Nigeria Shuts an Insurer That Could Not Raise Enough Capital
NAICOM revoked the Universal Insurance licence after the company missed Nigeria's new minimum capital requirement. A liquidator was appointed the...
August 20, 2026Topic
West Africa
Ecobank Shrinks Its Board and Drops the Term Limit for Directors
The Ecobank ETI board falls from 15 seats to 12, and the nine-year cap on non-executive directors is gone. Shareholders...
August 20, 2026
Liberia Will Take 1,200 Deportees from the US, Starting Today
Liberia agreed to accept up to 1,200 foreign deportees from the United States. The first group of 20 is due...
August 20, 2026
US Lifts Nigeria Ship Security Restrictions After 12 Years
The US Coast Guard has lifted its Nigeria ship security restrictions after 12 years. Announced on 18 August 2026, the...
August 19, 2026
Mali Industrial Gold Output Jumps 30 Percent in First Half of 2026
Mali gold output rose 30 percent to 23.5 tonnes of industrial gold in the first half of 2026, beating the...
August 19, 2026
Nigerian Defence Startup Terra Industries Raises $52 Million Seed Round
Terra Industries seed round: the Abuja defence-tech startup closed US$52m across three tranches in 2026, one of Africa's largest early-stage...
August 18, 2026
Cabo Verde Airlines cuts US flights during Rhode Island airport works
Cabo Verde Airlines will halve its Providence flights between 11 September and 16 October 2026 because of runway works at...
August 18, 2026
Angélique Kidjo Becomes First African Musician on Hollywood Walk of Fame
Angélique Kidjo receives the 2,854th star on the Hollywood Walk of Fame on 18 August 2026, the first African musician...
August 18, 2026
Nigeria’s Broadband Speed Jumps 155% as Fibre Connections Triple
Nigeria broadband speed jumped 155% to 34.47 Mbps by mid-2026, per Ookla, as fibre-to-the-premises connections roughly tripled since end-2024.
August 18, 2026