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Business Africa
Business Africa
Porsche Pursues New Cost-Cutting Deal as Automaker Prioritizes Profitability Over Volume
Porsche AG is preparing a new cost-cutting agreement with...
Business Africa
Ghana Pushes for Greater Local Control of Gold Fields’ Largest Mine to Boost Mining Revenue
Ghana is seeking to increase local ownership and participation...
Business Africa
Keyamo, Oduwole Launch RwandAir Cargo Route to Boost Nigeria’s Trade With East and Southern Africa
Nigeria has officially launched a new RwandAir cargo corridor...
Business Africa
Kenya Taps TDB and AFC to Arrange $1.2 Billion Financing for Major Airport Expansion
Kenya has appointed the Trade and Development Bank (TDB)...
Business Africa
ZCCM Says CopperTech IPO Could Accelerate $2.7 Billion Expansion of Zambia Copper Mine
Zambia’s state-backed mining investment company ZCCM Investments Holdings (ZCCM-IH)...
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Business Africa
Amazon advances $9bn Globalstar acquisition talks to strengthen satellite strategy
Amazon is closing in on a potential acquisition of satellite communications firm Globalstar, in a deal that could significantly expand its presence in the...
Business Africa
Africa becomes testing ground for Russia’s parallel financial system amid tightening US sanctions
Africa is increasingly emerging as a strategic testing ground for Russia’s efforts to build a parallel financial network, as mounting U.S. sanctions push Moscow...
Business Africa
Cameroon’s cocoa magnate Kate Fotso pivots into beverages with $28m brewery bet
Kate Fotso, widely regarded as Cameroon’s richest woman, is making a bold strategic shift from her long-dominant cocoa business into the beverage industry with...
Business Africa
Nigeria faces $3.3bn opportunity cost as Morocco pipeline gains momentum
Nigeria is projected to forgo an estimated $3.3 billion in potential oil and gas revenue as it advances the $25 billion Nigeria–Morocco gas pipeline...
Business Africa
Rwanda opens borders to all Africans as visa-free policy gains continental momentum
Rwanda has reaffirmed its visa-free entry policy for all African nationals, allowing citizens of all 55 African Union member states to enter the country...
Business Africa
Dangote advances historic pan-African IPO plan in landmark refinery listing push
Africa could witness its first-ever pan-African initial public offering as Aliko Dangote moves forward with plans to list shares of the Dangote Petroleum Refinery...
Business Africa
KoBold launches $50m lithium exploration push in Congo amid global supply race
U.S.-backed KoBold Metals has launched a $50 million lithium exploration campaign in the Democratic Republic of Congo, marking one of the most ambitious mineral...
Business Africa
Egypt and Russia intensify push to fast-track $30 billion El Dabaa nuclear power project
Credit: egyptianstreets.com
Business Africa
First batch of gold ingots delivered to DRC central bank under new reserve programme
Credit: africa.businessinsider.com
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