THE WEEK IN BUSINESS: Records, Oil, Inflation and a World That Refuses to Slow Down

  The world gave investors plenty of reasons to worry this week. Oil remained expensive. The Strait of Hormuz remained severely disrupted. Washington and Tehran remained far apart. Long-term U.S. borrowing costs flashed warning signs. Consumers showed signs of becoming more cautious. And businesses continued trying to figure out what an increasingly unpredictable global economy…

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Africa’s Biggest Refinery Wants Ordinary Nigerians to Own a Piece of It

  Africa has spent decades watching some of its biggest businesses look overseas when they need serious money. London. New York. International banks. Foreign institutional investors. But one of Africa’s biggest industrial projects is preparing to do something different. Dangote Petroleum Refinery wants Nigerians themselves to become owners. The company is preparing for an initial…

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Airtel Wants to Take Africa’s Money Business to London — And the World Is Watching

  The Hook Africa has spent decades attracting investment from around the world. Now, one of the continent’s fastest-growing financial businesses wants to take the next step. Not by leaving Africa behind. But by taking an African success story to one of the world’s biggest financial markets. Airtel Money Africa is preparing for what could…

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Kenya Is Building East Africa’s First AI Investment Fund — And It Could Change How Africans Invest

  Artificial intelligence may soon become much easier for ordinary Kenyan investors to invest in. The Nairobi Securities Exchange (NSE) is working on what it says would be East Africa’s first exchange-traded fund focused on artificial intelligence companies. The exchange plans to make the investment product available before the end of 2026, although the exact…

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