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Business Africa

Eurovision stars light up Vienna’s turquoise carpet ahead of opening night

Eurovision Song Contest 2026 contestants and delegations walked the...

Motsepe says strategic partnerships are strengthening South Africa’s mining industry

Patrice Motsepe says growing partnerships between mining companies, governments,...

Nassef Sawiris and Wes Edens push to expand football empire into France

Nassef Sawiris and his Aston Villa co-owner Wes Edens...

Huayou Cobalt moves on $210m takeover of Africa-focused lithium miner

Huayou Cobalt is set to acquire an Africa-focused lithium mining company in a deal valued at about $210 million, reinforcing China’s aggressive push to...

Cevital launches $600m sugar beet project as Algeria pushes food security drive

Issad Rebrab’s conglomerate Cevital has launched a $600 million sugar beet project aimed at boosting domestic sugar production and reducing Algeria’s dependence on imports....

Fitch upgrades Ghana as reforms strengthen fiscal outlook and investor confidence

Ghana has received a credit rating upgrade from Fitch Ratings following stronger fiscal reforms, improving economic indicators, and renewed progress in debt restructuring efforts....

S&P 500 and Nasdaq hit fresh records as AI rally and earnings optimism fuel Wall Street

S&P 500 and Nasdaq Composite climbed to new record highs as investor enthusiasm around artificial intelligence and stronger-than-expected corporate earnings continued to drive gains...

Africa gains ground in global tourism race as arrivals and investment surge

Africa is rapidly strengthening its position in the global tourism industry, with rising visitor numbers, major infrastructure investments, and expanding air connectivity helping the...

Burna Boy and Shakira unite for official FIFA 2026 anthem “Dai Dai”

Burna Boy and Shakira have collaborated on the official song for the 2026 FIFA World Cup, titled “Dai Dai,” marking a major global crossover...

BTS draws 50,000 fans in Mexico as K-pop’s global reach expands

BTS attracted a crowd of about 50,000 fans in Mexico during a major live event that underscored the continued global influence of K-pop. The...

Algeria seals $1bn oil agreement as North Africa intensifies energy expansion

Algeria has signed a $1 billion oil agreement as North African producers accelerate efforts to capture a larger share of the global energy market...

Dangote prepares $10bn cement empire for potential London market debut

Aliko Dangote is positioning his cement business for a possible listing on the London market, a move that could place one of Africa’s largest...

Kenyan exporters gain momentum as China approves new zero-tariff shipments

Kenya has received a fresh trade boost after China cleared additional Kenyan exports under its new zero-tariff access policy, expanding opportunities for East Africa’s...

Zimbabwe pays $146m to foreign farmers as land reform compensation gains momentum

Zimbabwe has begun compensating foreign farmers with payments totalling $146 million while returning 67 previously seized farms, marking a major step in efforts to...

Dangote Group explores new dollar bond sales to finance expansion drive

Aliko Dangote’s conglomerate is considering additional U.S. dollar bond issuances as it seeks fresh capital to support expansion projects across energy, manufacturing, and infrastructure....
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