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Business Africa
Luxury News
Moschino Appoints Sunnei Founders Loris Messina and Simone Rizzo as Creative Directors
Italian luxury fashion house Moschino has named Loris Messina...
Business Africa
Google, Meta, TikTok and Alibaba Join Global Push to End Online Wildlife Trafficking
A coalition of leading global technology, cryptocurrency, e-commerce, and...
Business Africa
New Zealand Milk Production Reaches Record High as Strong Global Prices Boost Output
New Zealand’s dairy industry has achieved a record level...
Business Africa
Guinea Bans Raw Gold Exports to Boost Local Refining and Mining Revenue
Guinea has announced a ban on the export of...
Business Africa
Egypt Lands $4 Billion Mega Development Deal With Majid Al Futtaim in New Cairo
Egypt has secured a major real estate investment agreement...
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Business Africa
Chery to Launch iCAUR Electric Vehicle Brand in South Africa in May
Chery Automobile will launch its new electric vehicle sub-brand iCAUR in South Africa in May 2026, marking the company’s latest expansion into the African...
Business Africa
Ibrahim Mahama Secures US$205 Million Banking Backing to Expand Gold Fields Operations
Ghanaian industrialist Ibrahim Mahama has secured a US$205 million financing package to scale his company’s contract mining operations with Gold Fields Ghana, reinforcing the...
Business Africa
Africa’s Largest Graphite Mine Secures Seven-Year Supply Deal With Canada’s NextSource
Syrah Resources has signed a seven-year graphite supply agreement with NextSource Materials, sourcing material from the Balama graphite mine, Africa’s largest graphite operation, according...
Business Africa
Nigeria’s Net Foreign Reserves Soar 772% to $34.8 Billion, Exceed Entire 2023 Gross Stock
Nigeria’s net foreign exchange reserves surged by 772 percent, reaching $34.8 billion at the end of 2025, far surpassing the country’s entire gross reserves at...
Business Africa
Nedbank’s Annual Profit Edges Higher on Lower Impairment Charges
Nedbank Group reported a 2 percent rise in full-year headline earnings for the year ended December 31, 2025, supported by a decline in impairment...
Business Africa
Egypt’s Net Foreign Assets Hit Record $29.5 Billion in January
Egypt’s net foreign assets rose to a record $29.54 billion in January 2026, underscoring continued improvement in the country’s external position, according to data...
Business Africa
Uganda’s Central Bank to Launch Domestic Gold-Buying Programme This Month
Uganda will begin purchasing gold from domestic producers this month under a new reserves diversification strategy, as highlighted by MarketScreener. The initiative marks the...
Business Africa
Rio Tinto Approves Restart of $473 Million Mineral Sands Project in South Africa
Rio Tinto has approved the restart of the $473 million Zulti South mineral sands project in South Africa, bringing an end to a six-year...
Business Africa
Nigeria Divides OPL 245 Into Four Blocks Under New Deal With Eni and Shell
Nigeria has agreed to split the long-contested OPL 245 oilfield into four separate blocks under a new arrangement involving Eni and Shell, Reuters reported....
Business Africa
Nigeria Enters Africa’s Alumina Race With $1.3 Billion Refinery Deal
Credit: www.riotinto.com
Business Africa
China Surpasses South Africa as World’s Leading Chrome Processor Amid Rising Power Costs
Credit: africa.businessinsider.com
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