By the AFREEQUE newsroom, based on Financial Afrik
Nigerian businessman Aliko Dangote’s group has tasked Spanish company Técnicas Reunidas with supplying the hydrogen reformers for its fertiliser plant in Ethiopia. The information was published on 2 November 2026 by Financial Afrik.
Ongoing story · day by day
The Dangote refinery opens its share offering, targets $1.6 billion, and extends its stock-market listing.
1 NovDangote and Sanusi urge Lotus Capital to invest more in Nigeria’s productive economy
1 NovDangote’s Lamu refinery cleared of public-private partnership challenge
30 OctSonara signs fuel supply deal with DangoteNigerian group Lee Group will invest $1.8 billion in a 450-hectare industrial park in Ogun, set to host more than 29 factories and create over 2,500 direct and indirect jobs. Governor Dapo Abiodun is due to launch construction on 12 November 2026, according to ThisDay.
🇳🇬 Nigeria · Source: ThisDay ·
The World Bank announced $123.5 billion in financial commitments for 2026, with sub-Saharan Africa presented as the main beneficiary. The institution’s president, Ajay Banga, was associated with the announcement reported by Financial Afrik.
🌍 World · Source: Financial Afrik ·
South African mining company MC Mining has reached agreements to sell its coal stockpiles. The sales are expected to help fund development of the Makhado project and ease the company’s cash constraints, Business Day reported on 2 November 2026.
🇿🇦 South Africa · Source: Business Day (South Africa) ·
Aliko Dangote, president of the Dangote Group, and Muhammadu Sanusi II, former governor of the Central Bank of Nigeria, have called on Lotus Capital to increase its investment in Nigeria’s productive economy. They spoke in Lagos at the 20th anniversary of the non-interest finance company, according to Tribune Online.
🇳🇬 Nigeria · Source: Tribune Online ·
Drone strikes kill 25 civilians in northern EthiopiaAt least 25 civilians, including women and children, were killed in drone strikes in Ethiopia’s Amhara and Tigray regions, according to witnesses and a medical source cited by AFP. The attacks, probably attributed to Ethiopian forces by ACLED, come amid clashes with rebel groups.
Air Madagascar returns to revive air transportThe Air Madagascar brand returned at a ceremony attended by director-general Rado Rabarilala, board chairman Alban Razafindrakoto and government members. The relaunch should facilitate travel and support the national economy, according to L’Express de Madagascar.The week in Africa
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