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Business Africa

CXMT Enters Xiaomi Foldable Supply Chain With New LPDDR6 Memory

China’s leading memory chipmaker ChangXin Memory Technologies (CXMT) will...

Trump Announces US Control of $65 Billion Barrels of Venezuelan Oil Reserves

President Donald Trump says the United States has reached...

India Moves to Put Red Warning Labels on High Sugar and Salt Foods After Public Backlash

India’s Food Safety and Standards Authority of India (FSSAI)...

Nike Taps Former Foot Locker Executive Kristin Bauer to Lead Converse Operations

Nike has hired former Foot Locker executive Kristin Bauer...

Singapore Deepens Egypt Investment Push as Bilateral Trade Ties Gain Momentum

Singapore is stepping up efforts to deepen investment and...

Nigeria Discovers Fresh Crude, Reinforcing Its Lead as Africa’s Top Oil Producer

Nigeria’s oil sector received a boost after the Nigerian National Petroleum Company (NNPC) Limited and Chevron Nigeria Limited confirmed a new discovery at the...

Ivory Coast Rains Expected to Support Cocoa Mid-Crop, Farmers Say

Farmers in Ivory Coast’s cocoa-growing regions said recent rainfall is likely to support the development of the country’s mid-crop, providing relief during a typically...

Dubai-Based Group Develops 200 MW Thermal Power Plant in Burkina Faso

A Dubai-based industrial group, Mark Cables, has completed the development of a 200-megawatt thermal power plant in Burkina Faso, aimed at addressing the country’s...

Nigeria Secures Spot Among Africa’s Top Five Economies as Reserves Hit $46 Billion, Strongest in Eight Years

Nigeria has retained its position among Africa’s top five largest economies as its external foreign exchange reserves rose to about $46 billion, the highest...

Mali Takes 51% Stake in China-Backed Local Explosives Venture

Mali has taken a controlling 51 percent stake in a new industrial explosives joint venture backed by China, strengthening state oversight of a strategic...

Guinea’s Bauxite Exports Jump 25% to 183 Million Tons in 2025 on Chinese Demand

Guinea’s bauxite exports increased by 25 percent to about 183 million metric tons in 2025, driven largely by rising demand from China, strengthening the...
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