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Business Africa

Trump Names Stephen Miller Chief of Staff After Midterm Rout

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

China and Gabon Elevate Relations, Deepen Mining and Security Cooperation

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

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

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

Nigeria Signs Deal with South Korea to Launch Africa’s First Electric Vehicle Factory

Nigeria has signed a memorandum of understanding (MoU) with South Korea’s Asia Economic Development Committee (AEDC) to establish Africa’s first electric vehicle (EV) manufacturing...

Burkina Faso Hits Record 94 Tonnes of Gold Output as Mining Reforms Gain Traction

Burkina Faso achieved a record 94 tonnes of gold production in 2025, marking the highest annual output in the country’s history. The surge reflects...

US Treasury Has Not Pledged Funds to AfDB’s 2025 ADF Financing Round, Spokesman Says

The U.S. Treasury Department has not pledged funding to the African Development Bank’s (AfDB) 2025 African Development Fund (ADF) replenishment round, a Treasury spokesman...

Morocco’s Energy Ministry Puts Gas Projects on Hold

Morocco’s energy ministry has put planned gas infrastructure projects on hold, suspending a recent tender linked to pipeline development as it reviews its strategy....
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