Let’s Re-Imagine Industries
Starting With An Idea…
…With What We Have
Together, Realising A Future
That Many Think Impossible.

A
Bring Your Ideas To Life

Test over
What’s happening in the rest of Africa?
- Error
- AllAfrica News: Economy, Business and Finance
RSS Error: A feed could not be found at `https://www.afdb.org/en/news-and-events/rss`; the status code is `403` and content-type is `text/html; charset=UTF-8`
[Daily Trust] At least 37 artisanal miners, including teenagers, have died in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Minna, Niger State.
[Leadership] The Nigeria Security and Civil Defence Corps (NSCDC) has ordered a high-powered probe into the deaths of 33 suspected illegal miners in its custody in Niger State, directing investigators to unravel what happened to the detainees before their deaths.
[Daily Trust] The British Deputy High Commissioner in Lagos, Jonny Baxter, has concluded a two-day visit to Abia State, highlighting the state's growing reputation as a hub for entrepreneurship, innovation and economic opportunity.
[Vanguard] Nigeria has won an arbitration dispute against Sunrise Power over the Mambilla hydropower project, with an International Chamber of Commerce (ICC) tribunal in Paris dismissing the company's $2.35 billion claim against the country.
[Vanguard] No fewer than 20 persons including women and children, are feared killed or trapped after an illegal mining pit collapsed on Thursday afternoon at Mayo-Kam community in Bali Local Government Area of Taraba State.
[New Zimbabwe] The National Railways of Zimbabwe (NRZ) has increased its operational capacity following the refurbishment of 100 high-sided wagons and three locomotives under a US$2.8 million Public-Private Partnership (PPP) with ferrochrome producer Zimasco.
[Premium Times] The offer is expected to run from Monday, 14 September to Tuesday,13 October 2026, giving eligible investors an opportunity to acquire shares in the company.
[Premium Times] "If fully subscribed, the offering and subsequent listing could add approximately $60 billion to the total equity market capitalisation of the Nigerian Exchange (NGX), significantly expanding the size of Nigeria's listed equity market," she said.
Nigeria: Emir Sanusi Defends Dangote Refinery, Challenges Critics to Raise $22bn for Competing Plant
[Leadership] The Emir of Kano, His Royal Highness Khalifa Muhammadu Sanusi II, on Thursday mounted a spirited defence of the Dangote Petroleum Refinery and Petrochemicals Limited, dismissing claims of monopoly and challenging detractors to mobilise the estimated $22 billion required to build a competing refinery.
[Leadership] Thirty-three suspected illegal miners have died while in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Niger State.
[Nile Post] The Ministry of Local Government has introduced standard building specifications and uniform costing for the construction of local government headquarters in a move aimed at controlling costs, improving quality and curbing corruption.
[263Chat] Zimbabwe has commissioned three refurbished locomotives and 100 high-sided wagons under a US$2.8 million public-private partnership between the National Railways of Zimbabwe (NRZ) and ferrochrome producer Zimasco, in a move officials say will help ease freight bottlenecks and reduce pressure on the country's roads.
[Addis Standard] Addis Abeba -- Local residents in Arsite, Abunu Kebele of Gomole Woreda, near Borena National Park in Ethiopia's Oromia Region, have raised concerns over the reported deaths of birds and other wildlife following the use of chemicals in informal gold mining activities in the area.
[Daily Trust] Some illegal miners have died in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Niger State.
[263Chat] Property owners across the country could face legal action over dilapidated, unsafe and unsanitary buildings as the Government steps up its nationwide clean-up campaign.
[AIM] Maputo -- The Italian Energy Company ENI, which exports liquefied natural gas (LNG) from the Coral Sul project, in the northern Mozambican province of Cabo Delgado, plans to channel up to three US billion dollars to local companies as part of the local content requirements.
[This Day] The inaugural New Pour Report 2026, which is based on 10 trends and over 15 data sources, has identified why capital is shifting toward Southern and sub-Saharan Africa on the back of demographics such as urbanisation and connectivity.
[This Day] Financial and economic analysts yesterday described the Dangote Petroleum Refinery Initial Public Offering (IPO) as a test of the country's capital-market discipline, an opportunity to broaden ownership of strategic assets, and a pointer to how the country could finance development beyond mounting reliance on debt.
[New Zimbabwe] The High Court has ordered former Energy and Power Development Minister Dzikamai Mavhaire to restore unrestricted access to a Masvingo mining operation after finding that boom gates erected on roads leading to the claims amounted to unlawful interference with the miner's peaceful use of the access routes.
[New Zimbabwe] GOVERNMENT has fallen back on its words to completely remove vendors operating in Harare's Central Business District (CBD) and instead ordered them to only sell their goods between 6AM and 6PM.
[Dabanga] Omdurman / Ed Dueim -- The collapse of Sudan's Pound is sending consumer prices sharply higher as traders struggle to price their goods. About three-quarters of shops in Ed Dueim, White Nile state, have closed, along with about 90% of wholesale shops in Omdurman and branches of several flour and dairy-product companies in White Nile state.
[Dabanga] Nyala / El Geneina / Zalingei -- Markets in Nyala, the capital of South Darfur, elsewhere in Darfur, and Kordofan in RSF/Tasees-controlled areas, have reportedly largely escaped the surge in prices seen in Khartoum and eastern Sudan following the sharp depreciation of the Sudanese Pound (SDG), traders say. Local price rises are concentrated mainly in staple grains, as poor rainfall has reduced agricultural production.
[Dabanga] Khartoum / Amsterdam -- Sudan's Finance Minister, Jibril Ibrahim, attributes the Sudanese Pound's rapid decline against foreign currencies to strong demand for foreign exchange as imports outstrip exports, with the currency's slide putting further pressure on household budgets.
[Dabanga] En Nahud -- At least 80 people have died after a gold mine collapsed near El Nahud in West Kordofan, according to a local administration official. A further 50 people are injured, while the number still trapped underground remains unknown.
[Dabanga] Khartoum / Amsterdam -- The Sudanese Pound has plunged against the Dollar, with the US currency trading above SDG 8,400 on the parallel market, up 40% in three weeks as demand for foreign currency surges.
[Liberian Observer] Liberia has crossed the US$1 billion revenue mark. That is something worth acknowledging.
[Darfur Network for Human Rights] Violent armed clashes at Al-Naam border market, near Abyei, reportedly killed and injured civilians on Tuesday, 15 September. The fighting also forced traders and families to flee, brought commercial activity to a halt and exposed the market to looting.
[Premium Times] While the campaign organisation said six people were killed in the accident, the police reported four deaths.
[Vanguard] ActionAid Nigeria, market women, university students and other civil society groups on Thursday staged a protest at the gate of the Federal Ministry of Finance over Nigeria's rising debt stock and the Federal Government's continued borrowing.
[Liberian Observer] Vice President Jeremiah Kpan Koung, Sr. has dismissed reports surrounding his recent security check at Brussels Airport in Belgium, denying claims that he was subjected to the removal of his shoes and jacket during the screening.
[Global Compact] More than 2,000 African and global business leaders plus heads of state will gather in New York on September 20-21 for Unstoppable Africa, flagship event of the Global Africa Business Initiative (GABI).
[CyFrica] As Nigeria's digital economy accelerates towards an estimated $18.3 billion in 2026, the country is confronting an equally urgent challenge: protecting the digital infrastructure, data and financial ecosystems powering that growth.
Shortcodes Ultimate


