safaricom, the Kenyan telecoms giant and East Africa’s most valuable listed company,posted a 67 percent jump in annual net income on Thursday, smashing analystforecasts and... Read More
Aliko Dangote did not come to Washington to whisper. Sitting at the IFC’s headquarters in awide-ranging conversation with Managing Director Makhtar Diop, Africa’s richest man... Read More
Brent slips to $112.85 after Monday’s 6% surge, but ING says ‘you could say theceasefire has ceased. Tuesday opened with one of the most expensive... Read More
Beijing’s sweeping zero-tariff policy takes effect May 1, opening the Chinese market to goods from the vast majority of African countries and reshaping the continent’s... Read More
President sacks NMDPRA chief Saidu Mohammed amid aviation fuel crisis, Dangote refinery tensions, and airline shutdown threats — then names a Dangote executive as his... Read More
The Gulf state’s dramatic exit, effective May 1, deals a historic blow to Saudi-led oil cartel amid the Iran war energy crisis. The United Arab... Read More
Africa’s richest man reaches a historic Forbes milestone as his refinery eyes a $40-50 billion listing across six stock exchanges, including Ethiopia’s new bourse. Aliko... Read More
Africa’s richest man has offered Kenya, Uganda and Tanzania a 650,000-barrel refinery in Tanga — and the Iran war just made him impossible to ignore.... Read More