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Industry News
Industry News
Dangote Refinery IPO Draws Investors From 120 Countries, Securing Participation Across All 54 African Nations
Dangote Petroleum Refinery and Petrochemicals has concluded its landmark...
Industry News
Afreximbank Commits $975 Million to Oryx Energies Buyout, Expanding African Ownership of Energy Assets
The African Export-Import Bank (Afreximbank) has disbursed US$975 million...
Industry News
Easyjet Weighs Starlink Wi-Fi Partnership as Budget Airlines Reassess In-Flight Connectivity
British low-cost airline easyJet has explored a potential partnership...
Industry News
Foxconn Commits $727 Million to Mitsubishi Electric’s Automotive Business in Major EV Expansion
Taiwanese electronics manufacturing giant Foxconn is investing ¥115 billion,...
Industry News
Mozambique Seeks South African Investment to Unlock New Gas Opportunities
Mozambique is seeking deeper energy cooperation with South Africa...
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Industry News
Boxer Names Justin Galloway CEO-Designate as Profit Before Tax Rises 10.6%
South African discount grocery retailer Boxer has appointed Justin Galloway as chief executive officer-designate as the company prepares for a leadership transition alongside continued...
Industry News
Lockheed Martin Seeks More Moroccan Manufacturers for Global Aerospace Supply Chain
Lockheed Martin is seeking to bring more Moroccan manufacturers into its global aerospace and defence supply chain as the US defence technology company deepens...
Industry News
Paramount and Warner Bros Discovery to Become Skydance After $110 Billion Merger
The combined company created by Paramount’s acquisition of Warner Bros. Discovery will be named Skydance, Paramount Chairman and CEO David Ellison has announced, ahead...
Industry News
Ghana Awards Telecel 5G Spectrum After Ending Ambani Linked Exclusivity Deal
Ghana has awarded Telecel Ghana three spectrum lots in the 2.3 GHz band, clearing the telecommunications operator to strengthen its preparations for a commercial...
Industry News
Managem Profit Surges Nearly Tenfold to $395 Million as Gold and Copper Output Rises
Moroccan mining group Managem has reported a near tenfold increase in first half profit, with earnings attributable to shareholders rising to 3.78 billion Moroccan...
Industry News
Dangote Backs $660 Million Ethiopia Djibouti Fuel Pipeline to Transform East Africa Trade Corridor
Aliko Dangote is backing a $660 million petroleum products pipeline project designed to strengthen fuel security and trade infrastructure between Ethiopia and Djibouti, extending...
Industry News
South Africa Seeks Private Partners for $2.7 Billion Manganese Export Corridor
South Africa is seeking private sector partners to develop and operate the Ngqura Manganese Export Corridor in a project that could require up to...
Industry News
Kraft Heinz Looks to Scale Heinz Zero Success Across Its Global Portfolio
Kraft Heinz is looking to replicate the momentum generated by its cleaner, lower sugar and lower sodium Heinz ketchup as the food giant accelerates...
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OPay Withdraws $304 Million New York IPO Hours After Pricing, Citing Regulatory Inquiry
Chinese billionaire Yahui Zhou’s Nigeria-focused fintech, OPay, has withdrawn...
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