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Tanzania’s sole billionaire seeks a $100 million role in Africa’s richest man’s $17 billion project

The Tanzanian billionaire recently disclosed his intentions to invest $100 million in Dangote’s planned refinery in Kenya. “I…

2 days ago

Kenya Pension Schemes Post Record KSh16.6 Billion Capital Gains | Dawan Africa

Kenya July 8 2026 - Kenya's pension industry posted a record KSh16.6 billion in capital gains from the sale of…

4 days ago

World Bank warns $113 billion Gulf investment in Africa at risk amid Middle East conflict

Investment momentum from the Gulf to Sub-Saharan Africa, worth about US$113 billion (Sh14.59 trillion), is at risk of slowing, the…

1 week ago

Kenya signs $1.2 billion deal with Chinese firm to expand Nairobi airport

A general view shows of the Jomo Kenyatta International Airport, in Nairobi, Kenya September 10, 2024. REUTERS/Thomas Mukoya NAIROBI, June…

1 week ago

Kenya overhauls disaster financing after Sh188 billion flood losses stall economic recovery

The government is overhauling its disaster financing system after floods in 2023 and 2024 caused losses estimated at Sh187.82 billion…

2 weeks ago

Kenya Unveils Ksh 29.4 Billion AFCON 2027 Plan as Preparations Gather Pace

President William Ruto has committed Sh29.4 billion in the Finance Bill 2026 to boost Kenya's preparations for AFCON 2027. Kenya…

2 weeks ago

Who are the 11 Black Fortune 500 CEOs leading companies worth $432 billion?

Thasunda Brown Duckett says she learned everything she needed to know about being a CEO at a young age.  The…

3 weeks ago

Africa’s richest man hints at being worth more than Forbes says he is, dismissing $38 billion

Dangote made the statements during a street interview with James Dumoulin, the founder of the School of Hard Knocks…

3 weeks ago

Kenya denies Chivayo role in KSh375 billion JKIA deal

Kenya's Cabinet Secretary for Transport has formally denied that any company linked to Zimbabwean businessman Wicknell Chivayo played a role…

3 weeks ago

Mobile technologies contribute $240 billion to Africa’s economy

Mobile technologies and services contributed $240 billion to Africa’s economy in 2025, equivalent to 7.8% of GDP, according to the…

4 weeks ago