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Business Africa

Egypt unveils Tutankhamun artefact and restored ancient tombs in Luxor

Egypt has unveiled a newly exhibited artefact linked to the tomb of Tutankhamun alongside two restored New Kingdom tombs in Luxor as the country...

Morocco plans $2bn budget boost to cushion economy from Middle East tensions

Morocco is preparing to inject an additional $2 billion into its national budget to help soften the economic impact of escalating conflict in the...

LASG awards ₦900m in grants to researchers and startups to drive innovation

Lagos State Government has awarded more than ₦900 million in grants to 155 researchers and startups as part of efforts to strengthen innovation, scientific...

South Africa opens freight rail network to 11 private operators in major reform push

South Africa has granted 11 private companies access to operate trains on its national freight rail network in a landmark reform aimed at improving...

Nigeria seeks associate membership in International Energy Agency

Nigeria has formally requested associate member status in the International Energy Agency as Africa’s largest oil producer looks to deepen international energy cooperation and...

Airtel posts stronger profit as premium subscribers and Africa operations drive growth

Airtel reported a rise in profit driven by higher-paying subscriber upgrades in India and continued strong performance from its African business operations. The results...

Libya targets Ras Lanuf refinery restart within one year, NOC says

Libya is aiming to restart operations at the Ras Lanuf oil refinery within the next year as the country moves to revive critical energy...

Egypt secures $1.5bn ITFC financing deal to strengthen food and energy security

Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation to support the country’s food and energy security programmes...

Netflix sets June 5 global release for Blood Sisters Season 2 as original stars return

Blood Sisters will return globally on June 5, 2026, with Netflix confirming the comeback of its original cast alongside several new additions to the...

FirstRand hires BofA and RMB to advise on potential sale of Aldermore

FirstRand has appointed Bank of America and Rand Merchant Bank to advise on a potential sale of its UK-based lender Aldermore, according to reports...

Genevieve Nnaji makes screen return in BBC Studios thriller “Wahala”

Genevieve Nnaji is set to return to the screen in Wahala, a new television thriller produced by BBC Studios, marking one of the actress’s...

Uganda plans first sovereign sukuk to finance strategic railway expansion

Uganda is preparing to issue its first sovereign sukuk as the government seeks alternative financing to support a major railway infrastructure project aimed at...
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