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Business Africa

Dangote Group explores new dollar bond sales to finance expansion drive

Aliko Dangote’s conglomerate is considering additional U.S. dollar bond...

Shell quarterly profit jumps 19% as oil price surge lifts earnings

Shell reported a 19% rise in quarterly net profit...

Kenya joins Africa’s oil producers with first output milestone of 20,000 bpd

Kenya has officially entered the ranks of Africa’s oil-producing...

Safaricom posts 59% surge in annual pretax profit on strong fintech growth

Safaricom reported a 59% jump in annual pretax earnings,...

Ghana Clears $1.47 Billion in Energy Sector Debts to Restore Power Stability

Ghana has cleared $1.47 billion in outstanding energy sector debts, a move the government says is aimed at restoring stability, strengthening investor confidence and...

Flowers Bloom on Cocoa Trees Ahead of Ivory Coast’s Mid-Crop Season

Cocoa trees across Ivory Coast are showing healthy flowering ahead of the country’s mid crop season, raising cautious optimism for output prospects in the...

Morocco Targets $10 Billion AI Contribution to GDP by 2030

Morocco has set an ambitious goal to generate $10 billion in economic value from artificial intelligence by 2030, positioning AI as a central pillar...

FG Commissions ₦40 Billion CCTV Control Centre on Third Mainland Bridge to Boost Safety

The Federal Government of Nigeria has officially inaugurated a ₦40 billion CCTV control centre on the Third Mainland Bridge in Lagos, reinforcing surveillance and safety...

Jux, Yemi Alade and Others Celebrate Wins at 9th AFRIMA Awards

Africa’s top music stars were honoured at the 9th All Africa Music Awards (AFRIMA), held in Lagos, Nigeria, spotlighting excellence across the continent’s music...

Morocco and Egypt Set New Tourism Records as Africa’s Most-Visited Countries

Morocco and Egypt recorded historic highs in international tourist arrivals in 2025, reinforcing their positions as Africa’s leading travel destinations and underscoring tourism’s growing...

France Moves to Reclaim African Market Share as Macron Unveils New Economic Strategy

France is stepping up efforts to regain lost ground in African markets as President Emmanuel Macron orders a renewed push to deepen trade and...

Standard Chartered Deepens Commitment to Nigeria, Meets CBN’s ₦200 Billion Capital Requirement

Standard Chartered Bank Nigeria Limited has confirmed full compliance with the Central Bank of Nigeria’s ₦200 billion minimum capital requirement, achieving the threshold well...

China Reaffirms Support for Somalia After Top Diplomat Postpones Visit

China has reiterated its support for Somalia’s sovereignty and territorial integrity after postponing a planned visit by Foreign Minister Wang Yi, a trip that...

Egypt Signs $1.8 Billion Renewable Energy Deals to Scale Solar and Storage Capacity

Egypt has signed renewable energy agreements worth $1.8 billion, reinforcing its push to expand clean power generation and strengthen energy security as electricity demand...
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