[allAfrica]

[Vanguard] The National Economic Council (NEC) has approved the refinancing of NNPC Limited's $3.3 billion oil-backed pre-export finance facility through a new $4.5 billion arrangement.

[Vanguard] Nigeria's foreign reserves have exceeded the Central Bank of Nigeria's (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest level recorded in 17 years.

[Vanguard] Former Vice President Atiku Abubakar has described the 2026 Appropriation Act as compromised, following revelations that the Federal Cooperative College, Oji River, Enugu State, was allocated ₦1.08 trillion to execute 2,791 capital projects across the 36 states and the Federal Capital Territory FCT.

[Daily Trust] The Central Bank of Nigeria (CBN) has attributed the country's rising foreign reserves to renewed investor confidence and sustained capital inflows.

[Leadership] The federal government has reaffirmed its commitment to strengthening investment, trade and tourism relations with the Kingdom of Saudi Arabia, declaring that Nigeria is open for business and well-positioned to attract greater foreign investment under President Bola Tinubu's Renewed Hope Agenda.

[Leadership] The Oil Palm Growers Association of Nigeria (OPGAN) has warned that the country's growing dependence on imported palm oil is threatening food security, draining foreign exchange and weakening the nation's economic resilience, calling for urgent investment in local production and support for smallholder farmers.

[Premium Times] The reopening follows the temporary closure of the runway after an Enugu Air aircraft veered off the runway on 23 July, disrupting flights at Benin Airport.

[Namibian] Five members of the Namibia Airports Company board have been relieved of their duties with immediate effect and an interim board has been appointed to oversee the state-owned enterprise during the transition.

[Namibian] Dangote Industries Namibia Ltd has launched the environmental approval process for a planned 1.6 million-barrel petroleum storage terminal at Walvis Bay. This marks the first formal step towards one of the largest fuel infrastructure developments proposed in Namibia.

[Independent (Kampala)] At least 14 people were killed this week when a truck carrying sand collided with a commuter taxi van in Kalungu District. All of the dead were passengers in the van. Four others were injured. The truck driver fled the scene and remains at large.

[Independent (Kampala)] Kampala, Uganda -- The government has admitted it lacks the financial resources to repatriate Ugandans stranded abroad, despite labour migration generating an estimated US$2 billion (7.48 trillion Shillings) in annual remittances and ranking among the country's biggest sources of foreign exchange.

[Nyasa Times] Malawian MPs have turned their attention to an unlikely issue amid debate on a major overhaul of the country's banking laws -- demanding that banks be legally required to provide toilets for customers.

[New Times] Rwanda and the European Union (EU) have signed a €40 million (approximately Rwf67 billion) financing agreement to support the transformation of the country's agriculture into a modern and climate-resilient sector.

[New Times] Labour inspection and compliance assessment from January to June 2026 has led to sanctions on 71 establishments that violated labour laws and regulations.

[ENA] Addis Ababa -- Benin's Minister of Digital Transformation and Innovation, Mahuna Akplogan, arrived in Addis Ababa tonight for a five-day official working visit aimed at deepening cooperation with Ethiopia in digital transformation, innovation, and governance.

[ENA] Addis Ababa -- Ethiopia is strengthening its regulatory and legal framework in line with its strategic plan to harness nuclear energy for power generation.

[ENA] Addis Ababa -- The Cable News Network (CNN) has featured the hugely anticipated Ethiopian Airlines' major expansion project designed to expand the country's aviation capacity and strengthen its role as a major air transport hub in Africa.

[Capital FM] Nairobi -- House prices in Ongata Rongai and Ngong fell in the second quarter of 2026 as rising household costs and tighter economic conditions weighed on demand in Nairobi's satellite towns, according to the latest HassConsult Property Index.

[Leadership] The Chief of Staff to the President, Femi Gbajabiamila, on Tuesday brokered a breakthrough agreement between the Federal Government and the Nigerian Association of Resident Doctors (NARD), paving the way for the suspension of the association's planned nationwide strike.

[Leadership] President Bola Tinubu has approved salary increases of between 30 and 80 per cent for personnel of the Nigerian Armed Forces, with the lowest-paid private expected to earn about N187,000 monthly under the new pay structure.

[AIM] Maputo -- The United Nations Economic Commission for Africa (UNECA) has reaffirmed its commitment to deepening cooperation with Mozambique and supporting the implementation of the country's national development priorities.

[AIM] Maputo -- The Mozambican government has expressed its concern at the new wave of fuel shortage in several parts of the country, following the crisis that affected the country last April and May.

[Nyasa Times] Agriculture Minister Roza Fatchi Mbilizi has hit back at claims swirling around her reform of Malawi's fertiliser procurement system -- with her team accusing shadowy trading cartels of orchestrating a smear campaign to discredit her.

[Nyasa Times] Malawi is offering targeted investment opportunities in agriculture, energy and digital technology despite operating under significant macroeconomic strain, according to a new report from consultancy firm Don Consultancy Group (DCG), published on 4 August.

[Daba Finance] Dangote Petroleum Refinery plans to raise about $5 billion in an initial public offering that could become Africa's largest listing, Reuters reported, citing a source with knowledge of the plan. The offer is expected to close in October, with Nigeria's Securities and Exchange Commission reviewing the application. A prospectus could be published in September, according to people familiar with the process.

[The Conversation Africa] Malawi's constitutional court annulled the 2019 presidential election. The 2020 re-run brought an extraordinary transfer of power from the ruling Democratic Progressive Party to the opposition Malawi Congress Party, raising hopes for economic and political renewal.

[Daba Finance] Gabon's public debt is set to rise to 94.3% of gross domestic product in 2027 from 70.9% in 2024, according to the International Monetary Fund. The ratio is projected at 78.9% in 2025 and 86.1% in 2026, an increase of 23.4 percentage points over 3 years. The figures are IMF staff estimates based on data available through April 2.

[Daily Trust] I thought my part two on gas was my final word - until readers challenged me at the end to clarify one critical question: What is the level of infrastructural preparedness to receive gas for distribution to consumers? They demanded that I go beyond the grand visions of pipelines and hubs and examine whether Nigeria is actually ready to take delivery of the gas and get it to the people who need it. I, therefore, crave the indulgence of my readers to allow me to come back and finish the business as they

[Nile Post] At least 14 people have been confirmed dead in a grisly accident in Lwera swamp along the Kampala -Masaka Highway.