Business Africa

World Bank Approves Additional $500 Million for Nigeria’s Climate Resilience Programme

The World Bank has approved an additional $500 million...

Business Africa

AngloGold Ashanti Plans $900 Million Mine Expansion to Add 400,000 Ounces of Annual Gold Production

AngloGold Ashanti plans to invest approximately $900 million in...

Business Africa

Afriland’s Paul Kammogne Secures Regulatory Approval to Launch Togo’s Second Brokerage Firm

Afriland First Group, founded by Cameroonian banking entrepreneur Paul...

Business Africa

South African Tycoon Brian Joffe, Who Built Bidvest, Wins Lifetime Achievement Award

South African entrepreneur Brian Joffe, the founder of Bidvest...

Fashion News

Ghana Launches Maiden Black Star Fashion Week to Position Industry for Global Competitiveness

Ghana has taken a new step towards strengthening its...

Luxury News

Christ Embassy Enters Automotive Sector With Tsion Electric Vehicle Line

Pastor Chris Oyakhilome, founder of Christ Embassy, has unveiled a range of electric vehicles under the Tsion brand, marking the ministry’s reported expansion into...

Finance

Absa Eyes Nigeria Expansion as Pan African Banking Ambitions Accelerate

South Africa’s Absa Group is considering expanding its operations in Nigeria as the lender seeks to deepen its African footprint and capture opportunities in...

Business Africa

Russia Offers ECOWAS Security Pact as Moscow Moves to Bridge West Africa’s Sahel Divide

Russia plans to sign a security cooperation agreement with the Economic Community of West African States (ECOWAS) while offering to help repair relations between...

Business Africa

US Lifts 12 Year Security Restriction on Nigerian Vessels

The United States Coast Guard has lifted a 12 year Condition of Entry imposed on vessels calling at designated Nigerian ports before sailing to...

Business Africa

Mali’s Gold Output Rebounds as First Half Production Beats Government Forecast

Mali’s industrial gold production rose by about 30% in the first half of 2026 to 23.5 metric tonnes, exceeding the government’s forecast of 21.2...

Business Africa

WHO Keeps Ebola Emergency Alert in Place as DRC Outbreak Surges

The World Health Organization (WHO) has maintained its classification of the Ebola outbreak in the Democratic Republic of Congo as a global public health...

Business Africa

Equity Group Profit Surges 39% as Pan African Banking Expansion Delivers Stronger Returns

Kenya’s Equity Group Holdings reported a 39% increase in first half 2026 profit before tax to KSh57.8 billion, as stronger income growth, improved asset...

Business Africa

Dangote Refinery Secures $1 Billion Backing as Landmark IPO Moves Closer

Nigeria’s Dangote Petroleum Refinery has secured a $1 billion underwriting programme ahead of its planned initial public offering, strengthening the capital markets foundation for...

Finance

Ant Group Completes Paytm Exit as $309 Million Stake Sale Reshapes Ownership

China’s Ant Group has completed its exit from Indian digital payments company Paytm, with the final disposal of its economic interest linked to a...

Business Africa

ByteDance Attracts More Than $30 Billion in Orders for Landmark Bank Loan

ByteDance, the Chinese owner of TikTok, has attracted more than $30 billion in investor orders for a proposed jumbo bank loan, underscoring strong lender...

Business Africa

Standard Bank Eyes OPay Stake Ahead of Potential US Listing

Standard Bank Group is considering acquiring a stake in Nigerian fintech OPay ahead of a potential US initial public offering that could value the...

Business Africa

Hichilema Wins Second Term as Zambia’s Economic Recovery Faces New Test

Zambian President Hakainde Hichilema has secured a second five year term after winning the country’s August 13 presidential election, according to official results released...

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