South Africa’s rand firmed in early Friday trading, helped by stronger gold prices as investors positioned themselves for a busy week of economic data. South Africa’s rand firmed against the dollar, supported by a rally in global gold prices. Investors are watching November inflation data due on 17 December for clues on economic momentum. Analysts…
The Dangote Petroleum Refinery has received its second-ever crude shipment from Ghana, coinciding with a sharp drop in its crude imports from Europe. The Dangote Petroleum Refinery received its second crude shipment from Ghana, Sankofa grade, adjusting its feedstock mix amidst reduced European imports. Between September and November, daily crude deliveries averaged 380,000 barrels, a…
The Aliko Dangote Foundation, chaired by Africa’s richest man, has committed ₦1 trillion ($688 million) to strengthening Nigeria’s education sector over the next decade. The Aliko Dangote Foundation committed ₦1 trillion ($688 million) over a decade to strengthen Nigeria’s education sector. The initiative will start by supporting 45,000 students and scale to 1.33 million beneficiaries,…
Egypt’s Civil Aviation Ministry has launched a tender for private companies to manage, operate, and develop Hurghada International Airport. Egypt’s Civil Aviation Ministry is tendering to private companies for operating and developing Hurghada International Airport. This initiative aims to involve private operators in managing 11 Egyptian airports while retaining public ownership. Hurghada International, Egypt’s second-busiest…
Mali has ordered the payment of 312 billion CFA francs ($554 million) to local companies to settle arrears for services provided in 2023 and 2024. Mali has authorised payment of 312 billion CFA francs to local companies to settle outstanding dues for services provided in recent years. This payment follows the recovery of 761 billion…
Nigeria increased its petrol supply in November 2025 to meet end-of-year demand, even as key state-owned refineries remained shut and consumers continued to grapple with high pump prices, the latest fact sheet from the Nigerian Midstream and Downstream Petroleum Regulatory Authority showed. Nigeria increased petrol supplies in November 2025 to meet holiday demand, despite key…
Several West African countries have been called out for failing to enforce rulings from the ECOWAS Community Court of Justice, raising concerns over human rights protections, even as the region faces a surge in coups, attempted coups, and escalating insecurity. ECOWAS Court of Justice faces challenges with enforcement of its rulings, reflecting broader governance issues…
Last week, Rwanda and the Democratic Republic of Congo (DRC) finalized a peace accord in Washington, spearheaded by U.S. President Donald Trump. Rwanda and the Democratic Republic of Congo reached the Washington Accords to end decades-long hostilities. Despite the accord, renewed conflict displaced over 200,000 people and caused casualties in eastern DRC. M23 rebels expanded…
The Economic Community of West African States is set to abolish all air ticket taxes across the region from 1 January 2026, marking one of the bloc’s most significant transport reforms in recent years. ECOWAS has approved a landmark policy to eliminate all air ticket taxes across West Africa starting in January 2026. The reform…
