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Business Africa
Business Africa
Germany’s Pension Overhaul Opens €500 Billion Opportunity for Asset Managers
Germany’s proposed pension overhaul is creating a potential €500...
Business Africa
Portugal Moves to Reclaim Stake in REN as Ortega Reduces Exposure to Strategic Grid Asset
Portugal has agreed to acquire a stake in REN,...
Technology News
Alibaba’s AI Models Cross 3 Billion Downloads as China Gains Ground in Global AI Race
Alibaba’s Qwen family of artificial intelligence models has surpassed...
Business Africa
Dangote Sugar Secures $356 Million to Cut Debt and Accelerate Local Production
Dangote Sugar Refinery has raised ₦486 billion ($356 million)...
Business Africa
Nathan Kirsh Crosses $20 Billion Mark as Sysco Deal Reshapes Africa’s Wealth Rankings
Eswatini based billionaire Nathan “Natie” Kirsh has crossed the...
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Sports
FIFA Targets $4.2 Billion Through Minority Stake Sale in World Cup Commercial Business
FIFA plans to raise up to $4.2 billion by selling minority, non controlling stakes in a newly created commercial subsidiary that will manage the...
Business Africa
Remi Tinubu Hosts NBA President Elect Oyinkansola Badejo-Okusanya, Says Women Supporting Women Will Accelerate Growth
Nigeria’s First Lady, Senator Oluremi Tinubu, has reaffirmed the importance of women supporting one another to accelerate national development during a meeting with the...
Business Africa
Eni Raises Share Buyback as Strong Oil Prices Drive Second Quarter Profit Growth
Italian energy major Eni reported a strong rise in second quarter earnings as higher oil and gas prices, increased hydrocarbon production and robust performance...
Business Africa
S&P Global to Acquire Majority Stake in Agusto & Co to Expand African Credit Ratings Business
S&P Global has agreed to acquire a majority stake in Agusto & Co, one of Africa’s leading indigenous credit rating agencies, in a strategic...
Business Africa
Dubai Financial Hub Surpasses 10,000 Companies as Global Business Demand Accelerates
Dubai International Financial Centre (DIFC) has surpassed 10,000 active registered companies for the first time, marking a major milestone in its ambition to become...
Business Africa
Barclays Adopts Wall Street Style Pay Model as Higher Bonuses Lift Compensation
Barclays is shifting to a more Wall Street style compensation model by increasing the share of performance based pay for senior investment bankers, giving...
Business Africa
Dangote to Donate One Third of Fortune as Family Backs Long Term Succession Plan
Africa’s richest man, Aliko Dangote, plans to dedicate one third of his personal fortune to charitable causes, with his family publicly supporting the commitment...
Business Africa
Malawi Installs First Utility Scale Battery to Strengthen Solar Power and Grid Reliability
Malawi has commissioned its first utility scale battery energy storage system, a 20 megawatt facility designed to store solar power and stabilise electricity supply...
Business Africa
Afreximbank and IDC Sign Three Year Deal to Deploy $8 Billion into South African Industry
The African Export-Import Bank (Afreximbank) and South Africa’s Industrial Development Corporation (IDC) have signed a three year Memorandum of Understanding to deploy $8 billion...
Business Africa
Angola Raises More Than $300 Million in Oversubscribed Unitel IPO
Angola has raised 300.3 billion kwanzas (about $329 million) after investors oversubscribed the initial public offering of a 15% stake in Unitel, the country’s...
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,...
Business Africa
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...
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Luxury News
Chanel Appoints Veteran Spirits Executive Hélène de Tissot as Chief Financial Officer
Chanel has appointed Hélène de Tissot, a veteran finance...
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Top 10 Nigeria’s Most Respected Public Figures and Statesmen in 2026
Nigeria’s most respected public figures are often distinguished not...
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Top 10 African Artist Albums Dominating the Q1 Charts in 2026
The first quarter of 2026 showcased the continued global...
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Top 10 Digital Content Creators Dominating Nigeria’s Creator Economy in 2026
The Nigerian creator economy has evolved into a powerful...
Entertainment News
Cristiano Ronaldo Marries Georgina Rodríguez in Private Portugal Ceremony
Football superstar Cristiano Ronaldo has married his longtime partner,...
Business Africa
Netflix sets June 5 global release for Blood Sisters Season 2 as original stars return
Blood Sisters will return globally on June 5, 2026,...
Elite Network
Africa Tech Festival 2026 Returns to Cape Town to Power the Continent’s Digital Future
Africa Tech Festival 2026 will take place from 17...
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Africa’s Top 5 Most Successful Businesses in 2025
In 2025, Africa’s economic landscape is defined by a...
Business Africa
South Korea Unveils $576 Billion AI and Chip Investment Drive Led by Samsung and SK Hynix
South Korea has unveiled an ambitious 800 trillion won...