Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: Dangote Refinery Raises $2.5 Billion in Africa’s Largest Private Equity Placement

Dangote Petroleum Refinery has raised about $2.5 billion through a private equity placement that was oversubscribed by 3.7 times, with the proceeds to fund expansion and strengthen its capital structure. Dangote Petroleum Refinery and Petrochemicals has raised approximately $2.5 billion in fresh equity after successfully concluding a private placement that was 3.7 times oversubscribed, the…

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Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: South Africa, Germany Deepen Strategic Partnership

South Africa and Germany have reaffirmed their commitment to strengthening their Strategic Partnership, with discussions focusing on expanding economic cooperation, accelerating the Just Energy Transition and addressing pressing global challenges, including conflicts in the Democratic Republic of the Congo (DRC), Ukraine and the Middle East. Minister of International Relations and Cooperation Ronald Lamola hosted Germany’s…

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Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: Think You’re Healthy? Hidden Obesity Risks May Already Be Damaging Your Body Silently

Dar es Salaam — THE growing burden of noncommunicable diseases (NCDs) has become one of Tanzania’s most pressing public health challenges, with obesity emerging as a major risk factor behind the rising number of people diagnosed with diabetes, hypertension, heart disease and certain types of cancer. Health experts say changing lifestyles, unhealthy diets rich in…

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Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: Locked Out – Why Africa Loses Its Brightest Before They Leave

Every few months, Africa celebrates another homegrown success story: a scientist wins international acclaim, an entrepreneur secures global investment, a filmmaker earns a prestigious award, or a communications expert lands a global leadership role. We proudly claim them as our own, sharing their achievements as proof that Africa continues to produce world-class talent. Also read: From…

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Africa: Can Ethiopia Weave Africa’s Complete Cotton-to-Clothing Value Chain?

Africa: Can Ethiopia Weave Africa’s Complete Cotton-to-Clothing Value Chain?

As Africa seeks to capture more value from its natural resources, Ethiopia is building one of the continent’s most ambitious cotton-to-clothing value chains. By linking farmers, researchers and manufacturers, the country is demonstrating how cotton can drive industrialisation, create jobs and strengthen regional trade. GEWANE, Afar Region, Ethiopia – As the first rays of sunlight spread…

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