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Business Africa

Dangote Sugar Secures $356 Million to Cut Debt and Accelerate Local Production

Dangote Sugar Refinery has raised ₦486 billion ($356 million)...

Nathan Kirsh Crosses $20 Billion Mark as Sysco Deal Reshapes Africa’s Wealth Rankings

Eswatini based billionaire Nathan “Natie” Kirsh has crossed the...

Tinubu Courts Diaspora Capital as Nigeria Seeks More Productive Investment

President Bola Ahmed Tinubu has urged Nigerians living abroad...

Ayra Starr Expands Global Afropop Run With Third Album Starrgirl

Nigerian Afrobeats star Ayra Starr has released her third...

Trustar Nears $1.3 Billion Acquisition of Alibaba’s Gaming Business

Private equity firm Trustar Capital is nearing an agreement...

Sahel Bloc Exit from ECOWAS Triggers Economic Uncertainty Across West Africa

Mali, Burkina Faso, and Niger are navigating economic uncertainty following their formal withdrawal from the Economic Community of West African States (ECOWAS) in January...

Kenya Raises Legal Drinking Age to 21, Restricts Alcohol Sales to Bars Only

The Kenyan government has approved a new national policy that raises the legal drinking age from 18 to 21 and restricts alcohol sales to...

Intra-Africa Trade Reaches $220 Billion as Key Economies Rebound

Intra-African trade rose to an all-time high of $220.3 billion in 2024, reflecting a 12.4% year-on-year increase as the continent’s top economies recovered from...

Coca-Cola to Sell Chivita|Hollandia to UAC of Nigeria in Strategic Market Exit

The Coca-Cola Company has announced an agreement to sell its majority stake in Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC, marking a significant...
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