POBLYSH DAILY
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The biggest business stories moving African markets, with the outlets that reported them.
Glovo appoints Reni Onafeko to lead Nigeria expansion as Dangote Refinery opens its $1.6 billion IPO to new investors.
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E-commerce and retail
Glovo names Reni Onafeko to lead Nigeria expansion into four cities
The handover comes as Glovo says Nigeria was its fastest-growing market worldwide in 2025, while Onafeko takes on the next phase of growth.
Why it matters: Reni Onafeko’s appointment signals Glovo’s commitment to scaling its fastest-growing market, offering insights into e-commerce expansion strategies in Nigeria.
Condia, TechCabal and 1 other · 7 October
Another African country opens up Dangote Refinery IPO to investors as $1.6 billion share sale expands
The expansion of Dangote Refinery’s $1.6 billion IPO broadens investor access, potentially reshaping retail participation in African energy markets.
Business Insider Africa · 7 October
Global oil supply buffer shrinks after over 1 billion barrels withdrawn
Shrinking global oil buffers increase vulnerability to supply shocks, impacting energy costs and stability for African economies dependent on imports.
Nairametrics · 7 October