Uber Exits the Nigerian and Ugandan Markets
Africa-Press. The American ride-hailing company Uber has ceased its operations in Nigeria and Uganda as of September 2, ending a 12-year presence...
S&P Cuts Senegal Rating over Debt Restructuring Risks
Africa-Press. Standard & Poor's has significantly downgraded Senegal's rating due to "very high" risks of potential debt restructuring. The agency lowered Senegal's...
Rwanda Seeks over $14 Billion to Modernize Agriculture
Africa-Press. Rwanda has announced the launch of key initiatives and long-term financing strategies totaling over $14 billion to transform and modernize its...
Nigeria Approves Africa’S Biggest Share Sale
Africa-Press. The Nigerian Securities and Exchange Commission has approved the initial public offering for the Dangote refinery, paving the way for one...
Ethiopia Plans to Buy 16 Ships for its Fleet
Africa-Press. The Ethiopian Maritime and Logistics Authority announced that Ethiopia intends to purchase 16 new ships at a cost exceeding 83.1 billion...
Morocco Welcomes 14.1M Tourists in 8 Months
Africa-Press. 14.1 million tourists visited Morocco from January to the end of August 2026, marking an increase of 4.5% compared to the...
Algeria Attracts German Energy Giants
Sabrina Ailan
Africa-Press. Algeria is moving to expand its economic and energy partnership with Germany by presenting promising investment opportunities to several major...
Why Senegal Excluded CFA Franc Loans
Africa-Press. The Senegalese government announced a plan to address its debts alongside a preliminary agreement with a local source for a financing...
Kenya: Ruto Orders Tata Chemicals to Leave after 100 Years
Africa-Press. Kenyan President William Ruto has ordered the Indian company Tata Chemicals to leave the country after the government stated that it...
Nigeria could Double Energy Investment within Five Years
Africa-Press. The executive director of a local source stated that Nigeria can double the amount of investments it attracts in the energy...