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Business Africa

Crop Trader Olam to Invest Additional $400 Million in Africa as Diets Shift

Olam Agri is planning to invest approximately $400 million...

Google Commits $15 Billion to Malaysia Data Centre and Digital Infrastructure Expansion

Google, the technology subsidiary of Alphabet, has announced plans...

South Africa’s Grindrod to Begin Coal Haulage on Transnet Rail in 2027

South African logistics group Grindrod is preparing to begin...

Nigerian Billionaire Aliko Dangote Plans Undersea Fuel Pipeline from Nigeria to Ghana

Nigerian industrialist Aliko Dangote is planning an undersea petroleum...

F.P. Journe Auction Records Signal Recovery in Swiss Luxury Watch Market

Switzerland’s luxury watch industry is showing signs of recovery in the secondary market, with record auction prices for independent watchmaker F.P. Journe helped to...

Nigeria Challenges World Bank’s ₦7.7 Trillion Debt Interest Assessment

Nigeria’s Federal Government has challenged the World Bank’s assessment that interest payments on public debt exceeded federal revenue in the first half of 2026,...

Egyptian Hotel Magnate Kamel Abou Aly Secures $250 Million to Expand Morocco Portfolio

Egyptian hotel entrepreneur Kamel Abou Aly has secured $250 million in financing from the International Finance Corporation (IFC), a member of the World Bank...

Oba of Benin Opens Royal Chess Classic, Pledges Education and Welfare Support for Eight Year Old Player

The Oba of Benin, Ewuare II, has pledged to sponsor the education and welfare of eight year old chess player Emmanuella Omoragbon after making...

Nvidia CEO Jensen Huang Says Every Company Must Prepare for an AI Driven Future

Artificial intelligence will eventually become integral to every company and industry, according to Jensen Huang, chief executive of US chipmaker Nvidia, who has urged...

US Budget Deficit Hits $1.99 Trillion as Debt Servicing Costs Surge

The United States federal budget deficit climbed to $1.99 trillion in fiscal year 2026, marking its largest annual shortfall since 2021 and the third...

Fubara Awards ₦50 Million to Rivers Real Madrid Academy After UK Tour Success

Rivers State Governor Siminalayi Fubara has rewarded players, coaches and officials of the state-sponsored Real Madrid Football Academy in Port Harcourt with ₦50 million...

Ogun State Government Distributes 10 Tractors, Farm Equipment and Digital Tools to 10,000 Farmers

The Ogun State Government has unveiled a major agricultural support package for 10,000 rice and cassava farmers, distributing tractors, farm equipment, subsidised inputs and...

Agbara Nla The Return Grosses ₦307.2 Million, Ranks Fourth Among Nollywood Films in 2026

Nollywood faith-based film Agbára Ńlá: The Return has grossed more than ₦307.2 million at the Nigerian box office, becoming the fourth highest-grossing Nollywood film...

Asake Sells Out London’s O2 Arena for Third Time on In God We Trust World Tour

Nigerian Afrobeats star Asake has recorded another major international milestone after delivering a sold-out performance at London’s O2 Arena on October 15, 2026, marking...

Femi Adebayo Unveils Star Studded Cast for Jagun Jagun 2 Ahead of Netflix Premiere

Nigerian actor and filmmaker Femi Adebayo has unveiled an expanded cast for Jagun Jagun 2, the sequel to his award-winning 2023 Yoruba epic, bringing...

South Africa Targets 2027 Launch for National Cash Utility to Cut Banking Costs

The South African Reserve Bank (SARB) is advancing plans to establish a national cash utility in 2027 as part of a sweeping reform of...
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