The War That Raised Prices Across Africa- Without Firing a Single Shot on African Soil
Supply chain leaders who build African supplier capacity, qualify local alternatives, and push for the infrastructure and trade reforms that make intra-African trade competitive will hold a structural advantage over the next decade.
AVCA Gathers Key International and Domestic Financiers in Nairobi to Position Kenya as a Gateway to Invest in Africa
The 22nd Annual AVCA Conference & VC Summit, organised and hosted by the African Private Capital Association (AVCA), will take place in Nairobi from 27 - 30 April.
WPP Scangroup's Losses Deepen to KSh 713 Mn as Airtel Exit, Client Flight Compound Four-Year Decline
WPP Scangroup posted a KSh 713.67 Mn net loss in FY2025, widening 40.8%, as revenue fell 16.3% to Ksh 2.04 Bn following the Airtel Africa exit, three CEO changes, and Tanzania wind-down.
Africa Holds US$2 Trillion in Domestic Capital But Still Imports 70% of Its Fuel, AFC Warns
Africa's domestic capital pools have crossed US$2 trillion for the first time, surpassing a decade of external financing flows, yet the continent imports more than 70% of its refined fuel and faces an 86-million-tonne shortfall by 2040, according to the AFC's State of Africa's Infrastructure Report 2026. AFC CEO Samaila Zubairu said the problem is no longer capital scarcity but intermediation. Pension and insurance assets crossed US$1 trillion for the first time, while the Iran conflict has exposed Africa's deep dependence on Gulf fuel imports.Here's Everything You Need to Know About the France-Africa Summit in Nairobi This May
The Kenyan Wall Street's Bullish Africa Investors' Reception on May 11th, is set to build momentum toward the upcoming Bullish Africa Annual Summit at the 81st United Nations General Assembly (UNGA) in New York this September.
Kenya, Uganda Move to Own Their Oil and Minerals Value Chain
Kenya has committed to investing in Uganda's planned 60,000-barrel-per-day oil refinery, with President Ruto announcing the move at the Africa We Build Summit 2026 in Nairobi. The pledge extends a broader push by Kenya and Uganda to stop exporting unprocessed oil, iron ore, and critical minerals and own the downstream value chain. Ruto called for Africa to pool its copper, cobalt, lithium, and rare earth reserves to compete in global green manufacturing, warning that dependence on external capital serves foreign industrial interests over African ones.Dangote to Build East African Oil Refinery in Tanzania
Aliko Dangote pledged at the Africa We Build Summit 2026 in Nairobi to build a 650,000-barrel-per-day oil refinery in Tanga, Tanzania, modelled on his Lagos complex, if Kenya, Uganda, and neighbouring governments support the initiative. Kenyan President William Ruto confirmed Kenya would also invest in Uganda's separate domestic refinery. The announcement came as the AFC warned Africa faces an 86-million-tonne fuel shortfall by 2040, with East Africa sourcing up to three quarters of its refined fuel from the Middle East.Nairobi’s ‘Nova Garage’ Aims to Bridge Africa-Europe Capital Divide
In a surprising shift in regional tech dominance, the Democratic Republic of Congo (DRC) led the application pool with approximately 90 to 96 entries, surpassing Kenya’s 60 to 70 applications.
Ethiopia's Biggest Private Bank Makes Its Stock Market Debut on the ESX
Awash Bank S.C. has listed on the Ethiopian Securities Exchange Main Market under ticker AWAB, becoming the third company and first major private commercial bank on the bourse. The listing by introduction covers 37,896,928 shares out of 54,066,089 registered with ECMA. Awash reported gross profit of ETB 25.67 billion for FY2025, a 137% surge, with total assets of ETB 442.6 billion and deposits exceeding ETB 358 billion. The listing comes as the ESX targets nine listings before the end of the Ethiopian fiscal year on 7 July 2026.Two Nigerian Deals Drive Bulk of Africa's Private Capital Activity in Q1- Stears Report
Africa’s private capital activity contracted for a third straight period in early 2026, with deal volumes falling even as a surge in a handful of billion-dollar transactions lifted headline investment value.Co-op Bank Plans to Reorganise its Corporate Structure
Co-operative Bank of Kenya plans to restructure into a Non-Operating Holding Company, renaming its listed entity Co-opbank Group PLC and creating a new banking subsidiary. The move follows KCB, Equity, NCBA, I&M and Stanbic. The bank controls seven subsidiaries across Kenya and South Sudan and targets assets above KSh 1 trillion by 2029The UN Kickstarts Hunt for its Next Secretary-General
The United Nations (UN) has kickstarted the process of selecting its next Secretary-General to succeed the outgoing António Guterres in 2027.
