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...

Business Africa

Iran Set for Major Financial Relief Under Interim Agreement With United States

Iran is poised to receive significant financial relief under a newly negotiated interim agreement with the United States, a development that could ease pressure...

Business Africa

Zimbabwe Raises Domestic Workers’ Minimum Wage to $90 in Bid to Strengthen Labour Protection

Zimbabwe has raised the minimum monthly wage for domestic workers to $90, marking the first major revision of the sector’s wage structure in recent...

Business Africa

World Bank Backs Argentina With Up to $2 Billion in Loan Guarantees to Boost Market Access

The World Bank on Tuesday announced a new guarantee programme that will enable Argentina to access up to $2 billion in commercial financing, providing...

Business Africa

Angola’s Sonangol Secures $2.65 Billion Financing From International Lenders

Angola’s state-owned oil company, Sonangol, has secured a $2.65 billion financing facility from a consortium of international lenders, strengthening its capacity to fund operations...

Business Africa

Mobile Technology to Contribute $290 Billion to Africa’s Economy by 2030, GSMA Says

Mobile technologies and services are projected to contribute $290 billion to Africa’s economy by 2030, underscoring the sector’s growing role as a catalyst for...

Sports

Serena and Venus Williams Set for Wimbledon Reunion After Receiving Doubles Wildcard

Tennis icons Serena Williams and Venus Williams are officially returning to competition together after receiving a wildcard invitation for the Ladies’ Doubles event at...

Business Africa

Scientists Identify Climate-Resilient Coral Reefs Offering Hope for Ocean Conservation

Scientists have identified approximately 166,000 square kilometres (64,000 square miles) of coral reefs worldwide that could withstand the impacts of climate change, a breakthrough...

Business Africa

World’s 500 Richest Individuals Add Record $336 Billion in Single-Day Wealth Surge

The world’s 500 wealthiest individuals recorded the largest single-day increase in personal wealth ever tracked, adding a combined $336 billion as global equity markets...

Business Africa

India’s Pharma Billionaire Targets Global Leadership in Insulin Market as Industry Rivals Shift Focus

Indian pharmaceutical billionaire Kiran Mazumdar-Shaw is positioning her company, Biocon, to become the world’s leading insulin supplier as major global drugmakers increasingly redirect investment...

Business Africa

India’s Prestige Denim Invests $20 Million in Egypt as Textile Manufacturing Boom Accelerates

Indian textile manufacturer Prestige Denim Mills will invest $20 million in a new denim fabric production facility in Egypt, reinforcing the country’s emergence as...

Business Africa

UK Moves to Ban Social Media for Under-16s in Landmark Child Safety Overhaul

The United Kingdom has announced plans to ban social media platforms from offering services to children under the age of 16, in one of...

Business Africa

AFC Commits $600 Million to Dangote Fertiliser Expansion Across Nigeria and Ethiopia

The Africa Finance Corporation has approved a $600 million financing facility for the Dangote Group to support a major fertiliser expansion programme that will...

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