Friday’s Week in Business: Rates Rise, Energy Bites and the AI Race Meets a Moment of Doubt

    ABE NEWS | SEPTEMBER 18, 2026 This was the week when several assumptions underpinning the global economy became harder to defend. Investors who spent years waiting for cheaper money watched the Federal Reserve raise interest rates for the first time in more than three years. Japan pushed borrowing costs to their highest level…

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Dangote Is Preparing Africa’s Biggest IPO — And Wants to Build a 1.4-Million-Barrel-a-Day Refinery

  ABE NEWS | September 4, 2026 Africa could be days away from one of the biggest stock-market listings in its history. Nigeria’s Dangote Group is preparing to sell shares in the Dangote Petroleum Refinery, the enormous Lagos-based industrial complex built by billionaire entrepreneur Aliko Dangote. According to people with direct knowledge of the transaction,…

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South Africa’s Eskom Profit More Than Doubles to $1.9 Billion — But a $7 Billion Debt Problem Is Growing

  ABE NEWS | August 31, 2026 South Africa’s long-troubled electricity giant Eskom has delivered one of the most dramatic financial turnarounds in its recent history, more than doubling annual profit to 30.3 billion rand — roughly US$1.9 billion — as power shortages collapsed, electricity sales improved and years of government intervention began producing visible…

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ABE FOUNDERS | Elana Laichena Is Building Flowt to Solve One of Africa’s Biggest Business Problems: Getting the Money to Grow

 ABE NEWS | August 29, 2026 For many small businesses, growth begins with a frustrating contradiction. The customers are there. The product is selling. The entrepreneur knows that buying more inventory, adding equipment or expanding production could generate more revenue. But the money needed to make that next move isn’t there. For thousands of small…

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ABE ORIGINALS | AI Is Running Out of Room — The Global Race for the Electricity, Land and Infrastructure That Will Power the Future

  ABE NEWS | August 29, 2026 The artificial-intelligence race is usually presented as a competition between a handful of technology giants. OpenAI releases a new model. Google responds. Meta spends billions. Nvidia sells more chips. Governments announce national AI strategies, investors pour money into startups, and every few months another company promises that its…

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Mutiny in Niger: Soldiers Attack Presidential Palace and Airport as New Power Struggle Erupts

  ABE NEWS | August 29, 2026 Niger has been plunged into a new political and security crisis after mutinous soldiers launched attacks across the capital, Niamey, targeting some of the most sensitive locations in the country — including the presidential palace, international airport and a major military airbase. Heavy gunfire and explosions echoed through…

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The Week in Business: Nvidia’s AI Boom, Canada’s Trade Shock, Meta’s $18 Billion Reckoning and Oil’s Wild Ride

  ABE NEWS | THE WEEK IN BUSINESS | August 28, 2026 It was a week when artificial intelligence delivered staggering numbers, Canada discovered its economy was stronger than expected just as another trade shock arrived, one of the world’s biggest social-media companies agreed to one of the most consequential settlements in the industry’s history,…

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Congo’s Ebola Outbreak Has Killed More Than 2,500 — And the Response Is Struggling to Keep Up

  ABE NEWS | SUNDAY, AUGUST 23, 2026 The Democratic Republic of Congo is facing an Ebola crisis on a scale the country has never experienced before. More than 5,000 confirmed infections. More than 2,500 deaths. Six provinces affected. Dozens of health zones reporting cases. And health authorities are warning that transmission has still not…

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Africa’s Biggest Refinery Is Heading to the Stock Market — And It Could Become the Continent’s Largest IPO

  ABE NEWS | THURSDAY, AUGUST 20, 2026 Africa’s biggest oil refinery is preparing for another enormous milestone. Nigeria’s Dangote Refinery has secured a $1 billion underwriting program ahead of a planned stock-market listing that could become the largest initial public offering in African history. The refinery, majority-owned by Nigerian billionaire Aliko Dangote, has already…

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