By Rédaction Africanews and AP Africa’s richest man hailed Monday’s share sale of his Nigerian oil refinery as an opportunity to create value for millions of people across Africa. Aliko Dangote was speaking at the Nigeria Stock Exchange in Lagos as the initial public offering of the company went live: “Today is a historic day not only for the Dangote Petroleum Refinery and the Dangote Group, but also for Nigeria’s capital market and, by and large, Africa and indeed every Nigerian and African who believes in the promise of our nation.” The offering is slated to be the biggest IPO in…
Author: Montage Africa
By AFP Cape Verde President Jose Maria Neves will run for a second five-year term in the country’s November elections, he announced Monday. The west African archipelago nation, located in the Atlantic Ocean off the coast of Senegal, heads to the polls on November 15. Neves, 66, served as prime minister from 2001 to 2016 and was elected president in 2021. The president of the National Assembly, Janira Hopffer Almada, will serve as interim president of Cape Verde for the next two months now that Neves has made his announcement. “I will run for a new five-year term to put…
By Rédaction Africanews with AFP To fight the ever-present problem of rubbish choking the public space in Kinshasa and other vicinities, the country has found an unlikely solution: ex-criminals drafted into the National Service to clean the streets. But is this measure really that efficient? Brooms in hand and faces covered in tattoos, the cleaning crew got hard to work clearing the rubbish that choked a boulevard in central Kinshasa. “Come on! Get to work!” an army officer barked, as two of the members he was supervising put down their tools for a brief break. In a vast city without…
By AP Nearly 94,000 people have fled their homes in Yemen since fighting between Houthi rebels and government forces intensified this month, according to the International Organization for Migration. The worst-hit areas are Taiz and Lahj governorates, where more than 48,000 people have been displaced. The UN migration agency is calling for urgent support to provide shelter, clean water and sanitation for families forced from their homes. More than 2,000 people have also crossed the sea into neighbouring Djibouti, arriving in small boats along the country’s northern coast. IOM teams have been helping new arrivals ashore, distributing food and providing…
It is difficult to imagine an electric powerboat racing series capturing the attention of an Angolan audience for whom football and basketball is king, but the presence of NBA royalty LeBron James certainly helped. The 41-year-old was among the A-listers in Luanda as the E1 World Championship rolled into southern Africa for the first time at the weekend, having made its debut on the continent last year in Lagos, Nigeria. “It’s not a short trip, but he [LeBron] is here because he believes in what we’re doing,” E1 chief executive Jamie Copas told BBC Sport Africa in the Angolan capital.…
South African police have confirmed the death of a jogger, who went missing during a routine run last week, sparking a nationwide appeal for help finding her. The body of Elizabeth Moselakgomo was identified by her relatives on Monday after it was discovered east of Johannesburg on Saturday. She is one of five women whose bodies have been found half-naked and bruised in the same area, Kempton Park. Police said they were not linking the deaths to a serial killer but added that the “similarities are sufficiently concerning… to issue a public warning”. A jogger who knew Moselakgomo through their…
A pack of African wild dogs has completed a record-breaking 2,485-mile (4000km) journey across Zambia. Scientists say it is the furthest recorded distance for any African land mammal searching for a mate, offering hope that wildlife can travel across vast distances despite growing human pressures. The three brothers zigzagged across Zambia, navigating a landscape increasingly shaped by people and avoiding obstacles including major cities. However, other wild dogs tracked with GPS collars in the study died in illegal snares, underlining the dangers they face. Education Images/Universal Images Group/Getty Images Spreading human communities break up their once-vast roaming grounds Three sisters…
Nigerian billionaire Aliko Dangote has launched Africa’s largest ever share sale, offering a stake in his oil refinery to the general public in a deal that could raise as much as $2.1bn (£1.6bn). The initial public offering (IPO) is for roughly 3% of the Dangote refinery, with the billionaire saying he wanted to give ordinary Nigerians the chance to share in the plant’s success. The refinery, which started production in 2024, is one of the largest in the world and took more than a decade to complete. It now supplies more than 70% of Nigeria’s energy consumption, and many Nigerians…
An AI-generated version of the hit US cartoon character SpongeBob SquarePants has recently become the unlikely star of a controversial online trend by Egyptians criticising living conditions, amid strict rules about political dissent. A wave of satirical postings began last month with a Facebook group dedicated to “Complaints of the Residents of al-Hamour Bottom” – the Arabic name used for SpongeBob’s underwater home, Bikini Bottom. Soon images were showing Egypt’s President, Abdul Fattah al-Sisi, as the money-grabbing Mr Krabs, a seabed overcrowded by tuk-tuks (automated rickshaws), and schoolgirl fish being sexually harassed by sleazy, male fish. Other posts prompted comments…
By AP Kenya’s quest to host an Africa Recording Academy headquarters received a boost Friday when the Recording Academy officials said plans to set the ball rolling on key milestones were underway and that Kenyan mentee artists would travel to the United States next month. Recording Academy President Panos A. Panay, speaking after a meeting with Kenyan President William Ruto on Wednesday, said Africa’s place in the global music industry was a project that could not be measured by a single launch date, but by the work being put into building the foundation. At a panel discussion with various creative…