4+ day, 7+ hour ago   (937+ words) Uber’s exit from Nigeria and Uganda has put a fresh spotlight on the difficult economics of Africa’s ride-hailing industry, but inDrive says the departures should not be read as a verdict on the continent’s mobility opportunity. Uber’s departure has also…...

4+ day, 21+ hour ago   (276+ words) Africa’s biggest oil refinery has cut its debt by $570 million as it increased production and sales ahead of its planned initial public offering, which could become the continent’s largest share offering. Dangote Petroleum Refinery and Petrochemicals FZE had $5.67 billion in…...

5+ day, 26+ min ago   (1655+ words) Two childhood friends, Taiwo Ilesanmi and Gbenga Akanmu, went from growing up on the same street to working at global chemical giants Dow Chemical and BASF, before building Alliance Chemicals Global. In four years, the company has grown revenue by…...

5+ day, 4+ hour ago   (374+ words) Months after banning the export of lithium concentrates, the Southern African country of Zimbabwe has banned another one of its raw exports. To force more companies to refine its raw materials domestically, Zimbabwe recently decided to prohibit the export of…...

5+ day, 5+ hour ago   (503+ words) The global market is set for the emergence of a new African oil exporter. Uganda, typically known for its coffee, gold, and cocoa beans among other key exports, is about to join the elusive club of oil producing countries. The…...

5+ day, 7+ hour ago   (632+ words) Nigeria’s petrol import bill jumped nearly elevenfold to approximately $700 million (N952.15 billion) in the second quarter of 2026, despite expanding production at the Dangote refinery and the government’s effort to reduce the country’s dependence on imported fuel. The figure increased by 989.4% from…...

6+ day, 20+ hour ago   (387+ words) Nigeria’s Air Peace has returned to Africa’s ten largest airlines after increasing its scheduled capacity by nearly 55% in one year. The carrier offered 354,804 seats in September, compared with 229,412 during the same month in 2025, according to OAG’s latest African aviation data…...

1+ week, 2+ hour ago   (345+ words) Abu Dhabi National Oil Co. is in talks with major refining companies in Africa and Thailand to invest in their businesses as it seeks to secure customers for its crude and expand its fuel-trading operations, according to people familiar with…...

1+ week, 18+ hour ago   (599+ words) Kenya is moving to end the export of raw minerals as East Africa’s largest economy pushes to process more of its natural resources locally, create jobs and retain a greater share of their value. President William Ruto said on September…...

1+ week, 1+ day ago   (511+ words) Nigeria could at least double the investment flowing into its energy industry within five years as wars involving Iran and Ukraine force governments to search for more dependable suppliers, according to the head of the International Energy Agency. IEA Executive…...