Africa

Nigerian billionaire Dangote launches oil refinery IPO, Africa’s biggest share sale

LAGOS, Sept 14 (Reuters) - Nigerian billionaire Aliko Dangote on Monday launched Africa's largest share sale yet with the initial public offering of his oil refinery, opening up ownership of the plant

Watch: Somalia faces rising costs amid Red Sea shipping disruptions

https://youtu.be/OOovdZzc0eA Somalia is facing rising prices and growing maritime security concerns as Houthi attacks disrupt shipping through the Bab al-Mandab Strait. The cost of a 10kg...

Zambia warns of food insecurity as El Niño drought looms

About 1.2 million Zambians could face acute food insecurity from October this year to March next year due to an El Niño-induced drought, a...

Ebola case detected in north-western province far from epicentre, official says

Goma: An Ebola case has been detected in a province in the north-western corner of Democratic Republic of Congo, far from the epicentre of...

King Oyo, once world’s youngest monarch, buried in western Uganda

KAMPALA: Ugandan king Oyo Nyimba, long the world's youngest monarch, was buried on Saturday among the tombs of his royal forebears as his Tooro...

China-built Kingfisher oilfield completed in Uganda

China-built Kingfisher oilfield completed in Uganda

Nigeria’s Dangote oil refinery signs IPO documents before landmark share sale

By Isaac Anyaogu LAGOS, Sept 7 (Reuters) - Nigeria's Dangote oil refinery on Monday signed offering documents with advisers and other parties involved in its initial public offering, a key milestone

How China’s super-sized market powers African growth

Walk into a supermarket in China and you might find more than just familiar domestic produce. Avocados from Kenya, pineapples from Benin and tangy...

DRC launches 180-day Ebola plan, seeks $1.3 billion funding

The Democratic Republic of the Congo (DRC) and its partners have unveiled an updated 180-day multi-sectoral response plan to intensify efforts against the Ebola...

Tanzania delivers 52 tons of medical aid to DRC for Ebola...

Tanzania on Saturday handed over 52 tons of medicines and medical supplies worth 220 million Tanzanian shillings (R1.3 million) to the Democratic Republic of...