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Jim Ovia Expands Luxury Real Estate Portfolio, Betting on Property Over Banking Returns

Jim Ovia, founder of Zenith Bank, is deepening his presence in Nigeria’s luxury property market with the development of two high-end residential towers in...

Sanwo-Olu Courts Private Capital for Lagos Rail, Technology and Agriculture Projects

Lagos State Governor Babajide Sanwo-Olu has intensified efforts to attract private sector investment into key infrastructure and growth sectors, identifying rail transportation, technology, agriculture,...

Ethiopian Airlines to Decide on Regional Jet Order Within Three Months

Ethiopian Airlines is expected to decide within the next three months on an order for 25 regional aircraft as Africa’s largest carrier seeks to...

East African Importers Face Rising Costs as Shipping Giants Increase China Cargo Charges

Importers across East Africa are preparing for higher business costs after global shipping carriers introduced significant freight surcharges on cargo arriving from China and...

Eskom secures LNG supply deal for planned 3,000 MW Richards Bay power project

South Africa’s state-owned power utility, Eskom, has signed a long-term liquefied natural gas (LNG) agreement with the Zululand Energy Terminal (ZET), a key step...

Zambia sweetens buyback offer for $1.36 billion Eurobond as debt management push intensifies

Zambia has enhanced its offer to repurchase its $1.36 billion Eurobond due in 2053, increasing incentives for bondholders in a bid to secure stronger...

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