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Business Africa

Eric Trump Expands Family’s Defence Portfolio With Space-Eyes Investment

Eric Trump has expanded the Trump family’s presence in...

FIFA Abandons World Cup Stake Sale Plan After Global Backlash

FIFA has abandoned its controversial proposal to sell a...

Magaia’s Last Gasp Equaliser Keeps South Africa’s WAFCON Hopes Alive

South Africa kept their 2026 Women’s Africa Cup of...

Johann Rupert Tightens Grip on South African Healthcare With $947 Million Mediclinic Deal

South African billionaire Johann Rupert has strengthened his influence over the country’s private healthcare sector after his investment holding company, Remgro, completed the acquisition...

Google and Idris Elba Launch $1 Million AI Initiative for 100,000 African Creators

Google has partnered with award-winning actor and entrepreneur Idris Elba to launch a $1 million initiative that will provide 100,000 African creators with free...

World Bank Backs Nigeria’s 2026–2032 Development Plan With $1.25 Billion to Drive Jobs and Private Investment

The World Bank Group has approved a new 2026–2032 Country Partnership Framework (CPF) for Nigeria, alongside a $1.25 billion financing package aimed at accelerating...

PlayStation to End Physical Disc Production for New Games From 2028

Sony Interactive Entertainment has announced that it will discontinue the production of physical discs for all new PlayStation games beginning January 2028, marking a...

Google Surpasses $1 Billion Africa Investment Target With New AI and Connectivity Initiatives

Google has exceeded its five-year commitment to invest $1 billion in Africa, unveiling a fresh wave of infrastructure, artificial intelligence, and digital skills initiatives...

Mexico Ends 40-Year World Cup Knockout Drought to Reach Round of 16

Mexico ended a 40-year wait for a FIFA World Cup knockout-stage victory after defeating Ecuador 2-0 in Mexico City, securing a place in the...

Abu Dhabi’s MGX Raises $49 Billion for One of the World’s Largest AI Investment Funds

MGX, Abu Dhabi’s artificial intelligence-focused investment firm, has raised $49 billion for a new fund dedicated to AI investments, creating one of the largest...

Son of Dubai’s Ruler Acquires £35 Million Belgravia Townhouse in London

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and son of Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, has...

Angola Becomes First African Customer for Aero Vodochody’s L-39 Skyfox Trainer Jets

Czech aircraft manufacturer Aero Vodochody Aerospace has secured new international orders for its L-39 Skyfox advanced trainer aircraft, with Angola becoming the first African...

DR Congo Signs Diamond Partnership With Swiss Firm ADEX to Boost Local Value Addition

The Democratic Republic of Congo (DRC) has signed a strategic agreement with Swiss diamond and gemstone technology company ADEX Platform AG to modernize the...

Dangote Refinery Imports First UAE Crude Cargoes From ADNOC

Nigeria’s 650,000-barrel-per-day Dangote Petroleum Refinery has imported 2 million barrels of crude oil from the Abu Dhabi National Oil Company (ADNOC), marking its first-ever...

Uganda and Standard Chartered Sign €110 Million Road Financing Agreement

The Government of Uganda has signed a €110.5 million ($126.1 million) financing agreement with Standard Chartered Bank Uganda to fund the construction of the...
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