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Business Africa

Crop Trader Olam to Invest Additional $400 Million in Africa as Diets Shift

Olam Agri is planning to invest approximately $400 million...

Google Commits $15 Billion to Malaysia Data Centre and Digital Infrastructure Expansion

Google, the technology subsidiary of Alphabet, has announced plans...

South Africa’s Grindrod to Begin Coal Haulage on Transnet Rail in 2027

South African logistics group Grindrod is preparing to begin...

Nigerian Billionaire Aliko Dangote Plans Undersea Fuel Pipeline from Nigeria to Ghana

Nigerian industrialist Aliko Dangote is planning an undersea petroleum...

Paramount Wins Court Approval for $110 Billion Warner Bros Deal as Mattel’s Ynon Kreiz Named Co CEO

Paramount Skydance has received the final judicial clearance needed to complete its acquisition of Warner Bros. Discovery in a transaction valued at approximately $110...

Absa Becomes First African Bank to Offer Institutional Digital Asset Custody

Absa has become the first African bank to launch an institutional digital asset custody service, opening a new chapter in the continent’s evolving financial...

Gabon Returns to International Bond Markets With $920 Million Eurobond

Gabon has returned to international capital markets with a $920 million Eurobond, exceeding its initial $750 million target as strong investor demand enabled the...

Honeywell Selected to Help Build Dangote’s $16 Billion Lamu Refinery

Dangote Petroleum Refinery and Petrochemicals has selected Honeywell Technologies to provide engineering services, licensing, process technologies and equipment for its planned $16 billion, 700,000...

Ethiopian Airlines Signs Boeing Deal for 10 Freighters as Africa’s Cargo Network Expands

Ethiopian Airlines is set to sign an agreement with Boeing for 10 freighter aircraft, strengthening the carrier’s position as Africa’s leading air cargo operator...

Game of Thrones Movie Aegon’s Conquest Sets June 2029 Release Date

The Game of Thrones franchise is heading to the big screen for the first time, with Game of Thrones: Aegon’s Conquest officially scheduled to...

Governor Otti Urges Igbo Traders to Shift From Conventional Commerce to Manufacturing and Digital Trade

Abia State Governor Alex Otti has urged Igbo traders and entrepreneurs to move beyond conventional trading and accelerate investments in manufacturing and digital commerce...

Sultan Haitham and President Duma Boko Deepen Oman Botswana Ties During State Visit

Sultan Haitham bin Tarik of Oman paid a two day state visit to Botswana from September 16 to 17, where he was received by...

Dangote and President William Ruto Lead Lamu Groundbreaking Ceremony for $16 Billion East Africa Refinery

Dangote Group and President William Ruto lead the groundbreaking ceremony for the planned $16 billion East Africa Refinery in Lamu County, Kenya, marking the...

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...

Northern Star Rejects Gold Fields $27 Billion Bid to Create Global Gold Mining Giant

Australia’s Northern Star Resources has rejected an unsolicited A$38.7 billion, approximately $27.1 billion, takeover proposal from South Africa’s Gold Fields that would have created...

Zambia Targets 7% Average Growth as Government Pushes Investment and Export Expansion

Zambia is targeting average economic growth of about 7% over the next three years as the government seeks to move beyond macroeconomic stabilisation and...
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