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Business Africa

Business Africa

Morocco explores undersea link to Portugal as Africa seeks new trade corridors

Morocco and Portugal are considering a proposed undersea highway...
Business Africa

Nigerian stocks surge nearly 4%, extending 2026 rally beyond 50%

Nigerian Exchange Limited equities jumped close to 4% in...
Business Africa

Google Cloud outpaces rivals as AI demand drives Big Tech earnings beat

Google has reported stronger-than-expected growth in its cloud division,...
Business Africa

AFC mobilises global lenders including Citi to finance Lobito corridor project

Africa Finance Corporation is lining up a consortium of...
Business Africa

South Sudan to end Oranto Petroleum’s Block B3 licence in sector reset

South Sudan has said it will not renew the...
Business Africa

Starlink Plans $113 Million Investment to Expand Satellite Internet in South Africa

Photo by Jonathan Raa/NurPhoto via Getty Images
Business Africa

World Bank Approves $360 Million Support Package for Ghana’s Economic Recovery

The World Bank has approved a $360 million financing package to support Ghana’s ongoing economic recovery and structural reform efforts, as the West African...
Business Africa

Mali Moves to Nationalise Gold Assets as Foreign Miners Exit

The government of Mali has finalised the takeover of several gold mining sites left dormant by departing foreign operators, reinforcing its shift toward national...
Business Africa

Chad Turns to Biomass Briquettes to Curb Deforestation and Reinvent Rural Energy

Photo by Joris Bolomey _ AFP
Business Africa

Shell to Increase Stake in Nigeria’s Deepwater Bonga Field

Shell is set to deepen its investment in Nigeria’s offshore energy sector with a move to increase its stake in the Bonga deepwater oil...
Business Africa

DR Congo President Hails Peace Deal With Rwanda as Catalyst for Regional Prosperity

Photo credit: Michele Spatari, AFP
Business Africa

Energy Aggregators Are Paving the Way for a Liberalised Electricity Market in South Africa

Photo credit: Waldo Swiegers/Bloomberg
Business Africa

Dangote Group Eyes Market Debut: Fertiliser Listing Planned for 2025, Refinery for 2026

The Dangote Group is set to reshape Nigeria’s capital markets with plans to list two of its industrial powerhouses; Dangote Fertiliser in 2025, followed...
Business Africa

Zeenab Foods Raises ₦10.22 Billion in Oversubscribed Series 4 Commercial Paper Offer

Zeenab Foods Limited has raised ₦10.22 billion through its Series 4 Commercial Paper (CP) issuance, marking another significant milestone in the company’s capital market...
Business Guide

Rest is a Strategy: The Executive Case for Prioritizing Employee Leave

In Africa's dynamic business environment, the cultural badge of pride still remains tied to endless hustle. "No days off" is celebrated, and holidays are...
Business Africa

Sterling Financial Holdings Sets Strong Outlook for 2025 Following Record Profit Growth

Following its impressive 102% profit growth in 2024, Sterling Financial Holdings enters 2025 with a strengthened financial base and expanded operational capacity. With profit...
Business Africa

Afreximbank to Recruit 250,000 for $5 Billion Textile Facility in Nigeria

Afreximbank, in collaboration with industrial platform ARISE Integrated Industrial Platforms (ARISE IIP) and Swiss textile technology leader Rieter, is set to transform the African...
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