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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...

Global Defence Firms Target Booming Drone Market at Egypt’s Arms Expo as Africa Raises Its Ambitions

Global defence manufacturers are increasing their presence in Africa’s rapidly expanding drone market as international companies gather at the Egypt Defence Expo, which has...

China Accelerates Zero-Tariff Access for Nigerian Exports

China has announced it will fast-track zero-tariff access for Nigerian exports, a move expected to strengthen trade ties and expand market opportunities for Nigerian...

Nigeria Benefits as China Channels Eighty Billion Dollars into Global Cleantech Expansion

Nigeria is emerging as one of the notable African beneficiaries of China’s aggressive push into overseas clean technology, as Beijing prepares to deploy an...

Congo Emerges with Africa’s Best Performing Currency After Renewed Optimism

The Democratic Republic of the Congo has recorded one of the strongest currency rallies on the continent, with the Congolese franc rising by as...

South Africa explores support measures for ferrochrome producers, Eskom says

South Africa is examining new mechanisms to support ferrochrome companies as they grapple with high electricity costs that have eroded competitiveness in a sector...

Morocco to Open Two New Deepwater Ports by 2026 and 2028, Minister Says

Morocco is preparing to commission two major deepwater ports as part of a wider national strategy to expand maritime infrastructure and strengthen its position...

Angola’s Wealth Fund and Gemcorp to Launch New Africa Infrastructure Fund

Angola’s sovereign wealth fund (FSDEA) is partnering with UK-based investment firm Gemcorp to launch a new infrastructure fund focused on financing large-scale projects across...

Renaissance Energy Launches Flare Reduction Project, Boosts Gas Production

Renaissance Energy has inaugurated a major flare reduction initiative at its Nigerian operations, aiming to cut gas flaring while simultaneously increasing natural gas output....
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