Dangote Refinery IPO Sees Surge in Subscriptions as It Closes October 27 With No Extension
Dangote Petroleum Refinery says its IPO will close as scheduled tomorrow, Tuesday, October 27, with no further extension, and it urged investors to subscribe before the deadline. Subscriptions have surged since the refinery released nine-month results showing $22.5 billion in revenue, up 144% year on year, and a net profit of $4.73 billion. The company says subscriptions have come from individuals and institutions across Nigeria, Africa, and international markets.
Gabon Lifts Eight-Month Social Media Ban
Gabon's High Communication Authority announced on Saturday that it has lifted the social media ban it imposed on February 17, which it said was meant to curb online content fueling conflict and division. The ban drew widespread criticism, and many Gabonese turned to VPNs to keep using platforms such as Facebook, TikTok, YouTube, and Instagram. It came as President Brice Oligui Nguema faced social unrest, including strikes by teachers and civil servants over pay and working conditions. The opposition called the suspension an abuse of power.
Tanzanian Opposition Activist Twaha Mwaipaya Reported Missing in Kenya
Tanzanian opposition activist Twaha Mwaipaya was reported missing in Kenya yesterday, Sunday, October 25, according to a police report seen by Reuters. Amnesty International researcher Sikula Oniala says three unidentified men stopped a taxi that Mwaipaya was traveling in near Kamulu, about 22 miles east of Nairobi, ordered the driver out, and drove off with him. Reuters could not verify the account, and it is unclear who took him. John Heche, vice-chairman of Tanzania's CHADEMA party, urged Kenyan authorities to help find him, saying "Nairobi cannot remain an abduction hub for dictators."
Britain Sanctions 15 Commanders From Both Sides of Sudan's War
Britain sanctioned 15 military commanders, militia leaders, and security officials from the Rapid Support Forces, the Sudanese army, and army-allied armed groups today, Monday, October 26. It accuses them of sexual violence, torture, and attacks on civilians linked to the fall of El Fasher a year ago. The move followed UK-funded research by the Center for Information Resilience documenting systematic starvation and conflict-related sexual violence by both sides. Britain also pledged an additional £15 million ($20 million) in humanitarian and survivor support for Sudan.
Libya Summons U.S. Diplomat Over Trump's "Terror-Infested" Remark
Libya's foreign ministry summoned the U.S. chargé d'affaires yesterday, Sunday, October 25, to protest remarks U.S. President Donald Trump made at a Saturday rally in Georgia, calling Libya a "terror-infested" country. The ministry said it rejects statements that undermine its people's dignity. Trump later wrote on Truth Social that the U.S. respects the Libyan people, but that Libya "cannot remain a corridor for illegal migration." Libya's rival administrations in the east and west both denounced the remarks.
Algeria's Parliament Approves First Troop Deployment Abroad Since 1973
Algeria's parliament approved a resolution yesterday, Sunday, October 25, to send troops to Niger, the first Algerian deployment abroad since 1973. Authorities have not said when, where, or how many soldiers will go. Algerian senator Belkacem Boulghiti said the mission is to protect Algeria's economic and strategic interests, particularly its oil facilities in Niger, not to wage war. Algeria's Sonatrach is working with Niger on the Trans-Saharan Gas Pipeline, and ties have warmed since Algeria backed Niger's junta in August after a mutiny.