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Business Africa

Workday Billionaire Dave Duffield Builds Third Billion Dollar Software Company With Ridgeline

Billionaire software entrepreneur Dave Duffield is positioning Ridgeline, his...

BNXN and Sarz Win AFRIMMA 2026 Song of the Year With Back Outside

Nigerian singer BNXN and acclaimed producer Sarz have won...

Aliko Dangote Named Grand Patron of Global Entrepreneurship Festival

Aliko Dangote, President of Dangote Group, has been appointed...

Nigeria Rejoins J.P. Morgan Bond Benchmark With 7.4% Weighting

Nigeria is returning to a J.P. Morgan local currency...

Kuda Expands Sports Marketing Footprint With Sporting Lagos Headline Partnership

Kuda has been unveiled as the headline sponsor of Sporting Lagos for the 2026/27 Nigeria Premier Football League season, strengthening the digital bank’s presence...

Nollywood Mourns as Veteran Actor Olu Jacobs Dies at 84

Veteran Nigerian actor and film executive Oludotun Baiyewu Jacobs, popularly known as Olu Jacobs, has died at the age of 84. His death was...

Samsung Backs Euclyd With $230 Million as AI Chip Competition to Nvidia Accelerates

Samsung has joined a $230 million funding round for Dutch artificial intelligence chip startup Euclyd, backing an emerging challenger to Nvidia as demand for...

Senegal and Eni Deepen Offshore Exploration Push With Five Block Evaluation Deal

Senegal has signed a memorandum of understanding with Italian energy major Eni to evaluate the oil and gas potential of five offshore blocks, marking...

Sasol Expands Aviation Fuel Reach With Supply Deal for Antarctic Flights

South African energy and chemicals group Sasol has signed a fuel supply agreement with White Desert, an Antarctic tourism and expedition operator, to support...

Nigeria Targets 2027 Start for $5 Billion NLNG Train 7 Expansion

Nigeria LNG Limited is targeting the end of 2027 to start up its long delayed Train 7 project, a move that could significantly expand...

Almonty and Rwanda Forge Tungsten Partnership as US Pushes to Secure Critical Mineral Supply

Almonty Industries has signed a binding agreement with the Government of Rwanda to establish a tungsten venture, giving Kigali a 25% equity stake in...

South Africa Secures $1 Billion BRICS Bank Loan to Upgrade Urban Infrastructure

South Africa has signed a $1 billion loan agreement with the New Development Bank to upgrade municipal infrastructure across its major metropolitan areas, strengthening...

Nigeria Expands Maternal Health Intervention With 215,000 Kits as Government Targets 2.9 Million Families by 2028

Nigeria’s Federal Government has launched the distribution of 215,000 MAMA kits to vulnerable pregnant women as part of a wider push to reduce maternal...

India’s Solar Industries Bets $1.36 Billion on Africa’s Mining Growth With Omnia Acquisition

India’s Solar Industries India has agreed to acquire South African chemicals and mining solutions group Omnia Holdings for approximately $1.36 billion in an all...

Dangote Signals Potential US Secondary Listing for Refinery as Africa’s Biggest IPO Opens

Aliko Dangote has said his oil refinery could pursue a secondary listing in the United States after its planned Nigerian flotation, potentially giving investors...

Sam Altman Signals AI Industry May Need to Slow Down as Safety Risks Intensify

OpenAI chief executive Sam Altman has acknowledged that the artificial intelligence industry may need to slow the pace of frontier AI development as concerns...
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