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Business Africa
Business Africa
Porsche Pursues New Cost-Cutting Deal as Automaker Prioritizes Profitability Over Volume
Porsche AG is preparing a new cost-cutting agreement with...
Business Africa
Ghana Pushes for Greater Local Control of Gold Fields’ Largest Mine to Boost Mining Revenue
Ghana is seeking to increase local ownership and participation...
Business Africa
Keyamo, Oduwole Launch RwandAir Cargo Route to Boost Nigeria’s Trade With East and Southern Africa
Nigeria has officially launched a new RwandAir cargo corridor...
Business Africa
Kenya Taps TDB and AFC to Arrange $1.2 Billion Financing for Major Airport Expansion
Kenya has appointed the Trade and Development Bank (TDB)...
Business Africa
ZCCM Says CopperTech IPO Could Accelerate $2.7 Billion Expansion of Zambia Copper Mine
Zambia’s state-backed mining investment company ZCCM Investments Holdings (ZCCM-IH)...
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Business Africa
Trump and Xi prepare for high-stakes talks spanning Iran, trade, nuclear security and AI
Donald Trump and Xi Jinping are set for a major summit in Beijing this week, with discussions expected to cover the Iran conflict, nuclear...
Business Africa
AfDB approves $61m financing package for women-led businesses in Nigeria
African Development Bank has approved a $61 million financing package aimed at supporting women-led businesses in Nigeria, as part of broader efforts to expand...
Business Africa
Norway’s sovereign wealth fund explores partnership with Dangote for Africa investments
Norway’s sovereign wealth fund is considering a potential partnership to expand investment exposure across Africa, signalling growing international interest in the continent’s industrial and...
Business Africa
Prosus sells 5% Delivery Hero stake to activist investor in strategic reshuffle
Prosus has sold a 5% stake in Delivery Hero to activist investment firm Sachem Head Capital Management, marking a significant shift in the ownership...
Business Africa
Dangote moves ahead with plans for $17bn Kenya refinery to reshape East Africa’s energy market
Aliko Dangote is advancing plans to build a massive oil refinery in Kenya valued between $15 billion and $17 billion, in a move that...
Africa
Vodacom posts 22.9% profit jump as African operations drive growth
Vodacom reported a 22.9% rise in full-year profit, supported by strong performance across its African markets and continued growth in digital financial services. The...
Business Africa
Jumia doubles down on China imports and Nigeria expansion in push for profitability
Jumia is intensifying its focus on low-cost imports from China while aggressively expanding operations in Nigeria as the company races toward profitability after years...
Business Africa
FIFA to hold separate World Cup opening ceremonies across Mexico, Canada and US
FIFA will stage separate opening ceremonies in Mexico, Canada, and the United States during the 2026 FIFA World Cup, marking the first time the...
Business Africa
Formula One set for another engine overhaul in 2027 amid sustainability push
Formula One is preparing for another major engine regulation change in 2027, as the sport continues efforts to balance performance, cost control, and sustainability...
Business Africa
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...
Business Africa
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....
Business Africa
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....
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Top 10 Digital Content Creators Dominating Nigeria’s Creator Economy in 2026
The Nigerian creator economy has evolved into a powerful...
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MarkHack 5.0 Celebrates Innovation with Hackathon and the 2nd Nigeria MarTechAward
As part of the landmark MarkHack 5.0 Conference, the 2nd edition...
Business Africa
Netflix sets June 5 global release for Blood Sisters Season 2 as original stars return
Blood Sisters will return globally on June 5, 2026,...
Business Africa
Spielberg’s ‘Disclosure Day’ Debuts Atop North American Box Office
Steven Spielberg’s latest science-fiction thriller, “Disclosure Day,” opened at...
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Artistic Oceanfront Luxury — Mango House Seychelles, LXR Hotels & Resorts
Set on the serene southern coast of Mahé, Seychelles,...
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India’s Prestige Denim Invests $20 Million in Egypt as Textile Manufacturing Boom Accelerates
Indian textile manufacturer Prestige Denim Mills will invest $20...
Empire
Meet Jade Ogbeh The Hospitality Entrepreneur Building Communities Through Travel Culture and Innovation
Jade Ogbeh is a Nigerian entrepreneur, hospitality executive, and...
Empire
Meet Director Pink The Visionary Creative Redefining Music Videos on the Global Stage
Director Pink, born Praise Onyeagwalam, is a Nigerian film...
Business Africa
Angola’s Sonangol Secures $2.65 Billion Financing From International Lenders
Angola’s state-owned oil company, Sonangol, has secured a $2.65...