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Business Africa
Business Africa
Whisul Begins with AI Music to Power Creator Economy Infrastructure
Whisul is part of a growing wave of startups emerging from Africa and other regions focused on the creator economy. Its strategy reflects a broader industry shift toward decentralizing creative production and giving creators more direct control over their tools, audiences, and income streams.
Business Africa
Morocco explores undersea link to Portugal as Africa seeks new trade corridors
Morocco and Portugal are considering a proposed undersea highway...
Business Africa
Nigerian stocks surge nearly 4%, extending 2026 rally beyond 50%
Nigerian Exchange Limited equities jumped close to 4% in...
Business Africa
Google Cloud outpaces rivals as AI demand drives Big Tech earnings beat
Google has reported stronger-than-expected growth in its cloud division,...
Business Africa
AFC mobilises global lenders including Citi to finance Lobito corridor project
Africa Finance Corporation is lining up a consortium of...
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Business Africa
Aliko Dangote Unveils Expansion Into Steel, Power and Ports
Aliko Dangote, Africa’s richest man and president of the Dangote Group, has announced plans to expand the group’s operations into steel production, electricity generation...
Business Africa
UK Government-Owned BII Moves to Take Controlling Stake in Zambia’s Zambeef
British International Investment is seeking a controlling interest in Zambeef Products Plc by converting its existing preference shares into ordinary shares, according to Reuters.The...
Business Africa
Aspen Pharmacare Targets Canadian Entry With Ozempic Generic by Third Quarter
Aspen Pharmacare plans to enter the Canadian market with a generic version of Ozempic by the second or third quarter of 2026, following the...
Business Africa
Mosiuoa Lekota, Veteran ANC Breakaway Leader, Dies at 77
Mosiuoa Lekota, the anti-apartheid activist who later led a historic split from the African National Congress (ANC) to co-found the Congress of the People...
Business Africa
Kenya Floats Tender for New Airport to Relieve JKIA Capacity Pressure
Kenya has issued a tender for the construction of a new airport facility adjacent to Jomo Kenyatta International Airport (JKIA) as part of efforts...
Business Africa
Chery to Launch iCAUR Electric Vehicle Brand in South Africa in May
Chery Automobile will launch its new electric vehicle sub-brand iCAUR in South Africa in May 2026, marking the company’s latest expansion into the African...
Business Africa
Ibrahim Mahama Secures US$205 Million Banking Backing to Expand Gold Fields Operations
Ghanaian industrialist Ibrahim Mahama has secured a US$205 million financing package to scale his company’s contract mining operations with Gold Fields Ghana, reinforcing the...
Business Africa
Africa’s Largest Graphite Mine Secures Seven-Year Supply Deal With Canada’s NextSource
Syrah Resources has signed a seven-year graphite supply agreement with NextSource Materials, sourcing material from the Balama graphite mine, Africa’s largest graphite operation, according...
Business Africa
Nigeria’s Net Foreign Reserves Soar 772% to $34.8 Billion, Exceed Entire 2023 Gross Stock
Nigeria’s net foreign exchange reserves surged by 772 percent, reaching $34.8 billion at the end of 2025, far surpassing the country’s entire gross reserves at...
Business Africa
Nedbank’s Annual Profit Edges Higher on Lower Impairment Charges
Nedbank Group reported a 2 percent rise in full-year headline earnings for the year ended December 31, 2025, supported by a decline in impairment...
Business Africa
Egypt’s Net Foreign Assets Hit Record $29.5 Billion in January
Egypt’s net foreign assets rose to a record $29.54 billion in January 2026, underscoring continued improvement in the country’s external position, according to data...
Business Africa
Uganda’s Central Bank to Launch Domestic Gold-Buying Programme This Month
Uganda will begin purchasing gold from domestic producers this month under a new reserves diversification strategy, as highlighted by MarketScreener. The initiative marks the...
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