June 10
Nigeria: Dangote Refinery IPO Gets Boost As Standard Bank Commits Funding Support
Leadership
The planned Initial Public Offering (IPO) of the Dangote Petroleum Refinery has received a major boost as Standard Bank Group pledged its support for the listing and expressed… Read more »
Kenya: Unpaid Govt Bills Rise to Sh465.87bn Amid Mounting Debt Ressures
Capital FM
Government agencies accumulated Sh465.87 billion in unpaid bills by March 31, 2026, underscoring persistent liquidity constraints even as the country's public debt stock surged to… Read more »
Botswana: Residents Reject Private Control of Paving Stone Mining
Botswana Daily News
Residents of the KHUMASE lands in Serowe have decried the private mining of paving stones in their area, noting that these resources are known to be a cash cow in other countries. Read more »
Nigeria: Nigeria's Economic Reforms Yielding Gains, but Poverty Levels Remain High - IMF
Premium Times
"Strong reforms over the past three years have yielded improved macroeconomic outcomes and built resilience. Still, conditions for many Nigerians remain difficult," the IMF noted. Read more »
Rwanda: Finance Minister Presents Budget On Thursday - Key Things to Know
New Times
The Minister of Finance and Economic Planning, Yusuf Murangwa, will present to Parliament the national budget for the 2026/27 fiscal year Thursday, June 11. Read more »
Rwanda: RwandAir Enters Codeshare Partnership With EgyptAir
New Times
RwandAir has announced a new codeshare and interline partnership with EgyptAir, aimed at expanding connectivity to Cairo, Rome and Amman via Kigali. Read more »
South Africa: Fingers Pointed At Illegal Miners As Police Hunt Cleveland Mass Shooters
Daily Maverick
SAPS says it's too early to link the mass shooting in Cleveland, Johannesburg, to illegal mining, but community leaders and political parties say syndicates refining illicit gold… Read more »
South Africa: South Africa's Jobs Crisis - What 10 Years of Tax Data Tells Us [analysis]
The Conversation Africa
It's time South Africa faced up to an honest question: what if the formal economy can't deliver the jobs that are needed? Read more »
Africa: AI Regulation in Africa - Why Copying the European Model Won't Work [analysis]
The Conversation Africa
Mauritius set out its national AI strategy in 2018, the first by an African country. Since then over a dozen African states have adopted national AI policies of some sort or… Read more »
Nigeria: Nigeria Raised Electricity Prices to Improve Supply. Why It Hasn't Worked [analysis]
The Conversation Africa
Nigeria's electricity regulator triggered a big tariff shock in April 2024. It increased rates for some consumers by over 240%, citing the cost of producing and delivering power. Read more »
Tanzania: Zanzibar, Singapore Open New Investment Chapter in High-Level Economic Talks
Daily News
Zanzibar, has moved to deepen its economic partnership with Singapore, positioning the island as an emerging investment destination in the Indian Ocean after President Dr… Read more »
Tanzania: Samia Bets On Agriculture to Power Tanzania-Russia Trade Growth
Daily News
PRESIDENT Samia Suluhu Hassan has placed agriculture at the heart of Tanzania's expanding economic partnership with Russia, describing it as the most promising engine for future… Read more »
East Africa: Tanzania-Russia Air Link Set to Unlock Tourism, Trade Boom
Daily News
TANZANIA is poised to deepen its economic and tourism footprint in Russia following the announcement that direct flights between Moscow and Dar es Salaam will commence next month,… Read more »
East Africa: Tanzania Reaffirms Child Labour Fight At UN Geneva Meeting
Daily News
THE government has reaffirmed its commitment to eliminating child labour during an international observance held at the United Nations Office in Geneva, Switzerland. Read more »
Nigeria: Aedc Announces Power Outage in Abuja, Nasarawa Over Tcn Fault
Leadership
The Abuja Electricity Distribution Company (AEDC), has announced a temporary power outage affecting parts of the Federal Capital Territory and Nasarawa State following a technical… Read more »
Malawi: EDF Sets Aside K400 Billion for Gold Purchases As Drive to Boost Forex Gains Momentum
Nyasa Times
The Export Development Fund (EDF) has earmarked K400 billion for gold purchases this year as part of an aggressive strategy to increase Malawi's foreign exchange earnings and curb… Read more »
Gambia: Gender Inequality Costing Gambia Growth, World Bank Reveals
The Point
The World Bank Group has called for urgent action to boost women's economic participation and strengthen public finances, warning that The Gambia risks slowing its development… Read more »
Botswana: Economic Recovery Projects Remain On Course
Botswana Daily News
While the government is currently grappling with sluggish economic growth and Foot and Mouth Disease outbreak, some key priority projects targeted at economic resuscitation, and… Read more »
Liberia: Driver Arrested With U.S.$9k Worth of Tramadol in River Gee
Liberian Observer
The Liberia Drug Enforcement Agency (LDEA) in River Gee County has intensified its anti-drug operations following the arrest of a commercial driver allegedly caught transporting a… Read more »
Africa: African Govts Urged to Dedicate 2 Percent of Annual GDP for Digital Infrastructure Devt
Ghanaian Times
The Deputy Minister of Education, Dr Clement Abas Apaak, has called on African governments to dedicate up to two percent of their annual GDP to digital infrastructure development. Read more »
Liberia: Nigerian Firm Seals N81.6bn Coffee Production Deal With Liberia
This Day
Nigerian agro-development company, JR Firm Group has signed a $60 million (about N81.6 billion) 20-year partnership deal on coffee production with the government of Liberia. Read more »
Kenya: Cotu Accuses Private Pension Firms of Undermining NSSF Reforms
Capital FM
The Central Organization of Trade Unions (COTU) has accused sections of the private pension industry of attempting to undermine ongoing reforms at the National Social Security Fund… Read more »
South Africa: Bill Proposes Foreign Worker Quotas, Tougher Employer Penalties
SAnews.gov.za
The Employment Services Amendment Bill has been introduced to Parliament, proposing significant changes to South Africa's labour market framework, including new measures to… Read more »
Kenya: CBK Ties Next Interest Rate Decision to Inflation Trends
Capital FM
The Central Bank of Kenya (CBK) has indicated that its next decision on whether to raise, maintain or lower the benchmark lending rate will depend on incoming inflation data,… Read more »
Somalia: Somaliland Finance Minister Hosts World Bank Chief for Development Talks
Horn Diplomat
Somaliland's Minister of Finance and Economic Development, Abdillahi Hassan Aden, held talks on Tuesday with a visiting World Bank delegation led by Hideki Matsunaga, the World… Read more »
