June 01
Nigeria: Zichis Eyes Additional N540m Monthly Earning, Animal Feed Capacity Appreciates
This Day
Zichis Agro-Allied Industries Plc is ramping up production capacity and expanding its land bank, with the company's animal feed production scaling up to five tonnes per hour,… Read more »
Nigeria: Heirs Insurance Votes N11.5m for Essay Competition
This Day
In a deliberate efforts to create insurance awareness among Nigerian youths, Heirs Insurance Group, has voted N11.5 million prize for students and teachers across the country for… Read more »
Nigeria: Stock Market Sentiment to Remain Broadly Cautious in June
This Day
Capital market analysts have urged investors to trade cautiously in the Nigerian equities market in June 2026, shifting focus to fundamentally strong stocks with attractive… Read more »
Nigeria: Amid Excess Liquidity, Banks Deposit With CBN Drops to N91.1trn
This Day
Following excess liquidity in the financial sector, banks' deposit with the Central Bank of Nigeria (CBN) stood at N91.1 trillion in May 2026, about 0.4 per cent decline from… Read more »
Nigeria: CPPE to FG - Convert Three Years of Successful Economic Reforms to Inclusive Growth, Better Quality of Life for Nigerians
This Day
The Centre for the Promotion of Private Enterprise (CPPE) has commended President Bola Ahmed Tinubu's administration for achieving the core objectives of its economic reform… Read more »
May 31
Uganda: Explainer - Why Uganda Bars Dual Citizens From Holding These High Offices
Nile Post
The controversy over dual citizenship has returned to the centre of Ugandan politics as President Museveni's latest cabinet appointments head into parliamentary vetting. Read more »
South Africa: Roads, Shops, Factories and Homes Threatened By Sinkholes As Illegal Mining Hollows Out Joburg
Daily Maverick
Sinkholes are collapsing major arterial roads, opening inside upmarket residential estates and even beneath shops and factories as illegal miners tunnel under Johannesburg, forcing… Read more »
Mali: Moody's Cuts Mali Outlook to Negative On Security Deterioration
Daba Finance
Moody's lowered its outlook on Mali's sovereign debt rating to "negative" from "stable" on May 29, 2026, while affirming the long-term issuer rating at Caa2 in both local and… Read more »
Nigeria: Peter Obi Emerges NDC Presidential Flag Bearer, Pledges 10,000mw Power Boost
Premium Times
Mr Obi emerged on Saturday at the party's convention in Abuja. Read more »
South Africa: Nine Thousand Social Workers Are Unemployed, and a Million Learners Are in Crisis
Daily Maverick
A recent parliamentary reply from Basic Education Minister Siviwe Gwarube reveals a stark reality: just 761 social services professionals are left to cover South Africa's entire… Read more »
Nigeria: Economic Reforms Yet to Fully Impact Businesses, Says Neca
Vanguard
The Nigeria Employers' Consultative Association (NECA) says businesses across the country are yet to fully experience the expected benefits of the Federal Government's ongoing… Read more »
South Africa: SARS Finalises China Zero-Tariff Scheme Framework
SAnews.gov.za
The South African Revenue Service (SARS) has announced that both the legal and operational frameworks required to administer China's temporary zero-tariff scheme have been… Read more »
Nigeria: Again, Dangote Refinery Cuts Petrol, Diesel Prices
This Day
The Dangote Petroleum Refinery and Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS), better known as petrol, and Automotive Gas… Read more »
Zimbabwe: Backyard Laboratory for Cough Syrup Manufacturing Busted in Harare
New Zimbabwe
TWO suspects have been arrested in Harare following the discovery of a backyard laboratory used for the illegal manufacture of unregistered cough syrups. Read more »
Namibia: President Highlights the Importance of Local Manufacturers
Namibian
The Namibian public and the local pharmaceutical fraternity should be encouraged by president Netumbo Nandi-Ndaitwah's recent visit to Fabupharm amid the ongoing shortage of… Read more »
Zimbabwe: State Agents Accused of Bashing Workers At Zambezi Gas
New Zimbabwe
Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) and the Centre for Natural Resource Governance (CNRG) have accused suspected State security agents of brutally… Read more »
Kenya: Inside Kenya's Manufacturing Squeeze As Production Costs and Imports Rise
Capital FM
NAIROBI, Kenya, May 31 - Kenya's manufacturing sector is grappling with rising production costs, growing import competition and weakening demand, raising fresh questions about the… Read more »
Ethiopia: Emeritus Prof. Al Mariam Says Ethiopia Marching Fast Toward Promised Land of Prosperity
ENA
Ethiopia is moving rapidly out of poverty toward the promised land of prosperity, according to Emeritus Professor Al Mariam. Read more »
Senegal: BRVM Benchmark Index Hits New All-Time High
Daba Finance
The BRVM ended the week higher even as public holidays reduced trading to 3 sessions and cut market activity. The BRVM Composite rose 1.07% to 425.54 points, a new record high,… Read more »
Niger: Niger Secures Concessions From China's CNPC As Oil Output Stabilizes
Daba Finance
Niger concluded new memoranda of understanding with Chinese partners on May 18, 2026, ending a year of tensions with China National Petroleum Corporation (CNPC), the world's… Read more »
Congo-Brazzaville: Congo Signs $500m Financing Deal With Badea for Infrastructure
Daba Finance
The Republic of Congo signed 2 financing agreements totalling $500 million (282 billion XOF) with the Arab Bank for Economic Development in Africa (BADEA) in Brazzaville on May 27,… Read more »
Gabon: afg Bank Gabon Net Profit Rises 30 Percent in 2025
Daba Finance
AFG Bank Gabon, a subsidiary of Atlantic Financial Group, posted a net profit of 31.25 billion XOF for the year ended December 31, 2025, up 30% from 24.01 billion XOF a year… Read more »
Africa: Beyond Infrastructure - Training the Biosecurity Leaders Africa Needs
Daily Maverick
As natural outbreaks, laboratory accidents and the deliberate misuse of biological agents converge into an increasingly complex threat environment, Africa's ability to prevent,… Read more »
Cameroon: Alucam Cameroon Returns to Profit in 2025 After Record 23.8b Xof Loss
Daba Finance
Cameroon Aluminum Company (Alucam), the country's sole primary aluminum producer founded in 1957, returned to profit in 2025 with a net income of 279.3 million XOF, reversing a… Read more »
Nigeria: My Tattoos, Earrings Cost Me Roles in Financial Sector' - Farooq Oreagba
Leadership
The Managing Director of NG Clearing Limited, Farooq Oreagba, has stated that wearing tattoos and earrings cost him several high-level career opportunities in Nigeria's corporate… Read more »
