Alerts
Nigerian billionaire Aliko Dangote has acquired a 25% stake in Kenya Pipeline Company, deepening his control of the infrastructure needed to supply petroleum products across East Africa.
The world's most powerful nations are closely monitoring one another across multiple fronts. Following reports in August that the U.S. is tracking expanding Russian military operations in Libya, China was more recently observed dispatching advanced reconnaissance aircraft to monitor large-scale join...
Kenya is targeting December 2026 to begin commercial crude oil exports from the Turkana region, more than 14 years after oil was discovered in the country’s South Lokichar Basin, as the government seeks to turn its petroleum resources into a new source of revenue.
Nigerian billionaire Aliko Dangote has acquired a 25% stake in Kenya Pipeline Company, deepening his control of the infrastructure needed to supply petroleum products across East Africa.
Morocco’s Bank of Africa is preparing to issue more than 5.1 million free shares to its investors as part of a MAD51.23 million capital increase funded entirely from the bank’s existing reserves.
A gold industry business owned by Turkish investor Ozcan Halaç has proposed investing C$27.2 million in Lake Victoria Gold, a Canadian-listed company developing the Imwelo and Tembo gold projects in Tanzania. HOB Energy FZCO would purchase approximately 90.7 million Lake Victoria Gold shares at C$0....
Egypt has announced an agreement with family-led property developer Talaat Moustafa Group Holding to develop four large mixed-use projects with a combined stated value of EGP11 trillion, equivalent to about $202 billion.
The Qatari-based clean energy developer, Green Sky Capital, is looking to spearhead a $239 million green aviation fuel plant in Africa’s largest manufacturing country, Morocco.
As major militaries across Africa continue to collaborate with partners outside the continent on equipment purchases, some countries in Africa, such as Morocco and Liberia, have decided to establish an intercontinental consortium.
The Foreign, Commonwealth & Development Office (FCDO), an investment arm of the United Kingdom’s (UK) government, has committed $15 million to the initial public offering (IPO) of one of Kenya’s largest retail chains, Quick Mart.
Russia has deployed a naval training ship to Namibia as part of a four-ocean expedition spanning Africa and Eurasia, reinforcing Moscow's military ties with African nations amid deepening tensions with NATO and the United States over the war in Ukraine.
JPMorgan Chase has reportedly deposited ₦50 billion, approximately $38 million, with the Central Bank of Nigeria as the US banking giant moves closer to securing a merchant banking licence.
