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Safaricom Profit Soars 67% as Ethiopia BetFinally Starts Paying Off

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07 May 2026
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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...
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Dangote Just Promised Africa $25 Billion — And A 20,000MW Power Revolution

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07 May 2026
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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...
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Oil Wobbles, Trump Won’t Confirm Ceasefire as Iran UAE Crisis Enters Day Two

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05 May 2026
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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...
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China Drops All Tariffs on 53 African Nations Starting Today

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01 May 2026
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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...
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Tinubu Fires Petroleum Regulator Boss After Just 4 Months — While He Was in Germany

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30 Apr 2026
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President sacks NMDPRA chief Saidu Mohammed amid aviation fuel crisis, Dangote refinery tensions, and airline shutdown threats — then names a Dangote executive as his...
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UAE Quits OPEC After 57 Years in Shock Move That Shakes Global Oil Markets

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29 Apr 2026
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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...
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Dangote Breaks $30 Billion Barrier as Pan-African Refinery IPO Takes Shape

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29 Apr 2026
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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...
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