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Business Africa

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

Novo Nordisk Foundation, the controlling shareholder of Danish pharmaceutical...

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

South African-born venture capitalist Roelof Botha has joined the...

IMF Approves $211 Million Climate Funding Package for Sierra Leone

The International Monetary Fund (IMF) has approved a new...

Egyptian Fintech Blnk Secures $37 Million to Expand Consumer Lending Across Underserved Markets

Egyptian fintech startup Blnk has secured $37.1 million in fresh funding to accelerate its consumer lending business and expand access to credit among underserved...

Ethiopian Airlines to Decide on Regional Jet Order Within Three Months

Ethiopian Airlines is expected to decide within the next three months on an order for 25 regional aircraft as Africa’s largest carrier seeks to...

Abundant Rains Boost Ivory Coast’s Cocoa Mid-Crop Outlook

Abundant rainfall across Ivory Coast’s major cocoa-growing regions has improved prospects for the country’s mid-crop harvest, raising expectations for stronger yields after weeks of...

Technip Energies Secures Mozambique LNG Contract Backed by Eni and Partners

French engineering firm Technip Energies has won a major contract for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, reinforcing the...

IMF Approves $250 Million Credit Facility for Rwanda

The International Monetary Fund (IMF) has approved a new $250 million Extended Credit Facility (ECF) for Rwanda, providing a financial buffer as the country...

Amusan Strikes Gold at New Taipei Athletics Open in Taiwan

Nigeria’s world champion hurdler Tobi Amusan clinched gold in the women’s 100m hurdles at the New Taipei Athletics Open in Taiwan, continuing her strong...

Elumelu’s Heirs Energies US$750m Financing Gains Global Recognition

Heirs Energies’ US$750 million financing package has received global industry recognition after being named Best Oil & Gas Deal of the Year at the...

Sahara Group Expands Recycling Network Across Northern Communities in Drive Toward Circular Economy

Sahara Group Foundation has expanded its recycling infrastructure across northern communities as part of its ongoing “Go Recycling” initiative, strengthening its waste-to-wealth programme aimed...

East African Importers Face Rising Costs as Shipping Giants Increase China Cargo Charges

Importers across East Africa are preparing for higher business costs after global shipping carriers introduced significant freight surcharges on cargo arriving from China and...

Egypt Inaugurates Industrial Complex, Advances Plans for €25–40 Million Railway Wagon Factory

Egypt has inaugurated a major industrial complex as part of its broader strategy to localize manufacturing and strengthen its position as a regional transportation...

U.S. weighs buying Chagos Islands as strategic Diego Garcia base remains at center of dispute

The White House is considering a proposal to purchase the Chagos Islands from Mauritius, according to a report by The Telegraph and CNBC Africa,...

South Africa’s Omnia posts 21% profit surge, rewards shareholders with higher dividend

South African fertiliser and chemicals producer Omnia Holdings reported a strong financial performance for the year ended March 31, 2026, with headline earnings per...
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As part of the landmark MarkHack 5.0 Conference, the 2nd edition...

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