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Ethiopia is pulling back from foreign loans. Should local capital holders be nervous?

Ethiopia Prime Minister Abiy Ahmed

Top Stories


Who wins and who loses as Dangote attempts to build a new refinery in Kenya

The proposed refinery could reshape fuel trade across East Africa, and create new competitive pressures for existing suppliers.

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Big Oil races for FIDs in Nigeria’s four greenfield ahead of 2029 tax incentive deadline

Nigeria’s deepwater oil sector, dormant for more than a decade, is drawing renewed attention from the world’s largest oil companies as a 2029 deadline for the country’s most generous tax credits pushes operators toward a wave of final investment decisions.

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Renaissance’s new oil discovery offers early test for Nigeria’s post-divestment oil industry

When Shell and other international oil companies began selling some of their Nigerian assets, the debate was never really about ownership. The bigger question was what would happen next. Could indigenous operators simply maintain production from ageing fields.

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Insider: How Tanzania, Uganda lost $17 billion Dangote refinery lobby to Kenya

Dangote’s decision to anchor his second mega-refinery on Kenya’s northern coast came only after a monthslong, three-way contest with Uganda and Tanzania that exposed how differently the three East African neighbors compete for the same investor

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Bitnob

Built for the World’s Hardest Payment Markets, Bitnob Expands Its Infrastructure Platform for Global Businesses

Most financial infrastructure was built in markets where payments already…

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Fuelmtrics Limited

Eterna Plc Launches Self-Service Fuel Stations in Partnership with Fuelmetrics Limited

Eterna Plc and Fuelmetrics launch self-service fuel stations in Nigeria,…

Eterna Managing Director/CEO, Olumide Adeosun, unveils self-service fuel terminal
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Bujeti

Bujeti launches tax management tool to drive compliance for Nigerian businesses

Y Combinator-backed fintech Bujeti has launched a tax management product…

Bujeti launches Tax Management product || Image source:
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Cardtonic

Cardtonic Introduces Platinum Card to Unlock Global Contactless Payments for Everyday Users

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

Cardtonic card
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Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Credit Direct (1)
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Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Credit Direct Yield
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Rana Energy

Rana Energy Fuels Africa’s Clean Energy Revolution with $3M Pre-Seed for AI-Powered Digital Utility

Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…

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Schneider Electric

Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads

Schneider Electric, the leader in the digital transformation of energy…

Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads
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All-On

All-On canvases increased funding of renewable energy projects

Lagos, Nigeria – August 26, 2025 – All On, a Shell-funded…

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Bitnob

Built for the World’s Hardest Payment Markets, Bitnob Expands Its Infrastructure Platform for Global Businesses

Most financial infrastructure was built in markets where payments already…

BY
Fuelmtrics Limited

Eterna Plc Launches Self-Service Fuel Stations in Partnership with Fuelmetrics Limited

Eterna Plc and Fuelmetrics launch self-service fuel stations in Nigeria,…

Eterna Managing Director/CEO, Olumide Adeosun, unveils self-service fuel terminal
BY
Bujeti

Bujeti launches tax management tool to drive compliance for Nigerian businesses

Y Combinator-backed fintech Bujeti has launched a tax management product…

Bujeti launches Tax Management product || Image source:
BY
Cardtonic

Cardtonic Introduces Platinum Card to Unlock Global Contactless Payments for Everyday Users

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

Cardtonic card
BY
Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Credit Direct (1)
BY
Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Credit Direct Yield
BY
Rana Energy

Rana Energy Fuels Africa’s Clean Energy Revolution with $3M Pre-Seed for AI-Powered Digital Utility

Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…

BY
Schneider Electric

Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads

Schneider Electric, the leader in the digital transformation of energy…

Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads
BY
All-On

All-On canvases increased funding of renewable energy projects

Lagos, Nigeria – August 26, 2025 – All On, a Shell-funded…


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Other highlights


Africa’s FDI race: Which nations are the biggest investment destinations?

Africa remains a key destination for foreign investors with long-term ambitions. In 2025, foreign direct investment (FDI) inflows added about $70 billion to the region’s economy despite a decline in mega one-off deals.

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Nigeria’s jet fuel sufficiency is not without a domestic cost

Nigeria became Europe’s top jet fuel supplier in June, exporting 466,000 tonnes worth $553 million. But even as scarcity fades, airlines still face high fuel costs, and passengers are still paying steep airfares.

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Why Nigerians are still waiting for relief from lower oil prices 

Oil prices have dropped to near pre-war levels after Middle East tensions eased, but Nigerian fuel pump prices remain stubbornly high, leaving millions of Nigerians still waiting for the relief that lower crude costs were supposed to bring.

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Why Kenya’s new finance bill may shake up East Africa’s sugar trade

Kenya’s new Finance Act 2026 is reigniting fresh debate across the region. The law raises the excise duty on imported sugar by more than 300%. Exporters say levy will significantly increase accessing one of East Africa’s largest sugar markets.

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