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Business Africa

Martina Biene Moves to Å koda as Christiane Zorn Takes Over Volkswagen Group Africa

Volkswagen Group Africa Chairperson and Managing Director Martina Biene...

CaixaBank’s BPI Exits Angola With €388.5 Million Sale of BFA Stake

CaixaBank’s Portuguese subsidiary Banco BPI has agreed to sell...

Dangote Refinery Targets Up to $1.8 Billion in Landmark Nigerian IPO

Nigeria’s Dangote Petroleum Refinery is preparing to raise between...

Folagade Banks Takes Mama Deola From Viral Skits to Kava TV Original Film

Nigerian actor, comedian and filmmaker Folagade Banks has premiered...

Multi-Metals Discovery Strengthens Namibia’s Position in Global Critical Minerals Race

Namibia’s standing in the global critical minerals sector has received a significant boost following the discovery of a multi-metals deposit containing lithium, tin, tantalum,...

Kenya Secures UN-Backed Climate Funding to Assess Economic and Social Impact of Climate Change

Kenya has become the first African country and only the second globally to secure $700,000 in technical assistance from the Santiago Network on Loss...

Standard Bank Backs Dangote Refinery IPO in Major Vote of Confidence for African Markets

Standard Bank Group, Africa’s largest bank by assets, has pledged to play a leading role in the planned public listing of the Dangote Petroleum...

Ghana’s Economy Expands 6.4% in First Quarter as Mining and Services Drive Growth

Ghana’s economy grew by 6.4% year-on-year in the first quarter of 2026, accelerating from 4.9% recorded during the same period a year earlier, driven...

Uganda Airlines Orders 10 Boeing Aircraft in Nearly $1 Billion Fleet Expansion

Uganda Airlines has signed an agreement with Boeing to acquire 10 new aircraft in a deal valued at approximately 3.7 trillion Ugandan shillings ($984.6...

Ant International Weighs $1 Billion Fundraising to Accelerate Global Expansion

Singapore-based fintech firm Ant International is considering raising approximately $1 billion from external investors as it seeks to accelerate growth across its global payments,...

Logitech Unveils $80 Folding Travel Mouse Targeting Mobile Professionals

Logitech has introduced the Mobi Fold, a new ultra-portable wireless mouse priced at $79.99, aimed at professionals, remote workers, and frequent travelers seeking a...

Jim Ovia Expands Luxury Real Estate Portfolio, Betting on Property Over Banking Returns

Jim Ovia, founder of Zenith Bank, is deepening his presence in Nigeria’s luxury property market with the development of two high-end residential towers in...

Africa Dominates Global Off-Grid Solar Market as Adoption Surges Across Homes and Businesses

Africa strengthened its position as the world’s largest off-grid solar market in 2025, accounting for more than 90% of global sales as households, small...

Egypt Boosts Sinai Oil Output to Nine-Year High With Eni’s Support as Energy Import Costs Rise

Egypt has increased crude oil production from its Sinai offshore fields to the highest level since 2017, as Italian energy giant Eni and state-owned...

EU Commits €37 Million to Extend Google’s Blue-Raman Subsea Cable Into East Africa

The European Union has committed €37 million ($42.8 million) to support the extension of Google’s Blue-Raman undersea cable system into East Africa, strengthening digital...

Abdul Samad Rabiu Takes Delivery of $81 Million Bombardier Global 8000 Jet

Abdul Samad Rabiu, Chairman of BUA Group and Africa’s second-richest individual, has taken delivery of a Bombardier Global 8000 private jet valued at approximately...
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