Dangote Petroleum Refinery & Petrochemicals FZE, which owns Africa’s biggest crude-processing facility in Nigeria, is offering investors based in the continent’s east an almost 20% share its initial public offering that could raise as much as $300.4 million.

Quickmart Plc, one of Kenya’s leading supermarket chains, plans to list on the main market of the Nairobi Securities Exchange to allow some current investors to reduce their stake.

The Ethiopian Securities Exchange has given in-principle approval for 11 listings, almost tripling the number of publicly traded firms if all of them come to market.

The Lusaka Securities Exchange will introduce its first-ever exchange-traded fund before the end of October, giving Zambian investors exposure to gold.

Kenya Airways Plc said it’s weeks away from unveiling a proposal to sell a stake to a strategic investor, almost a decade after the flag carrier first embarked on the plan.

Funds invested by Kenyan banks in government securities rebounded last year, signaling renewed balance-sheet expansion in the industry.

East Africa’s biggest bourse plans to offer a variety of exchange-traded funds to meet demand from investors, Nairobi Securities Exchange Chief Executive Officer Frank Mwiti said.

East African Breweries Plc’s annual profit grew at the fastest pace in four years, even as accelerating inflation in its home market Kenya eroded spending power.

Kenya’s biggest lenders are saddled with a stubborn asset-quality bottleneck: a mountain of state arrears that is chocking private-sector liquidity and keeping bad loans high, even as overall banking conditions improve.

Heat waves are baking famous sports grounds.

Kenya is advancing plans to set up an exchange to trade carbon credits in the nation and East African region in the next 12 months as it looks to position itself as a hub for environmental finance on a continent wanting to monetize its vast natural resources.

The International Energy Agency announced $900 million of fresh commitments for clean cooking in Africa, as efforts toward universal access to non-harmful means of food preparation gain momentum.

South Africa’s parliamentary speaker, Thoko Didiza, will file court papers explaining the legislature’s position in President Cyril Ramaphosa’s bid to halt impeachment proceedings against him, while a parliamentary committee said it will oppose the application.

Equatorial Guinea’s President Obiang Nguema Mbasogo reappointed Manuel Osa Nsue Nsua as prime minister, four days after he and the rest of the central African nation’s cabinet resigned after failing to meet performance targets.

Uber Technologies Inc plans to double its fleet of electric motorcycles in Kenya by the end of the year, as the company races toward becoming a zero-emissions mobility platform globally by 2040.

Uber Technologies Inc plans to double its fleet of electric motorcycles in Kenya by the end of the year, as the company races toward becoming a zero-emissions mobility platform globally by 2040.

Historic neighborhoods are being razed to make way for high rises, and the government doesn’t have a plan for relocating evicted residents.

Kenya is in talks with the US on Ebola-related health cooperation after media reports that the Trump administration is planning to send Americans exposed to the virus to a quarantine facility in the East African nation being built by the US military.

Kenya may be forced to cut spending in its next fiscal budget as rising debt-service costs, limited tax options and tighter borrowing constraints strain the Treasury’s financing plans.

Kenya may be forced to cut spending in its next fiscal budget as rising debt-service costs, limited tax options and tighter borrowing constraints strain the Treasury’s financing plans.