Business Africa

World Bank Approves Additional $500 Million for Nigeria’s Climate Resilience Programme

The World Bank has approved an additional $500 million...

Business Africa

AngloGold Ashanti Plans $900 Million Mine Expansion to Add 400,000 Ounces of Annual Gold Production

AngloGold Ashanti plans to invest approximately $900 million in...

Business Africa

Afriland’s Paul Kammogne Secures Regulatory Approval to Launch Togo’s Second Brokerage Firm

Afriland First Group, founded by Cameroonian banking entrepreneur Paul...

Business Africa

South African Tycoon Brian Joffe, Who Built Bidvest, Wins Lifetime Achievement Award

South African entrepreneur Brian Joffe, the founder of Bidvest...

Fashion News

Ghana Launches Maiden Black Star Fashion Week to Position Industry for Global Competitiveness

Ghana has taken a new step towards strengthening its...

Business Africa

Australia Secures $1.8 Billion Defence Export Deal With Canada for Advanced Radar System

Australia has secured a landmark A$1.8 billion ($1.8 billion) defence export agreement with Canada for the supply of an advanced over-the-horizon radar system, marking...

Luxury News

Mercedes-Benz Unveils All-Electric VLE Grand Limousine, Redefining Luxury People Movers

Mercedes-Benz is preparing to introduce its first-ever VLE Grand Limousine, an all-electric luxury vehicle designed to blur the lines between executive sedan, limousine, and...

Business Africa

Porsche Pursues New Cost-Cutting Deal as Automaker Prioritizes Profitability Over Volume

Porsche AG is preparing a new cost-cutting agreement with employees as the luxury carmaker seeks to strengthen profitability amid weaker demand, declining sales in...

Business Africa

Ghana Pushes for Greater Local Control of Gold Fields’ Largest Mine to Boost Mining Revenue

Ghana is seeking to increase local ownership and participation in Gold Fields’ Tarkwa Mine, the country’s largest gold-producing operation, as part of a broader...

Business Africa

Keyamo, Oduwole Launch RwandAir Cargo Route to Boost Nigeria’s Trade With East and Southern Africa

Nigeria has officially launched a new RwandAir cargo corridor connecting the country to key markets in East and Southern Africa, a move expected to...

Business Africa

Kenya Taps TDB and AFC to Arrange $1.2 Billion Financing for Major Airport Expansion

Kenya has appointed the Trade and Development Bank (TDB) and the Africa Finance Corporation (AFC) to help arrange $1.2 billion in financing for the...

Business Africa

ZCCM Says CopperTech IPO Could Accelerate $2.7 Billion Expansion of Zambia Copper Mine

Zambia’s state-backed mining investment company ZCCM Investments Holdings (ZCCM-IH) says a planned initial public offering (IPO) of CopperTech Limited could accelerate a $2.7 billion...

Business Africa

Absa Moves to Increase Kenya Stake Through $238 Million Tender Offer

Absa Group has launched a $238 million tender offer to increase its ownership in Absa Bank Kenya, underscoring the South African lender’s growing confidence...

Entertainment News

H.E.R., BINI, Lea Salonga and Sophia Laforteza Lead Star-Studded Soundtrack for DreamWorks’ Forgotten Island

DreamWorks Animation has unveiled an impressive musical lineup for the soundtrack of its upcoming animated fantasy adventure Forgotten Island, with Grammy-winning artist H.E.R., Filipino...

Business Africa

Novo Nordisk Owner Launches European Obesity Drug Incubators to Accelerate Medical Innovation

Novo Nordisk Foundation, the controlling shareholder of Danish pharmaceutical giant Novo Nordisk, is launching a network of obesity and metabolic disease research incubators across...

Business Africa

South African Investor Roelof Botha Joins SpaceX Board in Strategic Reunion With Elon Musk

South African-born venture capitalist Roelof Botha has joined the board of SpaceX, strengthening the leadership ranks of one of the world’s most influential technology...

Business Africa

Zambia and U.S. Expand $491 Million Programme to Support Critical Minerals Infrastructure

Zambia and the United States have agreed to expand the scope of a $491 million grant programme to include infrastructure supporting the country’s growing...

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