
Ethiopia Joins Dangote Refinery IPO in Pan-African Vote of Confidence
Ethiopia has joined the list of investors in Dangote Petroleum Refinery's initial public offering, broadening the deal's pan-African appeal.
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Ethiopia has joined the list of investors in Dangote Petroleum Refinery's initial public offering, broadening the deal's pan-African appeal.

The National Sugar Development Council has unveiled a $7.1 billion, ten-year investment plan to lift annual sugar production above two million tonnes and cut reliance on imports.

Nigeria's foreign direct investment fell 92% month-on-month to $11 million in September, highlighting the gap between hot portfolio money and long-term capital commitments.

The World Bank Group says it is helping to mobilise up to $5.79 billion in private financing for Nigeria in 2026, a push projected to support about 850,000 direct and indirect jobs.

The US banking giant plans to establish a merchant bank in Nigeria before the end of 2026 and has added the country to a new emerging-market bond index, in twin votes of confidence for the capital market.
Nine companies disclosed funding in September, down from $364.1 million across 20 startups in the previous month.
The development lender says its 2026 interventions combine credit, guarantees and investment to draw commercial funding into agriculture, finance and job creation.
The oversubscribed fifth fund lifts the co-investment platform's assets above $850 million and expands its exposure to emerging-market technology companies.
According to the minister, Nigeria was producing less than one million barrels per day of crude oil and condensate when the current...
Regulatory changes have widened the menu of long-duration investments available to managers.
Rising contributions and better investment income have lifted the pool of retirement savings.
The offshore project, being developed across OMLs 112 and 117, is expected to produce about 350 million standard cubic feet of gas per...
Waste Is Becoming a Supply Chain Nigeria is estimated to generate about 840,000 metric tonnes of used cooking oil annually, while more...
The $50bn Question Is Now About Delivery According to Oduwole, the investment announcements resulted from more than 80 memoranda of...