News #African Business News This Week

Nigeria's Dangote refinery is driving a 7x rise in Nigeria's petroleum product exports. Intra-Nigerian shipments jumped to 211,000 bpd in Q2 2026 vs 81,000 bpd in 2025, and exports to Europe hit 130,000 bpd.

Africa's Business Heroes 2026: Top 20 finalists announced from 24,000+ applications across 54 countries - includes 2 Moroccans, Meriem Benabad and Nidal Tafah. Semi-finals in Nairobi Aug 21-22

The Dangote Group has "strong intent" to list its petroleum refinery in South Africa after its Nigeria IPO — the JSE confirmed it engaged with Dangote this week.

Africa's business landscape this week was dominated by big fintech moves, new funding models for infrastructure, and strong signals from government budgets.

This week was a tale of two monetary policies, a mining pivot in Central Africa, and a maturing tech ecosystem. Africa's business story this week is less about hype and more about fundamentals.