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Business Africa
Business Africa
Pentagon accelerates AI push with classified deals involving seven tech giants
The Pentagon has signed agreements with seven leading artificial...
Business Africa
Dangote Refinery begins direct jet fuel supply to Ethiopian Airlines in export expansion
Dangote Refinery has started direct aviation fuel deliveries to...
Business Africa
OPay taps Citi, Deutsche Bank, JPMorgan for $4bn U.S. IPO push
OPay has hired Citigroup, Deutsche Bank and JPMorgan Chase...
Business Africa
BUA Cement, Presco lead Nigeria’s Q1 profitability rankings on strong earnings surge
BUA Cement and Presco Plc have emerged as the...
Business Africa
Lagos strengthens $500m World Bank HOPE programme with operational vehicle deployment
Lagos State has handed over a fleet of operational...
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Business Africa
Zambia Seeks New IMF Programme, Targets Staff-Level Agreement by May
Zambia has formally requested a new programme with the International Monetary Fund (IMF) as it moves beyond its current Extended Credit Facility arrangement and...
Business Africa
South Africa’s Farm Exports Hit $15.1 Billion Record as U.S. Shipments Slump
South Africa’s agricultural exports reached a record $15.1 billion in 2025, up 10% from the previous year, as strong demand from regional and emerging...
Business Africa
Mali Creates State-Owned Company to Manage Mining Holdings
Mali’s government has established a state-owned company to manage its equity stakes in mining operations, aiming to strengthen oversight and maximize returns from the...
Business Africa
Sibanye Expects Short-Term Platinum Price Volatility, But Return to Previous Lows Unlikely
South African miner Sibanye Stillwater expects short-term volatility in platinum prices but does not foresee a return to the “unsustainably low” levels seen about...
Business Africa
Angola’s Endiama Seeks to Raise Diamond Output Further After 2024 Record
Angola’s state-owned diamond producer Endiama plans to further increase output after recording 14 million carats of production in 2024, the highest level in the...
Business Africa
Harmony Gold Says Newly Acquired Australian Copper Mine Requires Two-Year Revamp
South Africa’s Harmony Gold says its recently acquired CSA copper mine in New South Wales, Australia, will require a substantial operational overhaul that could...
Business Africa
Mozambique Pushes to Keep South32 Aluminium Smelter Open, Minister Says
Mozambique is intensifying efforts to keep South32’s Mozal aluminium smelter operating, highlighting its importance to jobs, exports and the broader economy, the country’s mineral...
Business Africa
Egypt Plans $1 Billion Red Sea Marina, Hotel Development
Egypt has unveiled plans for a $1 billion marina and hospitality development on its Red Sea coast as it steps up efforts to strengthen...
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