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Spiro raises $215 million as Africa’s largest electric mobility company races toward unicorn status

Spiro, widely regarded as Africa’s largest electric mobility company, has secured $215 million in fresh equity financing to accelerate the expansion of its electric...

Hiab agrees $1.04 billion acquisition of truck maker Labrie in major North American expansion

Hiab has agreed to acquire Canadian refuse collection vehicle manufacturer Labrie Environmental Group in a deal valued at approximately $1.04 billion, marking one of...

African finance institutions mobilise local capital for ambitious plan to connect 300 million people to electricity

African development finance institutions are intensifying efforts to unlock African capital for one of the continent’s most ambitious infrastructure programmes, as leaders push to...

Nigeria accelerates CNG expansion with launch of high-capacity Abuja booster station

Nigeria’s push to expand compressed natural gas infrastructure received a major boost on May 29, 2026, with the commissioning of a high-capacity CNG Daughter...

Dangote Refinery emerges as world’s largest jet fuel exporter amid global supply disruptions

Dangote Petroleum Refinery has become the world’s largest exporter of jet fuel, a major milestone that is reshaping global aviation fuel supply chains and...

Ghana launches e-visa platform and waives fees for African travellers

Ghana has launched a new electronic visa system and announced visa fee waivers for African travellers in a major shift aimed at strengthening regional...

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