Nigeria’s NAICOM Issues New Licences to 43 Recapitalised Insurers
Nigeria's NAICOM recapitalisation has licensed 43 insurers that met capital floors of up to ₦35bn (about US$26m), leaving up to...
August 6, 2026Section
Africa Energy
From Nigeria’s oil and Mozambique’s and Tanzania’s gas to South Africa’s grid crisis and the solar boom spreading across the continent, energy is where Africa’s growth and its great-power bargaining both play out. The Rio Times covers the oil and LNG deals, refineries, power projects and the transition finance reshaping how the continent fuels itself – with an eye on the capital flows and parallels linking Africa to Latin America’s own energy story. This hub collects our Africa energy coverage for investors and analysts.
Browse by themeAfrica Critical Minerals · Africa Markets & Investment · Africa & Latin America · Africa & the Great Powers · Doing Business & Living in Africa
Bank of America Bets on South African M&A Wave Despite Global Uncertainty
Bank of America expects South African dealmaking to hold up, and has promoted its South Africa investment banking head to...
August 6, 2026
Saudi Arabia’s US$55 Billion EA Buyout Closes
A Saudi-led consortium has completed its $55 billion leveraged buyout of Electronic Arts, taking the FIFA and Madden publisher private...
August 6, 2026
Tanzania Misses Its Own Deadline on a US$42 Billion LNG Deal
Tanzania said it would sign the legal framework for its US$42 billion LNG project before June 2026. The deadline passed...
August 6, 2026
Deep Yellow Pours US$40 Million Into Namibia’s Next Uranium Mine
Deep Yellow Tumas uranium spending hit N$725 million (US$40 million) in the year to June, keeping Namibia's fourth mine construction-ready.
August 6, 2026
Safaricom Ethiopia Races Toward Breakeven With 14.7 Million Customers
Safaricom Ethiopia grew active customers 46% to 14.7 million in the June quarter, halved losses and kept EBITDA breakeven on...
August 6, 2026
Chinese Belt and Road Investment in Africa Hits Record US$33.5 Billion
Chinese Belt and Road investment in Africa jumped 254% to a record US$33.5 billion in H1 2026, two-thirds of global...
August 6, 2026
Ghana Orders Refineries to Pay for Local Crude in Local Currency
Ghana cedi crude payments are President Mahama's answer to a costly dollar rule, telling refineries TOR and Sentuo to pay...
August 6, 2026
DR Congo Mine Deadline Passes With Worker Stakes Undelivered
DR Congo's deadline for mining firms to hand 5% of shares to Congolese workers has passed with no public compliance,...
August 6, 2026