Hichilema becomes vice-chair as regional leaders press for greater trade, local investment and industrial production

GABORONE, Botswana — Dangote Petroleum Refinery plans to use Botswana’s stock exchange to offer up to $500 million of refinery-linked shares to investors in Botswana and participating Southern African markets, giving the country a central role in the refinery’s continent-wide share sale. Access Bank Botswana will issue Botswana Depository Receipts (BDRs) linked to shares in the Nigerian refinery. The receipts are proposed for listing on the Botswana Stock Exchange, with tradi

Madagascar has opened a safeguard investigation into imports of sugar confectionery, chocolate, and cocoa-based products, examining whether rising imports are causing serious harm to domestic producers. The probe could lead to temporary trade measures if authorities determine that local industry is being injured.

Dangote Refinery has extended its IPO to October 27, giving investors across Africa more time to participate in a share sale that could raise up to $2.1 billion. The offering is also testing whether the continent can turn retail investor interest into deeper capital markets and funding for major industrial projects.

Photo by the African Union PORT LOUIS, Mauritius — The Africa Credit Rating Agency (AfCRA) was formally launched in Mauritius on Wednesday as an African Union initiative developed through the African Peer Review Mechanism (APRM). AfCRA will provide ratings for sovereign governments, sub-sovereign entities, corporations and other public and private institutions across Africa. According to the African Union, the agency will incorporate African data, expertise and economic conte

SpaceX joined diplomats, lenders and companies at the U.S. Mission to the United Nations event, where Uganda presented a $1.2 billion pipeline of proposed projects.

NEW YORK – The United Nations General Assembly has adopted a landmark resolution designating November 27 as the International Day for the Elimination of Child, Early and Forced Marriage, following sustained advocacy by Sierra Leone’s First Lady, Dr. Fatima Maada Bio. The resolution marks a significant step in global efforts to protect girls from child, early and forced marriage. Attention now turns to implementation, including national legislation, enforcement and community-l

LAGOS, Nigeria — Nigerian billionaire Aliko Dangote has opened ownership of his flagship oil refinery to public investors, launching a roughly $1.6 billion initial public offering that is expected to become the largest IPO in African history and one of the most consequential listings ever undertaken on the Nigerian capital market. Dangote Petroleum Refinery and Petrochemicals opened the offer on Monday, September 14, with 4.1 billion new ordinary shares priced at ₦525 each. I

The African-led resolution urges governments, schools, media organizations and technology companies to move beyond the distorted Mercator projection when comparing the size of continents.

The contest to succeed António Guterres will influence how the United Nations responds to war, debt, climate shocks, human-rights abuses and shrinking development assistance.

New York is expanding legal protections for unaccompanied immigrant children as the city and state push back against expanding federal immigration enforcement. Governor Kathy Hochul announced $7.25 million in state funding for legal services, while Mayor Zohran Mamdani and Attorney General Letitia James outlined broader efforts to support immigrant communities amid an intensifying dispute with Washington.

NYC (GAB) — New York City Mayor Zohran Kwame Mamdani invoked Nelson Mandela’s resistance to apartheid and support for Palestinian freedom as he urged political leaders and the public to extend solidarity to people confronting injustice today, even when doing so carries political or personal costs. Delivering a lecture at the Nelson Mandela Foundation’s Global Leadership Forum in New York City, Mamdani argued that Mandela’s legacy should not be confined to museums, commemorati