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Business Africa

Microsoft Nominates Irish billionaire John Collison to Board as Two Directors Step Down

Microsoft has nominated Irish billionaire John Collison, co-founder and...

Ibrahim Mahama’s E&P Pursues $740 Million Claim Against Gold Fields in Ghana

Ghanaian businessman Ibrahim Mahama’s mining company, Engineers & Planners...

Nollywood Mourns Veteran Actor Francis Duru at 57

Veteran Nollywood actor Francis Duru has died at the...

Nigeria Hosts Africa’s Largest-Ever UN Tourism Event

Nigeria has successfully hosted the 68th Meeting of the United Nations Tourism Regional Commission for Africa (CAF), marking the largest United Nations tourism event...

Dangote Refinery to Begin Free Nationwide Delivery of Petrol, Diesel in August

In a bold move set to transform Nigeria’s petroleum downstream sector, the Dangote Petroleum Refinery has announced it will begin free nationwide delivery of...

AfDB Cashes In: $184.1 Million Deal Approved for Egypt’s Flagship Solar Project

The African Development Bank (AfDB) has approved a $184.1 million financing package for what will become Egypt’s largest utility-scale solar power plant, marking a major...

Tanzania Moves to Take Greater Control of Its Gold Sector

Tanzania has joined a growing list of African nations seeking to exert greater control over their gold resources, launching a wide-ranging strategy to boost...

Mali Signs Gold Refining Deal with Russia to Curb Export Revenue Losses

Mali’s transitional government has signed a memorandum of understanding (MoU) with the Russian government to build a large-scale gold refinery in the capital, Bamako....

Tesla Establishes First African Subsidiary in Morocco, Signalling Continent-Wide Expansion

Tesla has officially inaugurated its first African subsidiary, "Tesla Morocco," in Casablanca, marking a pivotal step in the electric vehicle giant's strategic global and...

Nigeria Moves Closer to Exiting FATF Grey List, Signals Financial Market Optimism

Nigeria is edging closer to being removed from the Financial Action Task Force (FATF) grey list, a development expected to boost investor confidence and...
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