Dangote Petroleum Refinery Launches Record $1.6bn IPO Nigerian billionaire Aliko Dangote has launched what is expected to become Africa’s biggest initial public offering, seeking to raise about $1.6 billion to expand his Lagos-based refinery. The Dangote Petroleum Refinery, which began operating in 2024. The Dangote Petroleum Refinery aims to raise funds to double its…
BRICS Calls for Diplomacy and Trade Cooperation BRICS leaders have adopted the 45-page New Delhi Declaration, calling for greater diplomacy, conflict prevention and stronger multilateral cooperation. The declaration expressed deep concern over the ongoing Middle East conflict, urged maximum restraint and called for the protection of civilians and civilian infrastructure. BRICS also condemned unilateral tariffs and…
24 Children Die in DR Congo School Fire At least 24 children have died in a stampede after a fire broke out at two schools in the rebel-held city of Bukavu in eastern Democratic Republic of Congo. Officials said that adults may also be among the dead. They warned that the toll could rise,…
Spain Warned of Ceuta Mass Crossing Before Surge Newly declassified Spanish government documents show that intelligence services warned authorities a day before a mass migrant crossing into Ceuta that social media groups were encouraging thousands of migrants to enter Spanish territory. On 29 July, Spain’s National Intelligence Service reportedly alerted Moroccan and Ceuta authorities…
Kenya Launches Crackdown on Foreign Informal Traders Kenyan officials have started to crack down on foreign nationals running small businesses in the informal economy. This comes after President William Ruto backed measures reserving activities such as hawking and petty retail primarily for Kenyan citizens. Ruto said that foreign investors should focus on bringing capital,…
Nigeria Reportedly Agrees to Secret Ceasefire With Boko Haram Nigeria has reportedly maintained a secret ceasefire with Boko Haram for the past three months, following negotiations that helped secure the release of 360 civilians abducted from Ngoshe village in Borno State. Three sources with contacts within the jihadist group told The New Humanitarian that the truce, which…
MultiChoice will strip M-Net and KykNet of their DStv Premium exclusivity and move cricket, the Uefa Champions League and domestic rugby into a new mid-priced Sports package from 17 September, in the biggest reworking of the broadcaster’s bouquets in nearly 15 years. TechCentral was briefed on the changes under embargo and has withheld the details…
Egyptian TV Presenter Sentenced to Death Over Drug Charges Egyptian television presenter Sarah Khalifa and 11 other people have been sentenced to death by hanging after being convicted of drug charges. According to state-owned media, the group was found guilty of operating a criminal gang that imported ingredients used to manufacture narcotics for sale. They also…
President Donald Trump speaks with the new chairman of the Federal Reserve, Kevin Warsh, after a swearing-in ceremony in the East Room of the White House, in Washington, May 22, 2026. Anna Moneymaker | Getty Images Ten days ahead of a meeting in which the Federal Reserve will likely consider raising interest rates, the Trump…
Zimbabwean Street Vendors Vow to Defy Eviction Order Street vendors in Harare have vowed to defy a government order to leave illegal trading sites. They said informal trading was their only means of survival in the current economic climate and amid high unemployment. As the September 9 deadline approaches, the government is preparing to launch a…
