Business Africa

Nigeria’s state oil firm, NNPC Limited, has remitted $2.1...

Business Africa

Starwood’s Sternlicht expands global data centre footprint amid AI surge

Barry Sternlicht, CEO of Starwood Capital Group, is accelerating...

Business Africa

Taiwan asserts right to global engagement after Africa visit

Lai Ching-te has reaffirmed Taiwan’s right to conduct official...

Business Africa

Gemcorp hires from Oaktree to deepen push into private credit expansion

Gemcorp Capital has recruited senior talent from Oaktree Capital...

Business Africa

Zambia pushes back as U.S. links health funding to minerals access

Zambia has said a proposed U.S. health funding agreement...

Business Africa

Oil pares gains as U.S. signals partial reopening of Hormuz shipping route

Global oil prices eased after earlier gains as the United States said two merchant vessels had successfully crossed the Strait of Hormuz, easing fears...

Business Africa

Eni moves to sell 5% stake in Nigeria’s Renaissance JV in continued upstream exit

Eni is in the process of selling its 5% interest in the Renaissance joint venture in Nigeria, marking another step in the broader retreat...

Business Africa

Israel deploys mobile climate lab in Kenya to close Africa’s data gap

Israel has deployed what is described as the world’s first mobile climate laboratory in Kenya, aiming to tackle Africa’s long-standing shortage of reliable environmental...

Business Africa

World Cup prize pool nears $900m as FIFA boosts payouts for 2026 tournament

FIFA is set to distribute nearly $900 million to teams participating in the 2026 World Cup, following a significant increase in financial allocations driven...

Business Africa

US leads Africa’s largest military drill with 5,000 troops from over 40 nations

The United States has launched its largest annual military exercise in Africa, bringing together more than 5,000 troops from over 40 countries in a...

Business Africa

Nigeria’s non-oil exports gain momentum as trade approaches $1bn milestone in 2026

Nigeria is seeing renewed momentum in its export sector, with non-oil trade nearing the $1 billion mark in early 2026 as diversification efforts begin...

Business Africa

China’s Linkerbot targets $6bn valuation as robotic hand maker rides AI automation wave

China-based robotics startup Linkerbot is targeting a $6 billion valuation in its next fundraising round, underscoring surging investor interest in advanced automation technologies. The...

Business Africa

GameStop launches $56bn bid for eBay, signals readiness for takeover

GameStop has made an unsolicited $56 billion offer to acquire eBay, in what is shaping up to be one of the most audacious takeover...

Business Africa

Nigeria’s national treasury eyes ₦6.8trn oil windfall as higher crude prices boost fiscal outlook

Nigeria’s national treasury is set to receive an additional ₦6.8 trillion in oil revenue, driven by rising global crude prices and ongoing economic reforms....

Business Africa

Pentagon accelerates AI push with classified deals involving seven tech giants

The Pentagon has signed agreements with seven leading artificial intelligence companies to deploy their technologies across classified military systems, marking a major escalation in...

Business Africa

Dangote Refinery begins direct jet fuel supply to Ethiopian Airlines in export expansion

Dangote Refinery has started direct aviation fuel deliveries to Ethiopian Airlines, marking a significant step in its push to become a major supplier of...

Business Africa

OPay taps Citi, Deutsche Bank, JPMorgan for $4bn U.S. IPO push

OPay has hired Citigroup, Deutsche Bank and JPMorgan Chase to lead its planned U.S. initial public offering, targeting a valuation of about $4 billion,...

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