Business Africa

Ant International Weighs $1 Billion Fundraising to Accelerate Global Expansion

Singapore-based fintech firm Ant International is considering raising approximately...

Business Africa

Logitech Unveils $80 Folding Travel Mouse Targeting Mobile Professionals

Logitech has introduced the Mobi Fold, a new ultra-portable...

Business Africa

Jim Ovia Expands Luxury Real Estate Portfolio, Betting on Property Over Banking Returns

Jim Ovia, founder of Zenith Bank, is deepening his...

Business Africa

Africa Dominates Global Off-Grid Solar Market as Adoption Surges Across Homes and Businesses

Africa strengthened its position as the world’s largest off-grid...

Business Africa

Egypt Boosts Sinai Oil Output to Nine-Year High With Eni’s Support as Energy Import Costs Rise

Egypt has increased crude oil production from its Sinai...

Business Africa

Vedanta eyes New York listing to fund expansion of Zambia copper operations

Vedanta Resources, the mining group controlled by Indian billionaire Anil Agarwal, is seeking fresh capital for its Zambian copper business through a planned stock...

Business Africa

Zambia sweetens buyback offer for $1.36 billion Eurobond as debt management push intensifies

Zambia has enhanced its offer to repurchase its $1.36 billion Eurobond due in 2053, increasing incentives for bondholders in a bid to secure stronger...

Business Africa

Mozambique tightens control of mining sector with 15% state stake and local processing mandate

Mozambique has enacted a sweeping new mining law requiring a minimum 15% state ownership stake in all mining projects and mandating local processing of...

Business Africa

Mr Price posts modest earnings growth as NKD acquisition costs weigh on results

South African fashion and homeware retailer Mr Price Group reported a modest increase in annual earnings, with growth partly constrained by one-off expenses linked...

Business Africa

China recruits top AI talent from the U.S. as race for next-generation ‘super-apps’ intensifies

China is intensifying efforts to attract and retain elite artificial intelligence talent from the United States and other global technology hubs as competition accelerates...

Entertainment News

Serena Williams confirms stunning return to tennis at Queen’s Club

Tennis legend Serena Williams is set to make a sensational return to competitive tennis at the Queen’s Club Championships in London, marking her first...

Business Africa

New Zealand bond auction draws record demand after government trims debt issuance

New Zealand’s government bond market has attracted record investor demand after the government announced plans to reduce future debt issuance, signaling growing confidence in...

Business Africa

Netflix turns to AI to help viewers cut through content overload

Netflix is expanding its use of artificial intelligence to help subscribers navigate an ever-growing library of movies, series, documentaries, and games, as the streaming...

Business Africa

AFC secures $2 billion funding backed by Asian banks to power Africa’s infrastructure drive

The Africa Finance Corporation (AFC) has raised $2 billion in fresh financing, with strong participation from lenders across Asia, the Middle East, Europe, and...

Business Africa

Ghana targets investment-grade status by 2029 after historic debt default

Ghana is aiming to regain an investment-grade sovereign credit rating by 2029, just a few years after suffering one of Africa’s most significant debt...

Business Africa

Ethiopia unveils plan for 80% local participation to reduce reliance on foreign contractors

Ethiopia has unveiled an ambitious strategy to increase local participation in international construction and infrastructure projects to 80% over the next decade, as the...

Business Africa