May 29
Nigeria: Fiscal Blues - Massive Revenue Increase, Poor Budget Performance
Vanguard
President Bola Tinubu did not leave anyone in doubt when he promised to significantly increase the revenue of the federal government under his administration. He set the tone on… Read more »
Liberia: Transport Ministry Rejects Claims of Attempted License Plate Seizure
Liberian Observer
The Ministry of Transport has dismissed as "entirely false and misleading" allegations circulating on social media that officials of Liberia Traffic Management Incorporated (LTMI)… Read more »
Liberia: GC, Partners Validate Local Content Policy to Boost Liberian Businesses and Jobs
Liberian Observer
The Governance Commission (GC), in collaboration with the National Bureau of Concessions (NBC), National Investment Commission (NIC), Ministry of Commerce and Industry (MoCI),… Read more »
Nigeria: Tetfund, Army Deepen Partnership to Boost Education, Security, Technology Education
This Day
The Executive Secretary of Tertiary Education Trust Fund (TETFund), Arc. Sonny Echono, has reaffirmed the agency's commitment to strengthening collaboration with the Nigerian Army… Read more »
Nigeria: VC - FUL to Establish Centre for Artificial Intelligence, Robotics, Cyber Sciences, Secures N3bn Tetfund Intervention
This Day
The new Vice Chancellor of Federal University, Lokoja, Professor Gbenga Ibileye, has disclosed that a total of N3 billion Tertiary Education Trust Fund TETFund intervention has… Read more »
Kenya: Absa Kenya's Posts Sh5.3 Billion in Profit After Tax in Q1 On Customer Deposits
Capital FM
Absa Bank Kenya has posted a profit after tax of Sh5.3 billion for the three months ending March 2026, driven by growth in customer deposits and an expansion of its balance sheet… Read more »
Nigeria: Aviation Fuel - Domestic Airlines Imperilled Despite Hike in Flight Ticket
This Day
There are strong indications that some Nigerian airlines are in danger of going under unless the price of aviation fuel is reduced. Read more »
Africa: Spiro Acquires Coexlion to Build Africa EV Motorbike R&D Hub
Daba Finance
Spiro acquired UK-based engineering firm Coexlion for an undisclosed sum as the electric motorcycle company moves to build its first African research and development centre in… Read more »
Kenya: Enwealth Receives CMA Approval to Operate As Corporate Trustee
Capital FM
Enwealth Trustees Services Limited has received approval from the Capital Markets Authority to operate as a licensed corporate trustee in Kenya, expanding the number of firms… Read more »
May 28
Kenya: Ruto Denies Forcing Transport Leaders to Call Off Strike, Defends Fuel Subsidy Strategy
Capital FM
President William Ruto has denied claims that his administration pressured transport sector leaders into calling off their strike, insisting the decision was reached voluntarily… Read more »
Namibia: 70% of Namibians Too Poor to Buy a House
Namibian
LESS than 10% of the working population owe banks N$45.1 billion in home loans. Read more »
Africa: All of Africa Today - May 28, 2026
allAfrica
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Ghana: Atlantic Lithium - the Strategy Opportunity That Ghana Could Not Afford to Lose
Ghanaian Times
Chinese lithium battery materials giant Zhejiang Huayou Cobalt Co. Ltd. is reportedly in the final stages of acquiring Australia's Atlantic Lithium Ltd. in a $210 million all-cash… Read more »
South Africa: Rising Student Debt Sparks Concern As Universities Withhold Academic Records and Certificates [press release]
Parliament of South Africa
Student debt has become a major concern affecting the whole post-school education system value chain. Everyone is affected, not just students and university administrations but… Read more »
Rwanda: Kigali Fashion Week Returns With Call for Investment
New Times
Kigali Fashion Week officially returned on May 27 after a six-year hiatus, with organisers using the comeback to call for greater investment in Rwanda's growing creative industry. Read more »
Africa: AfDB Flags Widening Trade Finance Gap for African SMEs
New Times
Small and medium-sized enterprises (SMEs) across Africa continue to face tighter lending conditions, higher collateral requirements, and limited access to formal trade finance… Read more »
Kenya: Mbadi Quizzed On Revenue Projections As Deficit Hits Ksh1.1 Trillion
Capital FM
NAIROBI, Kenya, May 28 -- Members of the Budget and Appropriations Committee have raised sharp concerns over revenue shortfalls, healthcare accountability and mounting fiscal… Read more »
South Africa: A Joburg Budget That's Heavy On Tariff Increases and Light On Infrastructure Spend
Our City News
A 2026/27 Johannesburg budget with huge tariff increases for residents and ratepayers, a R8.8 billion allocation to address critical infrastructure while there is a R185 billion… Read more »
Nigeria: Nigeria Pushes $7bn Aviation Transformation Plan At AfDB High-Level Session
Leadership
Nigeria's minister of Aviation and Aerospace Development, Festus Keyamo, on Thursday in Brazzaville, Congo, advanced the country's aviation reform agenda at a high-level dialogue… Read more »
Liberia: Liberia Traffic Management Incorporated Categorically Denies False Allegations Circulating in the Media
Liberian Observer
Liberia Traffic Management Incorporated (LTMI) has strongly denied allegations circulating in sections of the media claiming that the company attempted to forcibly seize vehicle… Read more »
Angola: Angola Intends to Reach 9.000 Megawatts of Energy Production By 2027
ANGOP
The Angolan government intends to increase electricity production from 6,400 to 9,000 megawatts (MW) by 2027, the period established for the completion of the Caculo Cabaça… Read more »
Zimbabwe: Mnangagwa Mourns Road Crash Victims
263Chat
President Emmerson Mnangagwa has expressed sorrow following a series of fatal road accidents that claimed 24 lives in a single day describing the incidents as a national tragedy… Read more »
Kenya: Why Millions of Young Kenyans No Longer Believe in the Traditional Job Path
Capital FM
Walk through Nairobi's CBD at 6am and you will see the real face of Kenya's economy. Read more »
South Africa: South Africa's Fuel Supply and the Iran War - Data Black Holes and Low Strategic Stock Put the Country At Risk [analysis]
The Conversation Africa
The supply of crude oil to the world had been reduced by about 7.5% to 10.1% by March 2026 in what the World Bank described as the largest oil market disruption in history. The… Read more »
Nigeria: Telecom Giants Airtel, Glo Resume Airtime Lending in Nigeria
Daba Finance
Airtel and Globacom have resumed airtime lending in Nigeria after the country's consumer protection regulator suspended enforcement of digital lending rules that had disrupted the… Read more »
