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Business Africa

Martina Biene Moves to Å koda as Christiane Zorn Takes Over Volkswagen Group Africa

Volkswagen Group Africa Chairperson and Managing Director Martina Biene...

CaixaBank’s BPI Exits Angola With €388.5 Million Sale of BFA Stake

CaixaBank’s Portuguese subsidiary Banco BPI has agreed to sell...

Dangote Refinery Targets Up to $1.8 Billion in Landmark Nigerian IPO

Nigeria’s Dangote Petroleum Refinery is preparing to raise between...

Folagade Banks Takes Mama Deola From Viral Skits to Kava TV Original Film

Nigerian actor, comedian and filmmaker Folagade Banks has premiered...

Apple Plans Five New iPhones Through 2027 as Foldable Push Drives Supply Chain Shift

Apple is preparing one of its most ambitious iPhone product cycles, with plans to launch at least five new iPhone models between the second...

Nigeria Becomes First OPEC Member to Join IEA as Associate Country

Nigeria has become the first member of the Organization of the Petroleum Exporting Countries (OPEC) to join the International Energy Agency (IEA) as an...

US Commits $1.3 Billion to Tanzania Under Five-Year Health Partnership

The United States has signed a five-year memorandum of understanding (MoU) with Tanzania, committing more than $1.3 billion to strengthen the East African nation’s...

Pick n Pay Launches AI Grocery Shopping Assistant to Strengthen Digital Retail in South Africa

South African retailer Pick n Pay has launched an artificial intelligence-powered grocery shopping assistant called Penny, as the company accelerates its digital transformation and...

Tommy Hilfiger to Transform The Plaza Hotel for Spring 2027 New York Fashion Week Show

Tommy Hilfiger is set to transform New York City’s iconic The Plaza Hotel into the backdrop for its Spring 2027 runway presentation, marking one...

The Macallan and The Delborough Host Exclusive Michelin-Star Dining Experience in Lagos

The Macallan partnered with luxury hospitality destination The Delborough Lagos to host an exclusive Michelin-star dining experience, bringing together some of Nigeria’s leading business...

Johann Rupert Tightens Grip on South African Healthcare With $947 Million Mediclinic Deal

South African billionaire Johann Rupert has strengthened his influence over the country’s private healthcare sector after his investment holding company, Remgro, completed the acquisition...

Google and Idris Elba Launch $1 Million AI Initiative for 100,000 African Creators

Google has partnered with award-winning actor and entrepreneur Idris Elba to launch a $1 million initiative that will provide 100,000 African creators with free...

World Bank Backs Nigeria’s 2026–2032 Development Plan With $1.25 Billion to Drive Jobs and Private Investment

The World Bank Group has approved a new 2026–2032 Country Partnership Framework (CPF) for Nigeria, alongside a $1.25 billion financing package aimed at accelerating...

PlayStation to End Physical Disc Production for New Games From 2028

Sony Interactive Entertainment has announced that it will discontinue the production of physical discs for all new PlayStation games beginning January 2028, marking a...

Google Surpasses $1 Billion Africa Investment Target With New AI and Connectivity Initiatives

Google has exceeded its five-year commitment to invest $1 billion in Africa, unveiling a fresh wave of infrastructure, artificial intelligence, and digital skills initiatives...

Mexico Ends 40-Year World Cup Knockout Drought to Reach Round of 16

Mexico ended a 40-year wait for a FIFA World Cup knockout-stage victory after defeating Ecuador 2-0 in Mexico City, securing a place in the...
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