Friday, October 16, 2026
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Djibouti positions itself as Horn of Africa logistics gateway with new WFP base handover

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The Government of Djibouti has officially assumed full management of a major Humanitarian Logistics Base previously operated by the United Nations World Food Programme (WFP).

The formal handover ceremony marks a pivotal transition, converting a decade-long international humanitarian platform into a permanently nationally owned asset and reinforcing the country’s status as a premier logistics gateway for the Horn of Africa.

Overseen by the Ministry of Foreign Affairs and International Cooperation, the facility is set to empower national authorities to streamline critical food stocks, enhance emergency response coordination, and establish the foundation for a robust national food reserve.

Highlighting the geopolitical and domestic significance of the milestone, Abdoulkader Houssein Omar, Minister of Foreign Affairs and International Cooperation, noted that the takeover directly supports long-term food sovereignty.

He emphasized that amid escalating climate vulnerabilities, El Niño extremes, chronic droughts, and regional population displacements, the platform will significantly bolster national capacities to anticipate crises and safeguard strategic supply chains.

Established in 2016, the logistics hub has served as an indispensable operational anchor for the region. During the severe 2022–2024 Horn of Africa drought and ongoing regional conflicts, the facility acted as a central lifeline, storing and dispatching critical commodities that reached millions of affected individuals.

Spanning a massive 65,000-metric-ton capacity, the site features specialized bulk-grain silos, general warehouses, secure container storage yards, and advanced cargo-handling infrastructure that has historically supported twelve distinct humanitarian organizations operating across Djibouti and Yemen.

To guarantee a seamless operational transition, the WFP will provide six months of intensive technical assistance and specialized training in humanitarian facility management.

The establishment and development of the base were made possible through backing from key international donors, including Canada, the United States, Norway, Finland, Japan, Saudi Arabia, the European Union, and the Government of Djibouti.

Dangote Refinery launches historic $1.6B IPO

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The Nigerian Exchange (NGX) officially launched the initial public offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals on September 14, 2026, marking a historic milestone in African capital markets.

Valued between $1.6 billion and $2 billion and offering 4.1 billion ordinary shares at an initial price of 525 naira per share, the transaction stands as the largest corporate equity offering in the continent’s history. Held in the commercial hub of Lagos, the official launch event reflected Africa’s industrial momentum, drawing international finance experts and senior government officials.

Aliko Dangote, Group President and CEO emphasized that the massive share offering is designed primarily to democratize wealth creation rather than merely raise capital. Noting that the enterprise has already secured sufficient private financing for its immediate operations, Dangote stressed that opening the equity to the public aims to extend ownership to all citizens.

“The primary objective of this IPO is wealth distribution rather than capital accumulation, as we have already secured adequate financing for our operations,” Dangote said. “We invite the public to participate in this opportunity and share in the prosperity we are building.”

The offering breaks away from traditional models where major industrial assets remained concentrated in the hands of a wealthy few, structuring the issuance to ensure broad public accessibility. To encourage retail investors, the minimum purchase requirement is set at just 10 shares, with investors who hold their shares for 12 months eligible for bonus share allocations. Furthermore, compliance with Sharia principles opens the offering to pension funds and institutional investors across the wider continent beyond Nigeria.

Temi Popoola, Chief Executive Officer of the Nigerian Exchange, explained that modern digital infrastructure allows ordinary citizens to purchase shares seamlessly through banking applications, fintech platforms, POS terminals, and USSD codes without administrative friction.

David Bird, Chief Executive Officer of the Dangote Petroleum Refinery, highlighted the robust business model underpinning the facility. The refinery currently supports global energy supplies by exporting ultra-low-sulfur jet fuel to European aviation markets.

Proceeds from the IPO will fund a $14.3 billion expansion project scheduled for completion by 2029, which aims to double the refinery’s processing capacity from 700,000 barrels to 1.4 million barrels per day.

The subscription window remains open through October 13, as the transition of Africa’s largest refinery into public ownership is widely regarded as a transformative step for the continent’s economic trajectory.

IOM warns Sudan humanitarian system faces collapse within weeks without new funding

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The International Organization for Migration (IOM) has issued an urgent warning that Sudan’s emergency humanitarian relief system could collapse within weeks due to a severe funding deficit, leaving millions of displaced people vulnerable to ongoing conflict, heavy rains, and acute shelter shortages.

“We simply cannot turn our back on the people of Sudan when they need us most amid raging conflict, increased displacement, and the impact of heavy rains,” said Amy Pope, IOM Director General. “The entire humanitarian system could collapse within weeks if we don’t act now. Without new funding, we won’t be able to get help where it’s needed most.”

According to the IOM’s Displacement Tracking Matrix, the crisis has left 8.6 million people internally displaced across the country, alongside 4.9 million recorded returnees. Nearly 70 percent of those displaced are currently living with host families or in informal settlements.
Ongoing violence, severe floods, and torrential rains continue to batter makeshift shelters, forcing vulnerable families into repeated cycles of displacement.
At the center of the unfolding crisis is the IOM-managed Common Humanitarian Pipeline, a shared logistics framework that enables the United Nations and more than 100 partner organizations to dispatch emergency relief items efficiently. While the pipeline has reached 2.84 million people since July 2023, its operational capacity has steadily dwindled. More than one million people were assisted through the pipeline in 2024, falling to 804,000 in 2025, with only 330,000 people supported so far in 2026.

Without immediate donor intervention, current stocks of emergency shelter, sanitation supplies, and household relief items are expected to be completely depleted by the end of September 2026. Furthermore, the warehousing and operational infrastructure sustaining the pipeline can only be maintained through December 2026.
IOM officials stress that disrupting the pipeline would severely cripple the broader humanitarian response, noting that rebuilding supply chain networks and coordination structures from scratch would be complex, costly, and time-consuming.

To sustain operations, the agency requires USD 15 million to maintain the pipeline at its 2026 minimum capacity for 12 months, supporting 305,000 people. Restoring assistance to 2025 levels for 570,000 people requires USD 27 million, while a broader scale-up to support up to one million people would demand USD 42 million.

Safaricom surpasses 15 million subscribers as it marks five years

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Safaricom is marking five years since it received a full-service unified telecom operating license from the Government of Ethiopia on 9 July 2021, with the company having surpassed 15 million 90 days active subscribers during this period.

The milestone comes less than four years after we began commercial operations in October 2022, following an initial period focused on establishing the business, building our network, and putting in place our sales and distribution infrastructure.

We have surpassed 15 million 90 days active subscribers within four years of commercial operations, marking one of the fastest customer growth journeys among new telecom operators that have built their network and customer base from the ground up.

Since receiving our license, we have built more than 3,500 network sites, with our network now reaching around 60% of the country's population. All of our sites are 4G-enabled and 5G ready, making our network state-of-the-art. That makes our expansion one of the fastest network rollouts by a greenfield telecom operator in Africa, and one of the fastest globally for a new entrant building a nationwide network from scratch.