The Africa Finance Corporation (AFC) is leading a $2.5 billion private placement investment in Dangote Refinery, continuing its long-term partnership with Dangote Group and commitment to African industrial projects.
OTE Group has announced its Q2 2026 results, while NXP has outlined its Q3 2026 outlook, projecting $3.75 billion in revenue and $4.11 non-GAAP EPS at the midpoint. These reports provide insights into the financial performance and future expectations of the companies.
The OTE Group has outlined its strategic goals for 2025, including achieving climate neutrality, advancing circular economy practices, and benefiting 1.1 million people through digital inclusion initiatives.
Giannis Konstantinidis, Chief Officer of Strategy, Transformation and Wholesale for OTE Group, highlighted OTE's crucial role in establishing Crete as an international digital hub. He spoke at an Economist conference discussing the prerequisites for this development.
Aliko Dangote, President of the Dangote Group, reaffirmed his commitment to enhancing food security across Africa. He plans to achieve this through significant investments in large-scale fertiliser production, stating that the continent has the potential to be self-sufficient in food.
Nasarawa State in Nigeria is actively engaging the Dangote Group to expand its industrial investments, leveraging the state's mineral resources to create jobs and stimulate economic growth.
The Nigerian Army has justified a precision airstrike in Jilli village, Borno State, claiming it targeted a terrorist hub, despite reports of civilian deaths. Survivors have since recounted their ordeal, stating they were legitimate animal traders at Jilli market when the attack occurred, while Amnesty International condemned the incident.
The OTE Group has begun the commercial rollout of fiber optic services as part of the Ultra-Fast Broadband (UFBB) project, making internet speeds up to 1Gbps commercially available in areas of Messinia and other regions for both wholesale and retail customers, with further announcements on the project's progress.
Tanzania is actively seeking new investments from Dangote Group in fertiliser production, energy, and industrial infrastructure to accelerate its economic development.
Dangote Group is proposing to establish a petroleum products storage terminal in Cameroon to enhance regional distribution from its Lekki refinery and bolster fuel supply.
The OTE Group is aiming for climate neutrality and progress in the circular economy by 2025, alongside benefiting 1.1 million people through digital inclusion initiatives. These goals highlight the company's commitment to sustainability and social responsibility.
The NNPP in Ondo State has commended Governor Aiyedatiwa for the planned development of the Olokola Free Trade Zone by the Dangote Group, anticipating a major economic boost for the region.
OTE, a major Greek telecommunications provider, is planning to introduce new innovative services for its subscribers by leveraging Artificial Intelligence technology.
The Niger State Government has appealed to the Dangote Group and other private investors to explore crude oil opportunities in the Bida Basin, aiming to boost private sector participation in the state's extractive industry.
During the Nasarawa Trade Fair, the Dangote Group reiterated its commitment to creating more employment opportunities, aiming to boost economic development in the region.
OTE Group's Director of B2B Marketing, CRM & Channel Management, Thanos Falaggas, spoke at the 11th Delphi Economic Forum about the company's integration of AI into all aspects of its operations and the development of secure domestic cloud and AI services.
Dangote Group intends to sell approximately 10% of its refinery through an initial public offering (IPO) targeting investors across the African continent.
Afreximbank is supporting the Dangote Group as it targets $100 billion in annual revenue by 2030, a goal that will require an estimated $40 billion in new investments to achieve its continental ambitions.
The Central Bank of Nigeria (CBN) and Dangote Group are among the top nominees for the 2026 Almond Insurance Industry Awards, with the full shortlist and voting details now available.
Dangote Group has launched a crackdown on illegal haulage, offering a N500,000 reward to whistleblowers. The company warned that drivers and owners of unauthorized goods transported in Dangote trucks face arrest, cargo confiscation, and prosecution.
Residents of Lamu, Kenya, express caution and wariness as the Dangote Group announces plans to finance a proposed 700,000-barrel-per-day oil refinery in the region, recalling past unfulfilled promises.
Dangote Group and Africa Finance Corporation have signed a $600 million agreement aimed at expanding fertiliser production, which is expected to boost food security across Nigeria and Africa.
Cosmote, a Greek mobile telecommunications provider, is set to be rebranded as Telekom. This change signifies a shift in the company's identity under the OTE Group.
The Niger State Government is inviting the Dangote Group and other private investors to explore crude oil opportunities in the Bida Basin, aiming to develop the region's oil potential.
Dangote Group is planning a significant refinery expansion in East Africa, including a partnership with Kenya and Uganda to build a new refinery in Tanzania. This project aims to boost regional refining capacity.
The Dangote Group has issued a rebuttal against claims circulating on social media that the Tinubu government earns revenue from every bag of cement sold, amidst a rise in misinformation and AI-generated content.
The Nigerian Federal Government, First Lady, NGF, Dangote Group, NNPC, and the Emeka Foundation have collectively donated ₦65 billion to the Community Food Bank Trust Fund.
OTE Group announced an 8.7% increase in revenue and a 2.3% rise in adjusted EBITDA for the fourth quarter of 2025, alongside a 22% increase in its dividend.