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

Mozambique tightens control of mining sector with 15% state stake and local processing mandate

Mozambique has enacted a sweeping new mining law requiring a minimum 15% state ownership stake in all mining projects and mandating local processing of...

Business Africa

Mr Price posts modest earnings growth as NKD acquisition costs weigh on results

South African fashion and homeware retailer Mr Price Group reported a modest increase in annual earnings, with growth partly constrained by one-off expenses linked...

Business Africa

China recruits top AI talent from the U.S. as race for next-generation ‘super-apps’ intensifies

China is intensifying efforts to attract and retain elite artificial intelligence talent from the United States and other global technology hubs as competition accelerates...

Entertainment News

Serena Williams confirms stunning return to tennis at Queen’s Club

Tennis legend Serena Williams is set to make a sensational return to competitive tennis at the Queen’s Club Championships in London, marking her first...

Business Africa

New Zealand bond auction draws record demand after government trims debt issuance

New Zealand’s government bond market has attracted record investor demand after the government announced plans to reduce future debt issuance, signaling growing confidence in...

Business Africa

Netflix turns to AI to help viewers cut through content overload

Netflix is expanding its use of artificial intelligence to help subscribers navigate an ever-growing library of movies, series, documentaries, and games, as the streaming...

Business Africa

AFC secures $2 billion funding backed by Asian banks to power Africa’s infrastructure drive

The Africa Finance Corporation (AFC) has raised $2 billion in fresh financing, with strong participation from lenders across Asia, the Middle East, Europe, and...

Business Africa

Ghana targets investment-grade status by 2029 after historic debt default

Ghana is aiming to regain an investment-grade sovereign credit rating by 2029, just a few years after suffering one of Africa’s most significant debt...

Business Africa

Ethiopia unveils plan for 80% local participation to reduce reliance on foreign contractors

Ethiopia has unveiled an ambitious strategy to increase local participation in international construction and infrastructure projects to 80% over the next decade, as the...

Business Africa

Nigeria to launch 2026 oil licensing round in third quarter as investment momentum builds

Nigeria will launch its 2026 oil and gas licensing round by the third quarter of the year after securing ministerial approval, as Africa’s largest...

Entertainment News

Davido Set to Headline FIFA World Cup 2026 Countdown Concert in Los Angeles

Nigerian Afrobeats superstar Davido has been announced as one of the headline performers for FIFA’s World Cup 2026 Countdown Concert in Los Angeles, further...

Business Africa

Zara owner Inditex defies retail slowdown as sales growth accelerates

Spanish fashion giant Inditex, owner of the iconic Zara brand, has demonstrated remarkable resilience amid global economic uncertainty, reporting stronger-than-expected sales growth as consumers...

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