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Business Africa
Business Africa
Pentagon accelerates AI push with classified deals involving seven tech giants
The Pentagon has signed agreements with seven leading artificial...
Business Africa
Dangote Refinery begins direct jet fuel supply to Ethiopian Airlines in export expansion
Dangote Refinery has started direct aviation fuel deliveries to...
Business Africa
OPay taps Citi, Deutsche Bank, JPMorgan for $4bn U.S. IPO push
OPay has hired Citigroup, Deutsche Bank and JPMorgan Chase...
Business Africa
BUA Cement, Presco lead Nigeria’s Q1 profitability rankings on strong earnings surge
BUA Cement and Presco Plc have emerged as the...
Business Africa
Lagos strengthens $500m World Bank HOPE programme with operational vehicle deployment
Lagos State has handed over a fleet of operational...
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Business Africa
Nigeria’s Non-Oil Trade Reaches Record $6.1 Billion
Nigeria’s non-oil trade reached a historic high of $6.1 billion in 2025, marking the strongest performance ever recorded for the sector, as the country...
Business Africa
Kenya Launches IPO of State Oil Pipeline Firm, Targeting $825 Million
Kenya has launched the initial public offering of its state-owned Kenya Pipeline Company, seeking to raise about 106.3 billion shillings, or roughly $825 million,...
Business Africa
Dangote Signs $350 Million Deal With Indian Firm EIL to Expand Lagos Refinery
Nigeria’s Dangote Group has inked a $350 million contract with India’s state-owned Engineers India Ltd (EIL) to drive the next phase of expansion at the...
Business Africa
Saudi Arabia Launches Gold Market in Africa, Challenging Dubai’s Longstanding Dominance
Saudi Arabia has established a new gold trading market in Africa, signaling its ambition to become a major hub for the continent’s bullion trade...
Business Africa
Nigeria Emerges as Top Belt and Road Beneficiary With China-Backed $24.6 Billion GRIP Megaproject
Nigeria has emerged as the largest beneficiary of China’s Belt and Road Initiative in 2025, driven by a $24.6 billion construction commitment tied to...
Business Africa
Ethiopia Moves to Take Full Control of Its Currency, Aiming for Long Term Stability
Ethiopia is moving to localise the production of its national currency, the Ethiopian birr, as part of a broader effort to strengthen monetary sovereignty...
Business Africa
Egyptian Food Retailer Gourmet Plans IPO to Float 47.6% Stake
Egyptian premium food retailer Gourmet Egypt is preparing to float 47.6 percent of its issued shares in an initial public offering on the Egyptian...
Business Africa
Senegal Crowned AFCON Champions After Dramatic Final Showdown
Senegal clinched the Africa Cup of Nations title after a tense and dramatic final, edging past Morocco in extra time to secure their place...
Business Africa
Libya Signs $2.7 Billion Partnership to Expand Misurata Free Zone
Libya has signed a $2.7 billion strategic partnership to expand and modernise the Misurata Free Zone, a move aimed at positioning the coastal hub...
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Knowing When to Say No: The Strategic Restraint Behind Sustainable Expansion
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