Nigeria Approved a US$45 Million Rail Link to Its Lagos Ports. Almost Nobody Noticed
Nigeria ports and rail links are the missing piece around the Dangote refinery. A US$45.3 million line to four Lagos...
August 20, 2026Section
World
A Small Nigerian Refinery Has Been About to Start Making Petrol Since 2024
Aradel petrol production at the Ogbele refinery is now promised for 2027. The same unit was called mechanically complete in...
August 20, 2026
Egypt Sets New Rules for Short Selling on the EGX Stock Exchange
Short selling on the EGX has a new rulebook: Egypt's regulator set 150% cover, a 40% free-float ceiling and an...
August 20, 2026
A.P. Moller Capital Agrees to Buy Control of a Moroccan Logistics Group
A.P. Moller Capital has agreed to buy control of Globex Investissement, a Moroccan logistics group, in a deal that still...
August 20, 2026
Egypt’s El Gouna Film Festival Names Ten Films, Led by Berlin’s Golden Bear
El Gouna Film Festival named the first ten titles of its ninth edition, running 15-23 October on Egypt's Red Sea...
August 20, 2026
Republic of the Congo Oil Contracts Lock In a US$90 Windfall Trigger
Republic of the Congo oil contracts get a single US$90-a-barrel windfall trigger for their full term, under four bills approved...
August 20, 2026
Exxon Commits US$1.1 Billion to Mozambique’s Rovuma LNG Before Final Decision
ExxonMobil and its Area 4 partners have awarded about US$1.1bn in pre-investment contracts for Rovuma LNG in Mozambique, before any...
August 20, 2026
Nigeria Cement Prices Probed as Regulator Summons the Biggest Producers
Nigeria cement prices rose from about US$7 a bag in January to as much as US$11 by July. The FCCPC...
August 20, 2026
Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day
The Ethiopia birr fell to a record low near 162 per dollar, and the central bank called a US$500m special...
August 20, 2026