Business Insider

Business Insider » Africa's largest refinery dominates Nigeria’s downstream supply as fuel imports continue to decline
12 May 2026 - Nigeria’s downstream petroleum market is becoming increasingly dependent on the Dangote Refinery as the privately owned facility ramps up production…
Business Insider » BRICS converge in India as South Africa’s envoy joins high-stakes talks on global economic order
12 May 2026 - South African Minister of International Relations and Cooperation Ronald Ozzy Lamola arrived in New Delhi on Tuesday, May 12, 2026, ahead of the…
Business Insider » Africa’s largest airline in talks with Airbus over widebody aircraft as expansion plans accelerate
12 May 2026 - Ethiopian Airlines Group is in early discussions with Airbus SE over a potential aircraft order as Africa’s largest carrier moves to expand its…
Business Insider » Africa loses nearly $90bn annually to illicit financial flows as calls to tighten mining and tax laws deepen
12 May 2026 - Africa loses an estimated $89 billion annually to illicit financial flows, with experts warning that weak tax systems, profit shifting and opaque…
Business Insider » Nigeria stock market jumps 61% in 2026 as banking shares rally
12 May 2026 - Nigeria’s stock market extended its strong rally on Monday, with banking and industrial shares helping lift the benchmark index by 2.33% in a high-…
Business Insider » Bolt hikes Kenya ride fares by 6% as fuel prices squeeze drivers
12 May 2026 - Estonian ride-hailing company Bolt has increased ride fares in Kenya by 6 per cent, becoming one of the first major platforms in the country to…
Business Insider » Kenya targets crypto traders with new disclosure law as Africa’s digital asset boom draws global attention
12 May 2026 - Kenya is preparing to strip anonymity from cryptocurrency trading in one of Africa’s largest digital asset markets, as the government moves to force…
Business Insider » 9 African countries remain under the U.S. “Do Not Travel” warning in May 2026 update
12 May 2026 - Several African countries continue to feature on the highest level of travel risk issued by the United States, with the latest May 2026 update…
Business Insider » Top 10 Africa’s fastest-growing companies, according to latest ranking
12 May 2026 - Across Africa, company growth is becoming one of the clearest signals of where economic momentum is shifting, as businesses scale faster across…
Business Insider » South Africa’s unemployed population hits 8.1 million amid rising migrant tensions
12 May 2026 - South Africa’s unemployment crisis deepened in the first quarter of 2026, worsening economic pressures that analysts warn are fueling renewed anti-…
Business Insider » South Africa's 158-year-old diamond mine is looking for new buyers to save it from extinction
12 May 2026 - South Africa’s Ekapa Diamond Mine, one of the country's oldest and most iconic mining assets, has entered liquidation proceedings following a…
Business Insider » African automakers brace for impact as U.S. moves to ban Chinese car imports
12 May 2026 - A new bipartisan push in the United States to ban Chinese-made vehicles and auto parts could have significant implications for Africa’s growing…
Business Insider » Abdulsamad Rabiu and Johann Rupert in a fierce race to become Africa's next $20b billionaire
12 May 2026 - A fascinating billionaire struggle is taking place at the top of Africa's rich list, as Nigeria's Abdulsamad Rabiu and South Africa's Johann Rupert…
Business Insider » Zimbabwe’s gold ambitions get bigger as state fund seeks $250 million
12 May 2026 - Mutapa Investment Fund, Zimbabwe's state-owned sovereign wealth fund, is looking for $250 million to expand its gold mining activities, signifying a…
Business Insider » Macron declares $27bn investment fund for Africa as France seeks to counter China’s influence
12 May 2026 - President of France, Emmanuel Macron, has declared a €23 billion ($27 billion) investment package aimed at boosting Africa’s energy, agriculture,…
Business Insider » South Africa's president, Cyril Ramaphosa, refuses to back down amid calls for his resignation
12 May 2026 - South Africa’s president, Cyril Ramaphosa, has ruled out stepping down after the Constitutional Court of South Africa reopened investigations into a…
Business Insider » Dangote keeps Kenya refinery plans alive but imposes tough investment terms
11 May 2026 - Aliko Dangote is signaling that he will only proceed with plans for a major oil refinery in East Africa if governments in the region introduce strong…
Business Insider » Dangote plans refinery stock market debut in deal that could raise $5bn
11 May 2026 - Aliko Dangote is targeting a $50 billion valuation for his flagship refinery business ahead of a planned stock market listing in Nigeria later this…
