Business Africa

World News

Nigeria Presides Over Key UN Elections as Jimoh Ibrahim Leads Fifth Committee Proceedings

Nigeria has taken a prominent role in the United...

World News

Trump Names Stephen Miller Chief of Staff After Midterm Rout

US President Donald Trump has appointed longtime adviser Stephen...

Business Africa

Zambia Targets 4.9% Economic Growth and Smaller Budget Deficit in 2027

Zambia is targeting economic growth of 4.9% in 2027...

Business Africa

China and Gabon Elevate Relations, Deepen Mining and Security Cooperation

China and Gabon have elevated their bilateral relationship to...

Finance

Fola Aiyesimoju’s UAC Stake Nearly Doubles to $10.8 Million as Shares Rally

Nigerian investment dealmaker and UAC of Nigeria Group Managing...

Business Guide

Brand Positioning: How to Differentiate in Saturated Markets

In saturated markets, competition is not just intense, it is constant. Customers are presented with numerous options offering similar features, comparable pricing, and nearly...

Business Africa

Dangote Refinery Issues Tenders to Sell Gasoil and Jet Fuel

Nigeria’s Dangote Petroleum Refinery has issued tenders to sell cargoes of gasoil (diesel) and jet fuel for loading in March, a trade source said,...

Business Africa

Aliko Dangote Unveils Expansion Into Steel, Power and Ports

Aliko Dangote, Africa’s richest man and president of the Dangote Group, has announced plans to expand the group’s operations into steel production, electricity generation...

Business Africa

UK Government-Owned BII Moves to Take Controlling Stake in Zambia’s Zambeef

British International Investment is seeking a controlling interest in Zambeef Products Plc by converting its existing preference shares into ordinary shares, according to Reuters.The...

Business Africa

Aspen Pharmacare Targets Canadian Entry With Ozempic Generic by Third Quarter

Aspen Pharmacare plans to enter the Canadian market with a generic version of Ozempic by the second or third quarter of 2026, following the...

Business Africa

Mosiuoa Lekota, Veteran ANC Breakaway Leader, Dies at 77

Mosiuoa Lekota, the anti-apartheid activist who later led a historic split from the African National Congress (ANC) to co-found the Congress of the People...

Business Africa

Kenya Floats Tender for New Airport to Relieve JKIA Capacity Pressure

Kenya has issued a tender for the construction of a new airport facility adjacent to Jomo Kenyatta International Airport (JKIA) as part of efforts...

Business Africa

Chery to Launch iCAUR Electric Vehicle Brand in South Africa in May

Chery Automobile will launch its new electric vehicle sub-brand iCAUR in South Africa in May 2026, marking the company’s latest expansion into the African...

Business Africa

Ibrahim Mahama Secures US$205 Million Banking Backing to Expand Gold Fields Operations

Ghanaian industrialist Ibrahim Mahama has secured a US$205 million financing package to scale his company’s contract mining operations with Gold Fields Ghana, reinforcing the...

Business Africa

Africa’s Largest Graphite Mine Secures Seven-Year Supply Deal With Canada’s NextSource

Syrah Resources has signed a seven-year graphite supply agreement with NextSource Materials, sourcing material from the Balama graphite mine, Africa’s largest graphite operation, according...

Business Africa

Nigeria’s Net Foreign Reserves Soar 772% to $34.8 Billion, Exceed Entire 2023 Gross Stock

Nigeria’s net foreign exchange reserves surged by 772 percent, reaching $34.8 billion at the end of 2025, far surpassing the country’s entire gross reserves at...

Business Africa