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News
Ghana expands visa-free travel network to 3 new destinations, including Maldives
1+ day, 14+ hour ago (392+ words) Ghanaian passport holders can now travel to three more countries without obtaining an entry visa, following the entry into force of visa waiver agreements with the Maldives, Zambia, and Antigua and Barbuda. The Ghanaian Ministry of Foreign Affairs announced the…...
1 million women in Africa’s war-torn nation hold gold worth nearly $3 billion, now a bank wants to use it as collateral
2+ day, 10+ hour ago (519+ words) Somalia is turning to an unusual store of household wealth to widen access to finance, with MyBank, the nation’s sixth-biggest lender launching a service that allows women to use verified gold jewellery as collateral for financing. The lender estimates that…...
Mastercard and Busha bring trusted and simpler digital asset transfers to Nigeria
2+ day, 14+ hour ago (187+ words) Mastercard Crypto Credential will now enable all eligible Busha users as verified endpoints, enabling them to send and receive supported digital assets with greater confidence using their email or phone number instead of error-prone blockchain addresses Mastercard has partnered with…...
Kenya wants to be East Africa’s business hub, but US tech giants are raising concerns as Nairobi battles immigration crisis
2+ day, 15+ hour ago (409+ words) Kenya is positioning itself as East Africa’s leading business and technology hub, but concerns from major US tech companies over immigration and work-permit restrictions are putting pressure on Nairobi’s ambitions as it battles a growing immigration crisis. Kenya’s ambition to…...
Uber just pulled out of 2 African nations but ride-hailing rival inDrive says the exits raise bigger questions about Africa’s mobility market
2+ day, 18+ hour ago (937+ words) Uber’s exit from Nigeria and Uganda has put a fresh spotlight on the difficult economics of Africa’s ride-hailing industry, but inDrive says the departures should not be read as a verdict on the continent’s mobility opportunity. Uber’s departure has also…...
US guided-missile destroyer, UK air-defence and mine-clearing ships converge on Kenyan ports as Mombasa emerges strategic maritime hub
3+ day, 6+ hour ago (541+ words) The Port of Mombasa is emerging as an increasingly important maritime hub for global trade and security, with major US and UK naval vessels making port calls in Kenya within weeks of each other. The latest arrival was the USS…...
Dangote refinery cuts $570 million in debt as it prepares for biggest African IPO
3+ day, 8+ hour ago (276+ words) Africa’s biggest oil refinery has cut its debt by $570 million as it increased production and sales ahead of its planned initial public offering, which could become the continent’s largest share offering. Dangote Petroleum Refinery and Petrochemicals FZE had $5.67 billion in…...
Meet the friends who left two of the world’s biggest chemical companies to build one in Africa—raising nearly $3 million and growing 1,400% in four years
3+ day, 10+ hour ago (1655+ words) Two childhood friends, Taiwo Ilesanmi and Gbenga Akanmu, went from growing up on the same street to working at global chemical giants Dow Chemical and BASF, before building Alliance Chemicals Global. In four years, the company has grown revenue by…...
One of the world’s last DC-8 jets runs off Congo runway after 56 years in service
3+ day, 17+ hour ago (602+ words) One of the world’s last operational Douglas DC-8 jets has suffered a runway accident in the Democratic Republic of Congo, potentially ending the working life of an aircraft built approximately 56 years ago. The four-engine cargo aircraft, registered 9S-AJO, left the…...
Nigeria’s petrol import bill jumps nearly elevenfold to $700 million despite Dangote refinery expansion
3+ day, 17+ hour ago (632+ words) Nigeria’s petrol import bill jumped nearly elevenfold to approximately $700 million (N952.15 billion) in the second quarter of 2026, despite expanding production at the Dangote refinery and the government’s effort to reduce the country’s dependence on imported fuel. The figure increased by 989.4% from…...