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Business Africa

South Africa Adds Angolan Kwanza to Regional Payment System in Boost for Cross Border Trade

South Africa has introduced the Angolan kwanza as a settlement currency in the Southern African Development Community Real Time Gross Settlement (SADC RTGS) system,...

DCC Energy Agrees to £5.7 Billion Takeover by KKR and Energy Capital Partners

Irish energy distribution company DCC Energy has agreed to a £5.7 billion takeover by a consortium comprising private equity firm KKR and Energy Capital...

Vodafone Beats Revenue Estimates as Germany Returns to Growth

Vodafone Group reported first quarter results that exceeded market expectations, driven by stronger service revenue growth in Germany and continued momentum across its African...

Burkina Faso Records More Than $6 Billion in Official Gold Trade as Mining Reforms Gain Momentum

Burkina Faso has recorded more than $6 billion worth of gold through official production and procurement channels during the first six months of 2026,...

David Jonsson Cast as Prince T’Challa II in Marvel’s Black Panther 3

Marvel Studios has officially cast British actor David Jonsson as Prince T’Challa II, the son of the late King T’Challa, in Black Panther 3....

Tunde Onakoya, Sam Otigba and HackSultan Launch ₦250 Million Tech Scholarship for NYSC Members and Graduates

Chess in Slums Africa founder Tunde Onakoya has partnered with Jobs59 founder Sam Otigba and AltSchool Africa founder Sultan Akintunde, widely known as HackSultan,...

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

Marriott International is strengthening its presence in Egypt as the world’s largest hotel company moves to capitalise on rising tourism demand in one of...

Renault Posts Record Sales in Morocco as Africa’s Leading Automotive Hub Strengthens

France’s largest carmaker, Renault Group, has recorded its highest-ever vehicle sales in Morocco during the first half of 2026, underscoring the North African country’s...

Cabo Verde World Cup Hero Vozinha Secures Move to Chilean Giants Colo Colo

Cabo Verde international goalkeeper Vozinha has secured an 18 month contract with Chilean football powerhouse Colo Colo after emerging as one of the standout...

Tinubu Approves Nigerian Army Expansion to 12 Divisions With 28,000 New Recruits

President Bola Tinubu has approved a major expansion of the Nigerian Army from eight to 12 divisions, alongside the recruitment of 28,000 additional personnel,...

AfDB Approves $114 Million Loan to Advance Morocco’s Battery Gigafactory Ambitions

The African Development Bank (AfDB) has approved a €100 million ($114 million) loan to support the development of Africa’s first battery gigafactory in Morocco,...

Ecuador–Canada Trade Deal to Make 99.6% of Exports Tariff-Free

Ecuador and Canada have signed a landmark Free Trade Agreement (FTA) that will allow 99.6% of Ecuador’s exportable goods to enter the Canadian market...
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