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Business Africa

Moschino Appoints Sunnei Founders Loris Messina and Simone Rizzo as Creative Directors

Italian luxury fashion house Moschino has named Loris Messina...

Google, Meta, TikTok and Alibaba Join Global Push to End Online Wildlife Trafficking

A coalition of leading global technology, cryptocurrency, e-commerce, and...

New Zealand Milk Production Reaches Record High as Strong Global Prices Boost Output

New Zealand’s dairy industry has achieved a record level...

Egypt Lands $4 Billion Mega Development Deal With Majid Al Futtaim in New Cairo

Egypt has secured a major real estate investment agreement...

U.S. Authorises 30‑Day Waiver for Purchase of Russian Oil Stranded at Sea

The United States has issued a temporary 30‑day sanctions waiver allowing other countries to purchase Russian crude oil and petroleum products currently stranded at...

China’s DeepSeek Challenges U.S. Tech Giants as Microsoft Expands AI Push in Africa

Chinese artificial intelligence platform DeepSeek is emerging as a strong competitor to U.S. technology leaders as the race to dominate the artificial intelligence market...

Rwanda Plans Up to $6 Billion Investment in Nuclear Power as Kagame Targets High-Income Economy by 2050

Rwanda is preparing to invest between $5 billion and $6 billion in nuclear power as part of a long-term strategy to secure reliable electricity...

Kenya, Rwanda Central Banks Launch Cross-Border Payment Access for Fintechs

The Central Bank of Kenya and the National Bank of Rwanda have signed a new agreement to enable cross-border payment access for fintech companies...

Zimbabwe Seeks Global Investors to Back $200 Million Satellite Project

The government of Zimbabwe is seeking international investors to help finance a $200 million telecommunications satellite project aimed at strengthening the country’s digital infrastructure...

Mauritania Secures $1 Billion Islamic Trade Finance Deal to Boost Energy Imports and SMEs

The government of Mauritania has secured a $1 billion trade finance agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the...
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Angola’s Sonangol Secures $2.65 Billion Financing From International Lenders

Angola’s state-owned oil company, Sonangol, has secured a $2.65...