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Business Africa

Eskom explores nuclear funding talks as South Africa eyes energy expansion

Eskom is in early-stage discussions with the World Bank and other development finance institutions over potential funding for nuclear energy projects as South Africa...

Otedola Commits $100 Million to Dangote Refinery Ahead of Landmark IPO

Femi Otedola has committed $100 million toward acquiring a stake in Dangote Refinery ahead of its planned initial public offering, further strengthening investor confidence...

“Call of My Life” Sparks Nollywood’s Romcom Renaissance

Call of My Life has made an impressive entrance at the Nigerian box office, grossing ₦78.2 million during its opening weekend and emerging as...

Nigerian stars Tems, Wizkid, Burna Boy and Asake land major nominations at the 2026 BET Awards

Tems, Wizkid, Burna Boy, and Asake have secured major nominations for the 2026 BET Awards, further cementing Afrobeats’ growing global dominance, according to ChannelsTv...

Xi and Putin deepen strategic alliance with new trade and energy agreements

Xi Jinping and Vladimir Putin have signed a series of new agreements covering trade, energy cooperation, infrastructure, technology, and strategic investment as both countries...

Africa’s largest asset manager explores stake acquisition in Balwin Properties

Public Investment Corporation, Africa’s biggest fund manager, is in talks to acquire a stake in Balwin Properties as institutional investors increase interest in South...

AES bloc pushes resource sovereignty as Niger signs $1bn energy deals with China

Niger has signed energy agreements worth about $1 billion with China as military-led governments within the Alliance of Sahel States intensify efforts to assert...

South Africa’s CHARGE rolls out off-grid EV charging network on key transport corridor

CHARGE has launched a series of off-grid electric vehicle charging stations along the Johannesburg-to-Durban corridor as South Africa accelerates efforts to expand sustainable transport...

Ethiopia injects $500m into market through special foreign exchange auction

Ethiopia’s central bank has allotted $500 million through a special foreign exchange auction as authorities intensify efforts to stabilise the country’s currency market and...

World Bank’s MIGA plans major Africa expansion with $6.4bn annual guarantee target

Multilateral Investment Guarantee Agency plans to more than double the value of guarantees it issues for projects in Africa to about $6.4 billion annually...

The Devil Wears Prada 2 becomes global box office hit with over $546m worldwide

The Devil Wears Prada 2 has emerged as one of the year’s biggest commercial successes after earning $546 million globally just three weeks after...

ZEN Petroleum founder emerges as largest individual investor in Ghana Stock Exchange history

William Tewiah has become the richest individual investor in the history of the Ghana Stock Exchange following a major equity acquisition tied to Ghana’s...
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