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Business Africa

Amazon’s Quick Commerce Expansion Wipes $15 Billion Off Eternal and Swiggy’s Market Value

Shares of Indian quick commerce leaders Eternal and Swiggy suffered a combined market value loss of about $15 billion after Amazon unveiled an aggressive...

South Africa’s Takealot Turns First Full-Year Profit as Revenue Surpasses $1 Billion

South Africa’s leading e-commerce company, Takealot Group, has reported its first full-year adjusted operating profit, marking a major milestone in its 15-year history as...

Trustpilot Partners With Shopify to Bring Verified Reviews Directly to Online Stores

Trustpilot has partnered with Shopify to enable merchants to display and manage verified customer reviews directly within their online stores, a move aimed at...

Porsche Weighs Shifting Cayenne Production to Leipzig Amid Manufacturing Review

Porsche is considering relocating production of its iconic Cayenne sport utility vehicle to its Leipzig manufacturing plant as part of a broader review aimed...

World Bank Approves $1.1 Billion Emergency Financing to Strengthen Bangladesh’s Food Security

The World Bank has approved $1.1 billion in emergency financing for Bangladesh to help stabilize food supplies, secure fertilizer imports, and protect vulnerable households...

Knorr Jollof Fest 2026 Celebrates Nigeria’s Smokey Party Jollof and Cultural Heritage

Knorr Jollof Fest 2026 once again celebrated the authenticity and enduring appeal of Nigeria’s signature Smokey Party Jollof Rice, bringing together thousands of food...

Nu Stadium Hosts Spectacular KidSuper Spring Summer 2027 Runway Show

Nu Stadium, home of Inter Miami CF, transformed into a global fashion stage as KidSuper unveiled its Spring/Summer 2027 collection in a one-night runway...

Supergirl Takes Flight With $7.8 Million in Box Office Previews

Warner Bros. Pictures and DC Studios have kicked off the theatrical run of Supergirl with a solid $7.8 million in domestic preview earnings, giving...

China Approves Standard Bank and ICBC as Africa’s First Renminbi Clearing Banks

China’s People’s Bank of China (PBOC) has authorized Standard Bank Group and the Industrial and Commercial Bank of China (ICBC) to jointly clear Renminbi...

SpaceX Plans ‘Starpipe’ Gas Pipeline to Power Next Generation of Starship Launches

SpaceX is preparing to build an 8-mile (13-kilometre) natural gas pipeline, dubbed “Starpipe,” to supply fuel directly to its Starbase launch facility in Texas...

Samsung Readies $648 Billion Investment Drive as AI Boom Reshapes South Korea

Samsung Group is reportedly preparing to unveil a sweeping 1,000 trillion won ($648 billion) investment plan over the next decade, positioning artificial intelligence, semiconductors,...

Kia Defies Global Auto Slowdown as Rising EV and Hybrid Demand Fuels Growth

Kia Corporation is outperforming much of the global automotive industry as demand for electric vehicles (EVs) and hybrid models strengthens, driven in part by...
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