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Business Africa

Eni explores third floating LNG project offshore Mozambique

Eni is considering the development of a third floating liquefied natural gas platform off the coast of Mozambique as the energy giant deepens its...

Zambia’s state investment firm enters joint venture to expand gold mining sector

Industrial Development Corporation Zambia has formed a new joint venture aimed at expanding gold mining operations in Zambia as the government intensifies efforts to...

Pick n Pay raises $282m through partial sale of Boxer Retail stake

Pick n Pay Stores has raised about $282 million through the sale of part of its stake in Boxer Retail as the retailer continues...

Global health experts meet to fast-track vaccine options for rare Ebola Bundibugyo strain

International health experts led by the World Health Organization are convening urgent discussions to explore vaccine options against the rare Bundibugyo strain of Ebola...

South Africa’s Coega green ammonia project selects Topsoe in $1bn clean energy deal

South Africa’s Coega green ammonia project has selected Danish engineering company Topsoe for a deal valued at about $1 billion, marking a major step...

Equity Bank targets Southern Africa expansion with focus on Lobito Corridor trade route

Equity Group Holdings is planning a major expansion into Southern Africa as it positions itself to capitalise on growing trade opportunities linked to the...

Dangote raises planned Ethiopia fertiliser project to $4bn in major expansion push

Aliko Dangote has expanded plans for his proposed fertiliser plant in Ethiopia to about $4 billion, significantly increasing the scale of one of Africa’s...

Qatari billionaire family targets African infrastructure with Ethiopia airport and Congo road bids

A prominent Qatari billionaire family is pursuing major infrastructure investments in Africa, including bids linked to a new airport project in Ethiopia and a...

East African refinery project gains momentum as Museveni backs Dangote-led regional plan

Yoweri Museveni has thrown his support behind a proposed East African regional refinery project championed by Aliko Dangote, signaling growing momentum for a multi-billion-dollar...

Egypt and Eritrea launch new shipping route to strengthen Red Sea trade corridor

Egypt and Eritrea have launched a new maritime shipping line aimed at strengthening trade and logistics across the Red Sea as regional governments seek...

Uganda enacts new law aimed at limiting foreign influence

Yoweri Museveni has signed a contentious new law designed to tighten government oversight of foreign-funded organisations and political activity in Uganda, drawing criticism from...

New James Bond Search Officially Begins as 007 Auditions Get Underway

The hunt for the next James Bond has officially begun, ending years of speculation over who will succeed Daniel Craig as cinema’s most iconic...
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