Business Insider » Strait of Hormuz closure has become a "payday" for Africa's richest man
11 May 2026 - The closure of the Strait of Hormuz has turned into a “payday” for Aliko Dangote, as global energy disruptions push up refining margins and increase…
Business Insider » Egyptian billionaire and co-owner of Aston Villa leads negotiations to buy a French soccer team
11 May 2026 - Egyptian billionaire Nassef Sawiris, alongside his fellow co-owner of the English football club, Aston Villa, Wes Edens, is reportedly in the midst…
Business Insider » Nigerian stocks hit record high as banking, Dangote shares power $98 billion weekly trade
11 May 2026 - Nigeria’s stock market climbed to a fresh record in the first week of May, extending one of the world’s strongest equity rallies this year as…
Business Insider » Nigeria’s debt crisis easing on paper, but worsening in reality - Report
11 May 2026 - Nigeria’s debt burden remains dangerously high despite signs of stability in some headline indicators, according to a new report by the Nigerian…
Business Insider » Why Dangote chose Kenya for proposed $17billion East Africa refinery
11 May 2026 - Africa’s richest businessman, Aliko Dangote, is leaning towards Kenya for a proposed $15 billion-$17 billion refinery project after technical…
Business Insider » Nigeria sells $578 million worth of crude to the world's largest consumer market
11 May 2026 - The world’s largest consumer of imported goods, the United States, in the first quarter of 2026, spent $578.78 million on Nigerian crude oil imports.
Business Insider » France faces regional backlash concerns as Macron defends West Africa participation at summit
11 May 2026 - West Africa’s role in global diplomatic engagement has come under renewed scrutiny as political realignments in the Sahel continue to reshape…
Business Insider » With Macron present in Nairobi, Kenya’s president lays out what he wants from France
11 May 2026 - The East African country of Kenya, which is hosting the president of France, Emmanuel Macron, alongside an estimated 30 African leaders at the 2026…
Business Insider » East Africa’s biggest tech infrastructure bet faces delay as Microsoft clashes with Kenya over payments
11 May 2026 - A Microsoft data centre project in East Africa has been delayed after disagreements with the Kenyan government over the company’s request for…
Business Insider » France lands $1 billion Kenya deals as it signals major African return amid Sahel setbacks
11 May 2026 - France has signed more than $1 billion worth of agreements with Kenya as President Emmanuel Macron seeks to deepen ties in East Africa while Paris…
Business Insider » Body of missing U.S. soldier recovered during joint military exercise in Morocco, search continues for second troop
11 May 2026 - A search team has recovered the body of a U.S. soldier who went missing near a cliff during a military training exercise in Cap Draa, the U.S. Army…
Business Insider » Top 5 electricity-producing countries in Africa
11 May 2026 - Electricity generation remains a critical driver of economic growth and industrial development across Africa, with a handful of countries accounting…
Business Insider » EU delegates denied access to Tanzania amid election abuse allegations
11 May 2026 - Tanzania has denied entry to a European Parliament delegation investigating alleged election violence and human rights abuses linked to the country’s…
Business Insider » South African gold miner expands global footprint with $4.3bn acquisition bid in Australia
10 May 2026 - South African gold miner Pan African Resources has launched a R80 billion (about $4.3 billion) acquisition bid in Australia, marking a major step in…
Business Insider » Fuel shocks push Ethiopia deeper into EV transition with 115,000 electric cars already on the road
10 May 2026 - As conflict in the Middle East drives up global fuel prices and creates shortages, Ethiopia is turning to electric vehicles to secure its energy…
Business Insider » South African rhino rancher seeks court approval to send 479 rhino horns to Canada, US, and China despite global trade ban
10 May 2026 - An Afrikaner rhino rancher is seeking approval from a South African court to export 479 rhino horns to eight locations, including Canada, the U.S.,…
Business Insider » Afrikaner rhino rancher seeks South African court’s approval to export 479 rhino horns to Canada, U.S., and China
10 May 2026 - An Afrikaner rhino rancher is seeking approval from a South African court to export 479 rhino horns to eight locations, including Canada, the U.S.,…
Business Insider » Africa’s richest man crosses the $35 billion mark, standing as the world's 65th richest person
10 May 2026 - Aliko Dangote, Africa's richest man, is becoming increasingly wealthier and faster, having crossed the $30 billion mark last year.
