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Home » Airline News In Africa » Kenya Airways Seeks Two Billion USD in Capital for Restructuring and Growth to Boost Tourism Across Africa, Asia, and Europe: Everything You Need to Know Published on February 20, 2026 Image generated with AiKenya Airways, the national carrier of Kenya, is making headlines with its ambitious plans aimed at fostering growth and enhancing service capacities. The airline is gearing up to secure approximately $2 billion to address its debt challenges, modernize its fleet, and ensure sustainable operations amid the rising tourism demand across Africa, Asia, and Europe. Significant Growth in 2025 Driven by…

New Funding Boost for Entrepreneurship Education in Nigeria The Aliko Dangote Foundation has announced a significant five-year funding initiative aimed at supporting students in MBA, entrepreneurship, and management programs at Bayero University Kano’s Dangote Business School. This generous commitment will aid in enhancing educational opportunities in one of Africa’s leading economic hubs. Structured Five-Year Funding Commitment Under the new agreement, a total of N300 million (approximately $222,883) will be allocated each year for the next five years. This financial support will be instrumental in reducing tuition costs for eligible students. Starting in the 2024/2025 academic year, students granted this scholarship…

Nigeria’s Ambitious Strategy for Energy Capital Investment in Africa Nigeria is poised to become a key player in Africa’s burgeoning oil and gas sector, targeting a significant share of the continent’s projected capital inflow of $48 to $50 billion in 2023. This strategic move coincides with the launch of 50 new oil and gas blocks in Nigeria’s upcoming 2025 licensing round. The Growing Appeal of Africa’s Energy Sector The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, recently highlighted Africa’s growing prominence in the global energy market during her address at the Sub-Saharan Africa International Petroleum…

Chain Reactions Africa Shines at the 2026 African SABRE Awards Chain Reactions Africa has solidified its status as one of Africa’s leading reputation advisory firms with an outstanding performance at the 2026 African SABRE Awards. The Nigeria-based communications consultancy not only took home the Gold award in the Travel & Leisure category for its remarkable work on the Lagos Shopping Festival but also stood out by securing a record 10 nominations, surpassing all other public relations firms across the continent this year. Overview of the SABRE Awards The SABRE Awards (Superior Achievement in Branding, Reputation & Engagement) will be held…

Ndovu Wealth: Revolutionizing African Finance through Blockchain and AI Founded in 2022 in Kenya by Radhika Bhachu and Rogito Nyageri, Ndovu Wealth is a pioneering startup that is reshaping the financial landscape across Africa. By harnessing the power of advanced blockchain technology and artificial intelligence, Ndovu has established itself as a fully regulated decentralized finance (DeFi) bridge that connects local markets to the global economy. The Vision: Tackling Idle Capital in Africa The inception of Ndovu Wealth was fueled by a significant gap in the African financial ecosystem. With annual remittances totaling US$53 billion and over US$200 billion in on-chain…

Russian foreign minister Sergey Lavrov and foreign intelligence service director Sergey Naryshkin. (AP photo) Russia’s SVR Takes Charge of Wagner’s African Influence Operations Following the demise of Yevgeny Prigozhin, the founder of the Wagner Group, Russia has shifted its strategy in Africa, transferring control of the group’s influence operations to the foreign intelligence service, the SVR. This major development is detailed in an extensive investigation by an international consortium of media outlets. The Legacy of the Wagner Group in Africa The Wagner Group, previously recognized as Moscow’s most notorious mercenary outfit, has been heavily scrutinized by human rights organizations due…

African financial markets are entering a new era of optimism, marked by a revitalization of sovereign borrowing activities, diverging inflation trends across key economies, and regional banks gearing up for consolidation. Below are the crucial developments influencing the continent’s financial landscape. Africa’s Strategic Return to Global Capital Markets African nations are making an early comeback to international capital markets in the first quarter of the year, taking advantage of easing global borrowing costs and increasing investor appetite for emerging-market debt. Countries such as Kenya, Benin, Cameroon, and the Republic of Congo have successfully issued new dollar-denominated bonds. This reopening of…

The African Union’s Landmark MoU: Paving the Way for Nuclear Energy in Africa The African Union (AU), in collaboration with the African Commission on Nuclear Energy and the OECD Nuclear Energy Agency, has formalized a significant Memorandum of Understanding (MoU). This agreement aims to accelerate the peaceful deployment of nuclear technology across Africa, enhancing regulatory frameworks and boosting technical capacity while opening doors to financial support. With this strategic initiative, nuclear energy is poised to become a crucial player in the continent’s industrial growth and energy security landscape. As African nations evolve from being mere uranium exporters to potential nuclear…

PHOTO PROVIDED Maame Badu stands next to shelves at Good Grace African Market and Diner. Discover Authentic African Culture at Good Grace African Market and Diner Since its inception in 2024, the Good Grace African Market and Diner has transformed the culinary and cultural landscape of Williamsport. Owned by Maame Badu, this unique dining venue and market has become a hub for not just delicious food but an authentic African cultural experience. A Diverse Offering of Goods One of the highlights of Good Grace is the extensive selection of clothing and accessories. Sourced from Ghana and other African nations, the…

Community Mourns Murder of Housing Activist Zweli "Khabazela" Mkhize Midrand, South Africa – The housing activist community is in turmoil following the assassination of Zweli "Khabazela" Mkhize, who was gunned down on 12 February at the eNkanini informal settlement near Midrand. Mkhize, who served as the treasurer for the Abahlali baseMjondolo movement’s eNkanini branch, had been vocal against local exploitation of land and corruption tied to land sales. Background on Mkhize’s Advocacy Mkhize, a dedicated advocate for housing rights, took a strong stand against individuals profiting from land sales in an area marked by economic hardship. His leadership in the…