Zimbabwe Ships Africa’s First Lithium Sulphate as Processing Ambitions Take Shape
Zimbabwe Ships Africa’s First Lithium Sulphate as Processing Ambitions Take Shape Read More »
Economy & Business
Africa Urged to Rethink Health Financing as Donor Support Falls Away — and the Bill Grows
A stark warning has gone out from health ministers, development economists, and international partners gathered at the World Health Summit’s inaugural Africa regional meeting: the continent can no longer afford to rely on external development assistance to fund its health systems, and the transition away from that model must begin now — before the safety
Is Zimbabwe Finally Turning a Corner? Three Months of Single-Digit Inflation and What It Means
For the first time in years, Zimbabwe has recorded three consecutive months of single-digit inflation — a rare bright spot that is cautiously reframing the country’s economic narrative, even as fundamental questions about currency stability, debt, and structural reform remain largely unanswered. The Reserve Bank of Zimbabwe’s latest data shows annual inflation stabilising below 10
Iran Tensions Push Africa Into Economic Danger Zone as Strait of Hormuz Disruptions Spread
The escalating tensions between Iran and the United States are sending economic shockwaves across Africa, with the continent’s fuel import routes, shipping insurance costs, and food supply chains all facing fresh disruptions. Even without a full closure of the Strait of Hormuz—the world’s most critical oil chokepoint—African economies are already absorbing higher fuel prices, pricier
Senegal’s State Oil Company Goes It Alone: Yakaar-Teranga Gas Field Now Entirely in Petrosen’s Hands
After Kosmos Energy exits the $3bn Yakaar-Teranga deepwater project, Senegal’s state oil company Petrosen now operates the massive gas field solo — but experts question whether it can shoulder the burden.
South Africa’s Gig Economy Boom: 70% of Ride-Hailing Drivers Now Use Platforms as Primary Income
Bolt’s 2026 report reveals 70% of South African ride-hailing drivers now depend on platforms as their primary income, as 80% of transactions stay cash-based.
Ghana Mining Giants Face New Local Content Demands as Newmont-AngloGold-Zijin Deal Takes Shape
Ghana’s gold mining sector is entering a new era of local participation, following a series of high-level negotiations that have seen global mining giants agree to increased procurement commitments to local firms. The developments signal a watershed moment for the country’s efforts to ensure its mineral wealth delivers broader economic benefits beyond royalties and taxes.
Zimbabwe’s Rare Inflation Calm: Three Months of Single Digits Raises Cautious Hope
Zimbabwe records three consecutive months of single-digit inflation for the first time in years. But economists warn the structural foundations remain fragile.
Zimbabwe’s Rare Inflation Calm: Three Months of Single Digits Raises Cautious Hope Read More »
Dangote Backs East Africa’s Joint Refinery Plan: Nigeria-Scale Production for Tanzania
Aliko Dangote commits as anchor investor for a Nigeria-scale refinery in Tanzania’s Tanga, backed by Kenya and Uganda, aiming to keep East Africa’s oil wealth at home.
Dangote Backs East Africa’s Joint Refinery Plan: Nigeria-Scale Production for Tanzania Read More »
The Great East African Refinery Race: Dangote, Kenya, and the $4 Billion Question
## The Great East African Refinery Race: Dangote, Kenya, and the $4 Billion Question In the Horn of Africa, where fuel prices ripple through every economy from Nairobi to Kampala, a high-stakes conversation is underway about who will build the refineries that the region desperately needs — and who will control them. At the center
The Great East African Refinery Race: Dangote, Kenya, and the $4 Billion Question Read More »
Maersk Suspends Berbera Bookings: A Reckoning for East Africa’s Key Trade Lifeline
## Maersk Suspends Berbera Bookings: A Reckoning for East Africa’s Key Trade Lifeline The Port of Berbera in Somaliland has long served as one of the most critical — and politically charged — trade arteries in the Horn of Africa. Now, a decision by global shipping giant Maersk to temporarily suspend new cargo bookings to
Maersk Suspends Berbera Bookings: A Reckoning for East Africa’s Key Trade Lifeline Read More »
Dangote Refinery’s $40 Billion IPO: Africa’s Largest Energy Bet Takes Shape
Aliko Dangote, Africa’s wealthiest individual, is preparing to list approximately ten percent of his landmark oil refinery in a multi-exchange Initial Public Offering that analysts are already calling the most significant capital markets event in African history. The offer, expected to open for subscription as early as May or June 2026, will target listings on
Dangote Refinery’s $40 Billion IPO: Africa’s Largest Energy Bet Takes Shape Read More »