Daily Archives: 17th May 2026

Yoweri Museveni has thrown his support behind a proposed East African regional refinery project following talks with Aliko Dangote, signaling growing momentum for deeper energy cooperation and industrial integration across the region. Ugandan President Yoweri Museveni backed a proposed East African regional oil refinery after meeting with Nigerian billionaire Aliko Dangote. Museveni emphasized adding value…

Ghana has retained its position as Africa’s fourth-largest debtor to the International Monetary Fund, with its obligations to the lender rising to 2.72 billion Special Drawing Rights, equivalent to about $3.74 billion at current IMF exchange rates. Ghana has retained its position as Africa’s fourth-largest debtor to the IMF, with its obligations rising to about…

Nigeria’s President, Bola Ahmed Tinubu, has said the country is on track to attract nearly $20 billion in foreign direct investment (FDI) in 2026, as Africa’s largest economy seeks to position itself as a manufacturing and energy hub following a series of economic reforms. Nigeria says it is on track to attract nearly $20 billion…