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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...

World Bank Approves $750 Million Budget Support for Kenya

The World Bank has approved $750 million in budget support for Kenya, providing a major financial boost as the East African nation advances reforms...

Longchamp Appoints Chinese Opera Star Chen Lijun as Local Brand Ambassador

French luxury fashion house Longchamp has named acclaimed Chinese Yue opera star Chen Lijun as its new local brand ambassador, reinforcing the brand’s commitment...

South Korea Unveils $576 Billion AI and Chip Investment Drive Led by Samsung and SK Hynix

South Korea has unveiled an ambitious 800 trillion won ($576 billion) investment programme aimed at cementing its leadership in artificial intelligence and semiconductor manufacturing,...

Australia and Vanuatu Sign Landmark Pact After Deadlock Over China Ties

Australia and Vanuatu have signed a long-delayed security and development agreement, ending months of negotiations that had stalled over concerns about the Pacific nation’s...

China Tech ETF Draws Record Inflows Despite Global Chip Market Selloff

Investors poured a record amount of capital into a leading China technology exchange-traded fund (ETF) despite a sharp global selloff in semiconductor stocks, underscoring...

Verizon and BT Form Joint Venture to Strengthen Global Connectivity for Multinational Businesses

Verizon Communications and BT Group have agreed to combine their international enterprise operations into a 50:50 joint venture, creating a new global connectivity business...

Amazon’s Quick Commerce Expansion Wipes $15 Billion Off Eternal and Swiggy’s Market Value

Shares of Indian quick commerce leaders Eternal and Swiggy suffered a combined market value loss of about $15 billion after Amazon unveiled an aggressive...

South Africa’s Takealot Turns First Full-Year Profit as Revenue Surpasses $1 Billion

South Africa’s leading e-commerce company, Takealot Group, has reported its first full-year adjusted operating profit, marking a major milestone in its 15-year history as...

Trustpilot Partners With Shopify to Bring Verified Reviews Directly to Online Stores

Trustpilot has partnered with Shopify to enable merchants to display and manage verified customer reviews directly within their online stores, a move aimed at...

Porsche Weighs Shifting Cayenne Production to Leipzig Amid Manufacturing Review

Porsche is considering relocating production of its iconic Cayenne sport utility vehicle to its Leipzig manufacturing plant as part of a broader review aimed...

World Bank Approves $1.1 Billion Emergency Financing to Strengthen Bangladesh’s Food Security

The World Bank has approved $1.1 billion in emergency financing for Bangladesh to help stabilize food supplies, secure fertilizer imports, and protect vulnerable households...

Knorr Jollof Fest 2026 Celebrates Nigeria’s Smokey Party Jollof and Cultural Heritage

Knorr Jollof Fest 2026 once again celebrated the authenticity and enduring appeal of Nigeria’s signature Smokey Party Jollof Rice, bringing together thousands of food...
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