South Sudan to hold elections in December as fighting rages on/in /by
After years of delays, South Sudan is expected to hold elections in December, despite the nation being on the brink of civil war.
Nigeria: Renew Capital Launches Venture Lab to Back African Fintech Founders/in /by
[Daba Finance] Renew Capital has launched a new programme to support startups building financial products for small businesses. The initiative, called the Renew Venture Lab: EmFi Series, aims to identify and fund founders developing credit solutions across Africa.
Africa: Dangote Plans to Sell About 10 Percent of Refinery in IPO Across Africa/in /by
[Daba Finance] Aliko Dangote plans to sell about 10% of Dangote Petroleum Refinery and Petrochemicals in a multi-exchange listing across Africa, targeting 2026. The offer is part of a plan to raise capital for expansion and increase participation in regional capital markets. The company said dividends will be paid in dollars after the listing.
West Africa: Nigeria Inflation Hits Two-Decade High As Fuel Costs Surge/in /by
[Daba Finance] Nigeria's monthly inflation rate rose to a more than two-decade high in March, driven by higher fuel costs linked to global energy tensions. Consumer prices increased 4.2% month-on-month, up from 2% in February, while annual inflation rose to about 15.4%, according to data from National Bureau of Statistics.
Nigeria: The Aviation Fuel Price Conundrum/in /by
[This Day] Government should provide temporary relief for the airlines
China pledges deeper cooperation with Mozambique/in /by
Chinese President Xi Jinping and Mozambican President Daniel Chapo have agreed to elevate ties between their countries, following talks in Beijing on Tuesday.
Pope Leo: Pontiff touches down in Equatorial Guinea/in /by
Pope Leo touched down in Equatorial Guinea on Tuesday, and was greeted by the president, scores of fans, and a red carpet welcome. It follows a three day visit to Angola.
Cost of war: Gaza development set back by 77 years, new report finds/in /by
Gaza will need close to eight decades and tens of billions of dollars to recover from more than two years of war waged by Israel, a new report finds.
Taiwan president postpones Eswatini trip after claims of China pressure/in /by
Taiwan’s President Lai Ching-te has postponed a planned trip to Eswatini after three African countries reportedly withdrew overflight permission, with Taipei accusing China of pressuring them.
Jackson biopic ‘Michael’ is a family affair as nephew takes lead role/in /by
The premiere of the long-awaited Michael Jackson biopic 'Michael' brought emotion and reflection to Los Angeles on Monday, as cast members and the Jackson family shared the depth of effort behind bringing the King of Pop’s story to life.