Africa
5 articles

Dangote Refinery Aims to Raise $1 Billion Through Debt Sale
Dangote Refinery, already valued at $39.

MTN Group finalizing fintech spinoffs in Nigeria and Uganda
Last year, MTN's fintech business processed an astonishing $500 billion in transactions across 14 markets, a financial powerhouse now being strategically unbundled from its telecom parent, according t

AfDB Tentatively Allocates $650M for Uganda Railroad
The African Development Bank has tentatively allocated $650 million to Uganda's Standard Gauge Railway, a project valued at over $3 billion, even as its primary contractor's agreement was recently can

Guinea plans bauxite export controls in June announcement
Alumina futures on the Shanghai Futures Exchange (SHFE) surged over 4% on the 25th, signaling market jitters ahead of Guinea's planned June announcement on bauxite export controls, according to Bitget

Ebola outbreak confirmed in Congo, straining resources
Authorities in northeastern Congo banned funeral wakes and gatherings of more than 50 people to curb a rapidly spreading Ebola outbreak.