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

Nvidia unveils new AI chip that brings artificial intelligence directly to personal computers

Nvidia has unveiled a new chip designed to bring advanced artificial intelligence capabilities directly to laptops and desktop computers, marking a major push to...

Luxury News

Zegna heads to Los Angeles as luxury brands chase growth in America

Zegna is bringing its Summer 2027 runway show to Los Angeles, becoming the latest major luxury house to shift attention toward the United States...

Business Africa

Nigeria-UAE non-oil trade reaches $5 billion as economic ties deepen

Non-oil trade between Nigeria and United Arab Emirates climbed to $5 billion in 2025, up from $4.3 billion in 2024, highlighting the rapidly expanding...

Business Africa

Hiab agrees $1.04 billion acquisition of truck maker Labrie in major North American expansion

Hiab has agreed to acquire Canadian refuse collection vehicle manufacturer Labrie Environmental Group in a deal valued at approximately $1.04 billion, marking one of...

Business Africa

China’s Morocco investments turn Africa’s biggest car hub into major EV battleground with Europe

Morocco is rapidly emerging as a critical front in the global electric vehicle race as growing Chinese investment transforms the country into Africa’s largest...

Business Africa

Global fruit demand lifts Tunisia’s exports as produce reaches 23 international markets

Tunisia is benefiting from rising global demand for fresh produce as the country’s fruit exports continue expanding across international markets, generating more than $15...

Business Africa

Egypt slashes oil sector debt from $6.1 billion to $440 million to attract fresh energy investment

Egypt has reduced outstanding payments owed to foreign oil and gas companies from $6.1 billion in mid-2024 to just $440 million, as Cairo moves...

Business Africa

DR Congo moves to capture bigger share of global critical minerals wealth amid energy transition boom

Democratic Republic of the Congo, Africa’s largest producer of cobalt and one of the world’s most important sources of critical minerals, is taking steps...

Business Africa

African finance institutions mobilise local capital for ambitious plan to connect 300 million people to electricity

African development finance institutions are intensifying efforts to unlock African capital for one of the continent’s most ambitious infrastructure programmes, as leaders push to...

Business Africa

Morocco emerges as key pillar of China’s global green industrial strategy, Stimson Center says

Morocco is becoming an increasingly important part of China’s global green industrial strategy as Beijing looks to strengthen clean energy supply chains, expand renewable...

Business Africa

Champions League ticket holders hand over phones as resale frenzy fuels profits of up to 1,700%

Champions League final ticket holders are reportedly giving up entire mobile phones to buyers as demand for match access reaches extraordinary levels, creating a...

Business Africa

Nigeria accelerates CNG expansion with launch of high-capacity Abuja booster station

Nigeria’s push to expand compressed natural gas infrastructure received a major boost on May 29, 2026, with the commissioning of a high-capacity CNG Daughter...

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