Kenya’s investigation into human trafficking networks tied to the Russia-Ukraine war has taken a new twist after the Russian Embassy in Nairobi rejected claims that one of its citizens had been arrested and deported. Kenya investigates allegations of human trafficking linked to the Russia-Ukraine war. The Russian Embassy in Nairobi denies claims of a Russian…
Nigerian billionaire Arthur Eze has secured four offshore exploration blocks in Liberia through his company, Atlas Oranto Petroleum Limited, marking a major boost to the West African nation’s long-stalled energy sector. Nigerian billionaire Arthur Eze’s company, Atlas Oranto Petroleum, secured four offshore exploration blocks in Liberia. The company signed production sharing contracts worth a $12…
Nigeria’s civil aviation regulator is considering certifying China’s C919 jet for use by domestic carriers, in a move that could open the door for Chinese aircraft in Africa’s largest aviation market. Nigeria may certify China’s C919 jet for domestic use in aviation. COMAC has initiated discussions with Nigeria for certification. The C919 jet faces challenges…
A few weeks after a sharp dip, Africa’s richest man, Aliko Dangote, has seen his fortune rebound to $29 billion, according to the Bloomberg Billionaires Index, driven by gains in cement and refinery operations despite mounting domestic pressures. Africa’s richest man, Aliko Dangote, has seen his fortune rebound to $29 billion after a mid-August decline.…
Nigeria’s $20 billion Dangote Refinery has come to a halt after the oil workers’ union launched an industrial action protesting the alleged dismissal of more than 800 employees. Nigeria’s Dangote Refinery has halted operations due to a strike by PENGASSAN over the alleged dismissal of 800 workers. The strike has disrupted the refinery’s refining processes…
Nigeria has opened its doors to citizens of St. Kitts & Nevis (SKN) by introducing a visa-free policy that eliminates entry requirements for holders of ordinary, official, and diplomatic passports. Nigeria has introduced a visa-free policy for citizens of St. Kitts & Nevis, allowing entry without visas for all types of passports. This agreement resulted…
S&P Global Ratings has restored Morocco’s investment-grade status, making it the only African sovereign Eurobond issuer with such a ranking. Morocco regained its investment-grade status from S&P Global Ratings, now rated BBB- with a stable outlook. The restoration places Morocco as the only African sovereign Eurobond issuer with investment-grade status. S&P cited Morocco’s strong socioeconomic…
Nigeria’s Dangote Petroleum Refinery has announced the resumption of petrol sales in naira, reversing an earlier decision to suspend the practice. Dangote Petroleum Refinery resumed petrol sales in naira after a temporary suspension. The refinery underwent significant internal restructuring, affecting hundreds of workers. Resolution aims to stabilize local supply and address currency transaction concerns. The…
South African business leaders say they are in talks with the government about whether they can step in to help revive Johannesburg, the country’s largest and wealthiest city. South African business leaders are discussing collaboration with the government to address Johannesburg’s challenges. The Business for South Africa (B4SA) group is evaluating resource allocation to counteract…
