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

Iran Set for Major Financial Relief Under Interim Agreement With United States

Iran is poised to receive significant financial relief under a newly negotiated interim agreement with the United States, a development that could ease pressure...

Business Africa

Zimbabwe Raises Domestic Workers’ Minimum Wage to $90 in Bid to Strengthen Labour Protection

Zimbabwe has raised the minimum monthly wage for domestic workers to $90, marking the first major revision of the sector’s wage structure in recent...

Business Africa

World Bank Backs Argentina With Up to $2 Billion in Loan Guarantees to Boost Market Access

The World Bank on Tuesday announced a new guarantee programme that will enable Argentina to access up to $2 billion in commercial financing, providing...

Business Africa

Angola’s Sonangol Secures $2.65 Billion Financing From International Lenders

Angola’s state-owned oil company, Sonangol, has secured a $2.65 billion financing facility from a consortium of international lenders, strengthening its capacity to fund operations...

Business Africa

Mobile Technology to Contribute $290 Billion to Africa’s Economy by 2030, GSMA Says

Mobile technologies and services are projected to contribute $290 billion to Africa’s economy by 2030, underscoring the sector’s growing role as a catalyst for...

Sports

Serena and Venus Williams Set for Wimbledon Reunion After Receiving Doubles Wildcard

Tennis icons Serena Williams and Venus Williams are officially returning to competition together after receiving a wildcard invitation for the Ladies’ Doubles event at...

Business Africa

Scientists Identify Climate-Resilient Coral Reefs Offering Hope for Ocean Conservation

Scientists have identified approximately 166,000 square kilometres (64,000 square miles) of coral reefs worldwide that could withstand the impacts of climate change, a breakthrough...

Business Africa

World’s 500 Richest Individuals Add Record $336 Billion in Single-Day Wealth Surge

The world’s 500 wealthiest individuals recorded the largest single-day increase in personal wealth ever tracked, adding a combined $336 billion as global equity markets...

Business Africa

India’s Pharma Billionaire Targets Global Leadership in Insulin Market as Industry Rivals Shift Focus

Indian pharmaceutical billionaire Kiran Mazumdar-Shaw is positioning her company, Biocon, to become the world’s leading insulin supplier as major global drugmakers increasingly redirect investment...

Business Africa

India’s Prestige Denim Invests $20 Million in Egypt as Textile Manufacturing Boom Accelerates

Indian textile manufacturer Prestige Denim Mills will invest $20 million in a new denim fabric production facility in Egypt, reinforcing the country’s emergence as...

Business Africa

UK Moves to Ban Social Media for Under-16s in Landmark Child Safety Overhaul

The United Kingdom has announced plans to ban social media platforms from offering services to children under the age of 16, in one of...

Business Africa

AFC Commits $600 Million to Dangote Fertiliser Expansion Across Nigeria and Ethiopia

The Africa Finance Corporation has approved a $600 million financing facility for the Dangote Group to support a major fertiliser expansion programme that will...

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