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Eterna rakes in N1.6 billion profit in Q1 2026, trims costs

🇳🇬 Eterna rakes in N1.6 billion profit in Q1 2026, trims costs

Nigeria finance +0.70 · 08/05/2026

Eterna Plc, one of Nigeria's integrated downstream petroleum players, has delivered a compelling Q1 2026 performance, posting pretax profit of N1.6 bi...

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MICE Tourism in Africa Gets Major Boost as Angola Partners

🇦🇴 MICE Tourism in Africa Gets Major Boost as Angola Partners

Angola trade +0.80 · 08/05/2026

Angola is positioning itself as Africa's premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE) following a strategic partn...

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Mpesa drives growth as Safaricom hits record Sh99.7b profit

🇰🇪 Mpesa drives growth as Safaricom hits record Sh99.7b profit

Kenya telecom +0.85 · 08/05/2026

Brief --- **HEADLINE:** Kenya M-Pesa Revenue Growth 2026: Safaricom Hits Sh99.7B Record Profit **META_DESCRIPTION:** M-Pesa drives 59.2% of Safaric...

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Sudan Invites Indonesian Investment in Agriculture and Food

🌍 Sudan Invites Indonesian Investment in Agriculture and Food

Sudan agriculture +0.70 · 08/05/2026

Sudan is repositioning itself as a critical gateway for Southeast Asian agricultural investment, with Jakarta signaling renewed interest in the Horn o...

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eNCA Business | Market update | 8 May 2026

🇿🇦 eNCA Business | Market update | 8 May 2026

South Africa finance -0.70 · 08/05/2026

South Africa's equity market closed out the week of May 8, 2026, deep in negative territory, with the Johannesburg Stock Exchange (JSE) painting a wal...

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The House of Representatives and the State Council are

🇱🇾 The House of Representatives and the State Council are

Libya finance +0.60 · 08/05/2026

Libya's fractious political landscape has produced an unexpected moment of consensus: both the House of Representatives and the State Council are acti...

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Uganda hails Canton Fair as gateway to trade, investment

🇺🇬 Uganda hails Canton Fair as gateway to trade, investment

Uganda trade +0.75 · 08/05/2026

--- **HEADLINE:** Uganda Trade Expansion 2025: Canton Fair Opens $2B Export Gateway **META_DESCRIPTION:** Uganda leverages Canton Fair to unlock Chi...

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UNDP urges Somalia to boost jobs and essential services

🌍 UNDP urges Somalia to boost jobs and essential services

Somalia macro +0.60 · 07/05/2026

Somalia stands at a critical juncture. The United Nations Development Programme (UNDP) has issued a direct call for substantially increased investment...

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Dada Morero to meet Godongwana amid Joburg's financial woes

🇿🇦 Dada Morero to meet Godongwana amid Joburg's financial woes

South Africa macro -0.75 · 08/05/2026

**South Africa's economic heartbeat is skipping.** Johannesburg, the engine driving 16% of the nation's GDP, faces a critical financial reckoning as N...

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US and South Africa hold talks on mining deals after year

🇿🇦 US and South Africa hold talks on mining deals after year

South Africa mining +0.65 · 08/05/2026

The United States and South Africa have resumed high-level negotiations on mining and resources investments, marking a strategic pivot in Washington's...

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Farmers accuse banks of diverting agric funds to real estate

🇳🇬 Farmers accuse banks of diverting agric funds to real estate

Nigeria finance -0.75 · 08/05/2026

Nigeria's agricultural finance system is facing a credibility crisis. On Thursday, Prince Wale Oyekoya, former Chairman of the Agriculture and Non-Oil...

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Mozambique: European Union ends support for Rwandan troops

🇲🇿 Mozambique: European Union ends support for Rwandan troops

Mozambique energy -0.75 · 08/05/2026

The European Union's decision to end military support for Rwandan forces operating in Mozambique's northern insurgency campaign marks a strategic shif...

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Kenya to spend nearly half of budget on debt servicing

🇰🇪 Kenya to spend nearly half of budget on debt servicing

Kenya macro -0.80 · 08/05/2026

Kenya faces a critical fiscal squeeze as nearly half of its 2026/27 budget—approximately Sh2.3 trillion—will be consumed by debt servicing obligations...

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Mini-grids get tax cut to take on Kenya Power

🇰🇪 Mini-grids get tax cut to take on Kenya Power

Kenya energy +0.70 · 03/01/2022

Kenya's government has approved tax incentives for mini-grid operators, signaling a strategic shift toward distributed energy solutions that could ero...

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India is considering request from Mauritius for energy

🌍 India is considering request from Mauritius for energy

Mauritius energy +0.60 · 17/04/2026

India is actively evaluating a formal energy supply request from Mauritius, signalling a strategic pivot in the Indian Ocean's energy architecture and...

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Kenya to spend nearly half of 202627 budget on debt

🇰🇪 Kenya to spend nearly half of 202627 budget on debt

Kenya macro -0.85 · 08/05/2026

Kenya Debt Crisis 2026/27 --- **HEADLINE:** Kenya's 2026/27 Budget: Half Spent on Debt as Interest Costs Squeeze Growth **META_DESCRIPTION:** Kenya...

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Rwanda to light up 50,000 homes with solar, distribute

🇷🇼 Rwanda to light up 50,000 homes with solar, distribute

Rwanda energy +0.75 · 20/02/2026

** Rwanda is accelerating its renewable energy agenda with an ambitious dual initiative to electrify 50,000 rural and peri-urban homes via solar depl...

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French-backed contractor pulls out of Mali’s largest gold

🌍 French-backed contractor pulls out of Mali’s largest gold

Mali mining -0.85 · 08/05/2026

A major French-backed mining contractor has withdrawn from Mali's largest gold mining operation, putting over 600 jobs at immediate risk and signaling...

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FIH Mauritius Launches Open Offer For 26% Stake In IIFL

🌍 FIH Mauritius Launches Open Offer For 26% Stake In IIFL

Mauritius finance +0.65 · 08/05/2026

FIH Mauritius, the investment arm of a Mauritius-based financial holding company, has initiated an open offer to acquire a 26% stake in IIFL Capital, ...

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Rovuma LNG edges closer to final investment decision as

🇲🇿 Rovuma LNG edges closer to final investment decision as

Mozambique energy +0.85 · 08/05/2026

--- **HEADLINE:** Mozambique Rovuma LNG: ExxonMobil's $150B Project Nears Final Decision **META_DESCRIPTION:** Rovuma LNG final investment decision ...

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