Business Brief

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Jul 20, 2026

Somalia hands over $250m COVID fraud suspect

Nearly four years after his indictment, the suspect has been returned to the US to face 31 criminal charges.

Jul 17, 2026

🇳🇬 Nigeria bans raw cocoa exports

The country wants to process more cocoa at home, create jobs, and keep more value locally.

Jul 15, 2026

🇳🇬 Dangote refinery adopts dollar pricing

Dangote's latest pricing move raises fresh questions about Nigeria's fuel market and naira-for-crude plan.

Jul 8, 2026

🇿🇦 SA suspends Joburg funding

South Africa halts funding as Johannesburg faces pressure to cut wasteful spending.

Aug 15, 2026

Nigeria opens zero-tariff seafood route to China

The new protocol removes tariffs, but exporters still need to clear China’s inspection, safety and traceability rules.

Aug 14, 2026

AFC raises $430m in Africa-first digital bond

The proposed pact could cut duties on cars, medicines and machinery while opening a larger market for Southern African minerals.

Aug 13, 2026

India and Southern Africa reopen trade talks

The proposed pact could cut duties on cars, medicines and machinery while opening a larger market for Southern African minerals.

Aug 12, 2026

West Africa wants its own fuel price

Regulators say new refining capacity can support a regional benchmark—but only if trade data, storage and rules improve.

Aug 11, 2026

Nigeria’s jollof bill has doubled since 2023

Capital inflows reached a six-year high, but food, fuel and borrowing costs still define daily life.

Aug 10, 2026

Zimbabwe caps gold support at $300M

The government is limiting gold-miner support while trying to keep the ZiG stable and satisfy an IMF-monitored programme.