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...

Business Africa

ExxonMobil Commits $1.1 Billion to Advance Mozambique’s $30 Billion Rovuma LNG Project

ExxonMobil and its partners have awarded approximately $1.1 billion in pre-investment contracts for critical upstream equipment for the Rovuma LNG Phase 1 project in...

Luxury News

Ferrari’s First EV Sets $40 Million Auction Record in Landmark Charity Sale

Ferrari’s first fully electric vehicle, the Luce, has set a new record for the most expensive new car ever sold at auction after a...

Technology News

Tesla Moves Toward Cybercab Commercial Rollout With Austin Employee Trials

Tesla is preparing to launch its purpose built Cybercab robotaxi in Austin, Texas, as early as August, beginning with rides for employees on public...

Business Africa

Taiwan Weighs New Cash Handout as AI Boom Drives Record Economic Growth

Taiwan is considering another NT$10,000 cash payment, worth about $314 per person, as President Lai Ching te’s government looks to share some of the...

Business Africa

Airtel and Starlink Take Satellite Connectivity Commercial With DRC Launch

Airtel Africa and SpaceX’s Starlink have commercially launched a satellite to mobile service in the Democratic Republic of Congo, marking the first commercial deployment...

Business Africa

Thungela Earnings Surge as Coal Prices and Export Volumes Lift South African Miner

South African coal producer Thungela Resources reported a more than doubling in first half profit, supported by stronger thermal coal prices and higher export...

Business Africa

Nestlé Bets on GLP 1 Boom With New Nutrition Products for Weight Loss Consumers

Nestlé is turning the rapid growth of GLP 1 weight loss medicines into a new product opportunity, using artificial intelligence and nutritional science to...

Business Africa

Adeleke Secures Second Term in Osun as Accord Wins Governorship Poll

Ademola Adeleke has been re-elected as Governor of Osun State, securing a second four year term after winning the August 15, 2026 governorship election...

Sports

Cameroon End WAFCON Wait With Landmark Victory Over Malawi

Cameroon have won their first Women’s Africa Cup of Nations title, defeating tournament debutants Malawi 3 to 0 in the final in Rabat, as...

Business Africa

Germany’s Pension Overhaul Opens €500 Billion Opportunity for Asset Managers

Germany’s proposed pension overhaul is creating a potential €500 billion ($577 billion) investment opportunity for fund managers as the government moves to expand the...

Business Africa

Portugal Moves to Reclaim Stake in REN as Ortega Reduces Exposure to Strategic Grid Asset

Portugal has agreed to acquire a stake in REN, the country’s electricity and gas transmission operator, from Spanish billionaire Amancio Ortega, according to Bloomberg...

Technology News

Alibaba’s AI Models Cross 3 Billion Downloads as China Gains Ground in Global AI Race

Alibaba’s Qwen family of artificial intelligence models has surpassed 3 billion cumulative downloads, according to Bloomberg, highlighting the rapid global adoption of Chinese open...

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