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Business Africa

Continental Reinsurance Revives Botswana IPO Market With Landmark $155 Million Listing

Continental Reinsurance Holdings is set to make history on...

Renault Backed Wandercraft Targets €100 Million to Scale AI Powered Robotics

French robotics company Wandercraft is seeking up to €100...

Lufthansa and Air France KLM Enter Final Race for TAP Air Portugal

The privatisation of Portugal’s flag carrier TAP Air Portugal...

Kenya Airways and Rubis Energy partner on sustainable aviation fuel refinery project

Kenya Airways and Rubis Energy have signed an agreement to support the development of a sustainable aviation fuel refinery as Kenya intensifies efforts to...

Nigeria and Morocco push for 2026 agreement on landmark Atlantic gas pipeline

Nigeria and Morocco are targeting a major agreement in 2026 to accelerate development of the proposed Nigeria–Morocco Atlantic gas pipeline, one of Africa’s largest...

IMF agreement clears path for $375.5m disbursement to Tanzania

International Monetary Fund has reached a staff-level agreement with Tanzania that could unlock approximately $375.5 million in financing support once approved by the IMF...

Africa CDC and Aspen Pharmacare deepen push to expand vaccine manufacturing across Africa

Africa Centres for Disease Control and Prevention and Aspen Pharmacare are strengthening efforts to expand vaccine production capacity across Africa as the continent seeks...

Eurovision stars light up Vienna’s turquoise carpet ahead of opening night

Eurovision Song Contest 2026 contestants and delegations walked the iconic turquoise carpet in Vienna ahead of the official opening of Eurovision week, transforming the...

AltBank launches non-interest financing initiative to strengthen local drug manufacturing

The Alternative Bank has unveiled a new non-interest financing initiative aimed at supporting local pharmaceutical production in Nigeria as the country intensifies efforts to...

Motsepe says strategic partnerships are strengthening South Africa’s mining industry

Patrice Motsepe says growing partnerships between mining companies, governments, and international investors are helping strengthen South Africa’s mining sector as the industry adapts to...

Macron unveils $27bn Africa investment push as France counters China’s growing influence

Emmanuel Macron has announced a €23 billion ($27 billion) investment initiative for Africa as France intensifies efforts to strengthen economic ties with the continent...

Nassef Sawiris and Wes Edens push to expand football empire into France

Nassef Sawiris and his Aston Villa co-owner Wes Edens are reportedly in advanced negotiations to expand their growing football empire into France through a...

African leaders push for fairer risk pricing and fresh investment at France-Africa summit

African leaders gathered in Nairobi for the Africa Forward summit are calling for a major rethink of how global financial institutions price risk on...

MTN posts 27.9% rise in Q1 core earnings as fintech and data growth lift performance

MTN Group reported a 27.9% increase in first-quarter core earnings, driven by strong growth in mobile data usage, fintech services, and improving performance across...

Nollywood icons Sola Sobowale and Kanayo O. Kanayo honoured with Industry Merit Awards at AMVCA 2026

Sola Sobowale and Kanayo O. Kanayo have received the prestigious Industry Merit Awards at the 12th edition of the Africa Magic Viewers’ Choice Awards,...
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