Africa Business News – Stay Updated on the Latest Moves

Looking for a quick snapshot of what’s shaking up business across the continent? You’re in the right spot. From a massive oil refinery in Nigeria to leadership shifts at a major bank, we’ve pulled together today’s most important headlines so you can get the facts without the fluff.

Top Stories Shaping the Continent

Dangote Refinery turns the tide on Nigeria’s fuel shortage. Aliko Dangote’s 650,000‑barrel‑per‑day plant has finished test runs and is ready to sell petrol. The new supply stream promises to cut import bills and give drivers a breather after months of empty pumps.

Absa appoints interim CEO Mike Russon. After Arrie Rautenbach announced his retirement, the banking giant tapped Russon to steer the ship while a permanent boss is found. The move signals stability for investors and customers alike.

FCCPC cracks down on Coca‑Cola Nigeria and NBC. The regulator is set to fine the two giants for misleading ads and unfair marketing. Consumers get a stronger voice, and the case highlights the importance of truthful branding.

Trump Media’s stock plunges 39% amid crypto controversy. Heavy bets on Bitcoin have rattled shareholders, sending the share price tumbling. The episode shows how volatile crypto‑linked ventures can be, especially when politics join the mix.

Vox Royalty Corp updates on gold projects. New timelines for Plutonic, East Bulong, and Koolyanobbing give investors clearer expectations on when the first ounce might roll in. Production forecasts have risen, sparking interest from mining funds.

What These Moves Mean for You

So, why should any of this matter to you? If you’re a trader, investor, or just someone watching the market, each story has a ripple effect. The Dangote refinery could lower fuel costs, which in turn lifts disposable income and boosts retail sales. Absa’s leadership change helps keep the banking sector steady, meaning your loans or savings stay on track.

Consumer‑rights enforcement against Coca‑Cola reminds businesses that transparency pays off. It also means you can demand accurate information on the products you buy. The Trump Media saga is a cautionary tale: before you pour money into a crypto‑linked stock, check the fundamentals and the hype.

Mining updates from Vox Royalty give a glimpse into Africa’s gold future. Higher production estimates can push up gold prices, offering a potential hedge for investors looking to diversify.

Bottom line: staying informed lets you act faster. Whether you’re adjusting a portfolio, negotiating a contract, or just budgeting for daily expenses, the latest business news gives you the edge to make smarter decisions.

Keep scrolling for deeper dives on each story, expert opinions, and what’s coming next. Africa’s business landscape moves fast – we’ve got you covered.