Behind Dangote Refinery’s N2.15 trillion IPO is an army of Nigeria’s top dealmakers
The N2.15 trillion initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals has assembled some of Nigeria’s biggest investment
African Stocks
Airtel Africa hits N5,801 as NGX surges N3.45 trillion; YTD return reclaims 55% threshold
The Nigerian equities market delivered its most powerful single-session gain in weeks on Wednesday, July 8, 2026, as Airtel Africa’s
Ghana-SA relations remain cordial, Ramaphosa will visit when xenophobic tensions ease – Kwakye Ofosu
The Minister for Government Communications, Felix Kwakye Ofosu, has indicated that the visit by South African President Cyril Ramaphosa to
Tema Oil Refinery clears six-year backlog of audited financial statements
The Tema Oil Refinery (TOR), the state-owned refinery, has cleared a six-year backlog of audited financial statements and completed its
Ecobank pays first dividend since 2022 as shareholders approve $40m payout
Shareholders of Ecobank Group have given the green light for a $40 million dividend payment – the first time the
Burkina Faso launches state-backed fund to regain control of mining wealth
Burkina Faso has moved to strengthen its control over mineral resources through the establishment of a new sovereign mining investment
Ghana records over $11 billion in export earnings as gold sector strengthens
Ghana’s total export earnings rose strongly to $11.1 billion between January and April 2025, supported by surging global gold prices
Zimbabwe targets expansion in gold sector as state fund pursues $250 million.
Mutapa Investment Fund, Zimbabwe’s state-owned sovereign wealth fund, is seeking to raise $250 million to grow its gold mining operations,
Mozambique plans to join Africa’s mining boom with a 15% state stake and export restrictions.
Mozambique is seeking greater authority over its extensive mineral resources, putting forward major changes that would give the government at
Damang mine under Ibrahim Mahama sends first 110kg gold shipment to Bank of Ghana after takeover.
Ghana’s Damang Gold Mine Limited, now under the control of businessman Ibrahim Mahama, has delivered its first full batch of