Business Insider » Africa's richest man, Dangote, proposes $17B refinery in Kenya despite Ruto's hopes for a regional joint project
10 May 2026 - Aliko Dangote, Africa’s wealthiest businessman, is moving forward with plans to build a $17 billion oil refinery in Kenya, marking a significant step…
Business Insider » Australian mining firm strikes high-grade rare minerals in Namibia’s Kameelburg project
9 May 2026 - Australian mining company Aldoro Resources Ltd has announced the discovery of rare minerals at the site of its Kameelburg project in Namibia.
Business Insider » Africa’s 2nd-largest oil producer suspends operations in key refinery amid unrest
9 May 2026 - Libya, Africa’s second-largest oil producer, has suspended operations at its largest oil refinery after violent clashes erupted near the facility…
Business Insider » African gold mines drive Canadian miner B2Gold Corp.’s $200 million profit surge
9 May 2026 - Robust gold production from Mali and Namibia lifted Canadian miner B2Gold Corp. to a $200 million profit surge, with additional support from…
Business Insider » U.S. solar energy firm plans $750 million power grid expansion across four African countries
9 May 2026 - Renewvia Energy Corp. is expanding its solar-powered mini-grid operations into four African countries as renewable energy providers increasingly move…
Business Insider » Africa's second richest country activates $1M golden visa program to attract 100 high-net-worth individuals globally
9 May 2026 - Mauritius, Africa’s second wealthiest and most peaceful country, has officially launched its highly anticipated $1 million Golden Visa program, aimed…
Business Insider » The 4 African countries best positioned to dominate Africa’s industrial future
9 May 2026 - Industrialization remains one of Africa’s biggest economic ambitions, but a new continental assessment suggests only a handful of countries are…
Business Insider » Algeria’s richest man Issad Rebrab’s Cevital launches $600 million sugar beet project
9 May 2026 - Billionaire Issad Rebrab's Cevital has unveiled a $600 million investment aimed at reviving large-scale sugar beet production in Algeria as the…
Business Insider » All eyes on Africa as soaring gold prices boost mining power and state control, with prices projected to hit $6,300 per ounce
8 May 2026 - Africa is becoming the centre of the global gold rush as soaring bullion prices strengthen its bargaining power, attract international mining…
Business Insider » Nigerian stocks hit fresh record as Dangote Cement leads NGX rally
8 May 2026 - Nigeria’s stock market climbed to another record on Friday, extending a rally that has turned Africa’s largest bourse into one of this year’s…
Business Insider » Ghana plans $1billion local bond sale to stabilise cocoa sector
8 May 2026 - Ghana is preparing to raise about $1 billion through domestic bonds to finance cocoa purchases for the 2026/27 season, as the West African country…
Business Insider » Jumia bets on China imports and Nigeria growth to beat competitors, reach profitability
8 May 2026 - African e-commerce platform Jumia is doubling down on imported goods from China and expanding aggressively in Nigeria as it races to achieve…
Business Insider » Ruto and Macron redefine Africa-France ties as 53-year summit tradition moves outside Francophone Africa for the first time
8 May 2026 - Kenya is set to become the first non-Francophone African nation to host the Africa-France Summit, in a symbolic shift that reflects France’s attempt…
Business Insider » 5 commercial African cities with the lowest climate index
8 May 2026 - A low Climate Index in African cities indicates environments that are frequently less comfortable in terms of temperature, humidity, and…