Dangote Plans Sale of 10% Stake in $20 Billion Refinery, Targets 1.4 Million Barrels Per Day Capacity

Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, is reportedly planning to sell…

MTN Nigeria to Shut Down Network in Adamawa, Borno, and Kano for Maintenance

MTN Nigeria has announced plans to temporarily shut down its network services in Adamawa, Borno, and…

Swedfund Invests in Digital Payment Solutions in Nigeria to Drive MSME Growth

Swedfund, Sweden’s state-owned development finance institution, has announced a strategic investment in Nigeria’s digital payment ecosystem…

Spiro Raises $100 Million as It Takes Over More Than Half of Kenya’s Electric Bike Market

Spiro announced on October 21 2025 that it has secured a $100 million funding round and…

IEI Plc Eyes N22.5 Billion Recapitalisation as EGM Holds

Industrial and General Insurance (IEI) Plc has announced plans to raise N22.5 billion in fresh capital…

EU’s €100m Energy Programme to Add 400 Megawatts of Renewable Capacity Across Africa

The European Union (EU) has launched a €100 million energy sector programme designed to generate an…

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