Competing head-to-head with established global giants requires an incredibly aggressive pricing strategy to get noticed.

Tanzanian billionaire Mohammed Dewji is planning a $50 million soft drinks plant in Mombasa, Kenya, to challenge Coca-Cola and PepsiCo. His strategy relies on undercutting the competition by selling 300-millilitre bottles of Mo Cola for 15 shillings, compared to the standard 40 shillings charged by rivals.

The main thought that comes to mind now is whether this strategy will be able to force genuine competition with global brands. Guess we'll see.

Russian titanium producer VSMPO-AVISMA will supply welded titanium pipes for Egypt’s El Dabaa nuclear power plant.

The corrosion-resistant pipes are being manufactured for seawater-cooling and heat-exchange systems at the Mediterranean coastal facility. Built by Russia’s state nuclear corporation Rosatom, the four-reactor plant will use VVER-1200 technology.

Electricity generation from the first reactor is scheduled to begin in 2028, with full project completion targeted for 2030.

The development underscores the deep infrastructure and energy ties between Egypt and Russia following Cairo's admission into the BRICS bloc in 2024.

🇰🇪 East Africa’s richest man takes on Coca-Cola and Pepsi with $50 million soft drinks manufacturing plant in Kenya

Tanzanian billionaire Mohammed Dewji’s MeTL Group is investing $50 million to build a soft drinks plant in Mombasa, Kenya. The facility will produce Mo Cola, Mo Xtra, and Mo Malto to challenge Coca-Cola and PepsiCo.

By pricing 300ml bottles significantly lower than rivals, the strategy targets low-income, mass-market consumers. Construction is expected to begin within a year.

🇲🇦 Africa’s wealthiest monarchy tightens succession plans as Crown Prince El Hassan takes on military role once held by King Mohammed VI

Morocco’s Crown Prince Moulay El Hassan has been appointed coordinator of the Royal Armed Forces’ general staff offices. This strategic military role mirrors the succession path of his father, King Mohammed VI.

The appointment increases the prince's governance responsibilities as the wealthy monarchy positions him as a symbol of stability amidst youth-led economic protests.

🇿🇼 India’s Cola King and billionaire Ravi Jaipuria opens $40 million manufacturing plant in Southern Africa

Indian billionaire Ravi Jaipuria has opened a $40 million snacks, juice, and dairy manufacturing complex in Zimbabwe through Varun Beverages. This follows a $125 million acquisition of South African beverage producer Twizza.

Jaipuria also announced a $650 million five-year investment plan for Zimbabwe, which includes significant projects in recycling and renewable energy.

10 African countries with the highest fuel prices in May 2026

Global fuel prices rose month-on-month from an average of $1.48 to $1.51 per liter. Prices fell in Malawi and Zimbabwe but rose in Rwanda, Central African Republic, and Senegal. Cabo Verde, Tanzania, Seychelles, and South Africa have now entered the top 10 highest priced list.

Source: Global PetrolPrices

🇳🇬 Nigeria to host Airbus aviation hub, fast-track Apache helicopter delivery in security-driven reforms

Nigeria is set to host an Airbus maintenance and hangar facility following a proposal welcomed by President Bola Tinubu.

To address security challenges and boost counterterrorism efforts, the government is also fast-tracking the delivery of three previously ordered Apache attack helicopters.

Plans also include acquiring Airbus C-295 tactical military transport aircraft and establishing a domestic aviation leasing company.

🇸🇩 Qatar restarts Sudan mining operations after war disruption, targeting $800 million copper project

Sudan's Ministry of Minerals has allowed Qatari mining companies to resume operations after halting in April 2023 due to the civil war. A key focus is an $800 million copper project.

Concessions are limited to safe regions like the River Nile, Khartoum, and Northern states. To support foreign firms, Sudan plans to shift the sector from small-scale artisanal mining to organized, large-scale mining.

Africa is home to roughly 1.58 billion people, which means nearly 1 in every 5 people on Earth (about 19.1% of the global population) is African. What's even more staggering is the future trajectory.

While populations in continents like Europe are already shrinking, United Nations projections show that Africa's population will more than double by 2070.

By the end of this century, the UN expects Africa to account for nearly 40% of the entire human population.