Business Africa

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

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

Business Africa

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

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

Business Africa

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

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

Entertainment News

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

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

Business Africa

Nigeria Takes Helm of UN Budget Committee With Push for Greater Transparency and Reform

Nigeria has assumed the chairmanship of the United Nations...

Technology News

Abu Dhabi’s MGX Raises $49 Billion for One of the World’s Largest AI Investment Funds

MGX, Abu Dhabi’s artificial intelligence-focused investment firm, has raised $49 billion for a new fund dedicated to AI investments, creating one of the largest...

Luxury News

Son of Dubai’s Ruler Acquires £35 Million Belgravia Townhouse in London

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and son of Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, has...

Business Africa

Angola Becomes First African Customer for Aero Vodochody’s L-39 Skyfox Trainer Jets

Czech aircraft manufacturer Aero Vodochody Aerospace has secured new international orders for its L-39 Skyfox advanced trainer aircraft, with Angola becoming the first African...

Business Africa

DR Congo Signs Diamond Partnership With Swiss Firm ADEX to Boost Local Value Addition

The Democratic Republic of Congo (DRC) has signed a strategic agreement with Swiss diamond and gemstone technology company ADEX Platform AG to modernize the...

Business Africa

Dangote Refinery Imports First UAE Crude Cargoes From ADNOC

Nigeria’s 650,000-barrel-per-day Dangote Petroleum Refinery has imported 2 million barrels of crude oil from the Abu Dhabi National Oil Company (ADNOC), marking its first-ever...

Business Africa

Uganda and Standard Chartered Sign €110 Million Road Financing Agreement

The Government of Uganda has signed a €110.5 million ($126.1 million) financing agreement with Standard Chartered Bank Uganda to fund the construction of the...

Business Africa

MSC Commits $1.4 Billion to Vizhinjam Port in Major Boost for Adani Ports

Mediterranean Shipping Company (MSC) has agreed to invest $1.4 billion to acquire a 49% stake in Adani Vizhinjam Port Private Limited, marking the largest...

Business Africa

Thailand Eyes Investments in U.S. LNG Projects to Strengthen Long-Term Energy Security

Thailand is exploring investments in U.S. liquefied natural gas (LNG) export projects as it seeks to diversify energy supplies and strengthen long-term fuel security...

Business Africa

Barclays Secures £750 Million Canary Wharf Headquarters in Landmark Property Deal

Barclays has acquired a 999-year leasehold interest in its global headquarters at One Churchill Place in London’s Canary Wharf for £750 million (approximately $993...

Business Africa

Zain to Invest $1.5 Billion in Syria After Securing New Mobile Network License

Zain Group is set to invest approximately $1.5 billion in Syria after securing a new 20-year mobile telecommunications licence, marking one of the largest...

Business Africa

Airbus Secures $10 Billion SAS Widebody Jet Order in Carrier’s Largest-Ever Fleet Investment

Airbus has secured a landmark order from Scandinavian Airlines (SAS) for up to 40 widebody aircraft, in a deal valued at more than $10...

Business Africa

Kenya and Rwanda Sign Fuel Import Deal to Strengthen Regional Energy Security

Kenya and Rwanda have signed a landmark government-to-government agreement to facilitate Rwanda’s importation of refined petroleum products through Kenya’s energy infrastructure, a move aimed...

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