AllAfrica Nachrichten

 

[DW] Dangote seeks $1.6 billion from investors to finance a $14.3 billion expansion and thus double the oil refinery's capacity. The offer could give millions of Nigerians a stake in the company. But who can truly afford it?...

[Premium Times] According to Mr Eseka, under the retail incentive programme, investors who subscribe for a minimum of 10 shares and hold them continuously for 12 months will receive one additional share....

[This Day] The federal government has set a 20 per cent manufacturing growth target by 2030-2031 under the Nigerian Industrial Policy (NIP), banking on long-term financing to drive the expansion....

[This Day] The Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Kaosarat Bada Ambrose-Medebem, has called for deeper and more strategic collaboration between government and the private sector to unlock Lagos State's economic potential and accelerate its emergence as a $1 trillion economy by 2052....

[Nyasa Times] Malawians travelling and doing business across the country's borders are continuing to complain of crippling forex shortages, with banks accused of being unwilling to exchange kwacha for dollars - despite fresh figures showing the country's foreign exchange reserves have actually improved....

[Daily Trust] No fewer than 4,765 out of 7,961 domestic flights operated by Nigerian airlines in August 2026 were delayed, representing about 60 per cent of total flights, according to the Nigeria Civil Aviation Authority (NCAA)....

[Daba Finance] Dangote Petroleum Refinery opened its initial public offering on September 14, starting a share sale that could raise ₦2.15 trillion, or about $1.6 billion, in Africa's largest IPO. The company is offering 4.1 billion shares at ₦525 each. The offer closes October 13, with trading on the Nigerian Exchange expected to begin in November....

[The Conversation Africa] When conflict erupted in the Middle East in 2026, the consequences were felt far beyond the region. One was the disruption to Gulf airspace. The ripple effects hit the global aviation network, including Africa....

[The Conversation Africa] AI is beginning to influence how boards of directors make decisions in South African companies. Directors use it to do things like assess financial information, predict market trends or identify potential risks before making strategic decisions....

[RFI] African states invest around $500 million in space programmes annually, a figure expected to reach around $40 billion by 2030. With a number of initiatives already in place, the continent is seeking a seat at the table when it comes to international decisions on space exploration and equal access to the development of technology....

[Capital FM] Nairobi -- The Energy and Petroleum Regulatory Authority has retained fuel prices unchanged for the next 30 days....

[Capital FM] Nairobi -- The Independent Electoral and Boundaries Commission has moved to allay concerns over delays in procuring election technology for the 2027 General Election, saying it still has sufficient time to complete the process and test the systems before polling day....

[allAfrica] Mali built a cotton sector capable of producing, ginning and exporting at scale. Mossadeck Bally argues that this success must now support a more demanding ambition: retain more fibre, begin with spinning and finance industry for the long term....

[This Day] Ortom governed Benue from 2015 to 2023. His latest remarks add to a rivalry that has simmered since Alia took office in May 2023....

[This Day] Kayode Akinyemi highlights how Globacom is deploying superior service, revolutionary products, innovation in the telecoms industry...

[This Day] President of Dangote Industries Limited, Aliko Dangote, has said shares of the Dangote Petroleum Refinery, currently offered at N525, could rise to N10,000 in the future....

[Premium Times] "By doing so, because the company will be very, very large, we will be having 10 per cent of the total America's capacity," Mr Dangote added....

[Premium Times] "With this particular, sterling, historic offer and what I have seen in the data room, where already billions of naira have been subscribed by thousands of investors within minutes or under an hour, you are a blessing to humanity," said Mr Aig-Imoukhuede, a one-time chairman of the bourse....

[allAfrica] Kenya is growing cotton again. But the bigger question is whether it can turn the crop into an industrial engine and keep more of the value at home....

[Daily News] Kahama -- THE Tanzania Electric Supply Company (TANESCO) has uncovered an illegal electricity network supplying 11 miners at Mwime Mine in Kahama Municipality, Shinyanga Region, exposing revenue losses through power theft and unauthorised resale of electricity....