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Business Africa

Russia expands African energy presence with Madagascar fuel storage partnership

Russia is deepening its energy footprint in Africa after signing agreements with Madagascar to establish a common economic zone that includes plans for strategic...

Zambia forms new joint venture to revive historic lime production facility

Industrial Development Corporation has entered into a joint venture aimed at reviving a century-old lime production facility in Zambia, part of broader efforts to...

Invictus Energy secures Zimbabwe gas agreement for Cabora Bassa project

Invictus Energy has signed a gas agreement with Zimbabwe for the Cabora Bassa gas project, marking a significant step forward in one of southern...

Nio shares surge after unveiling China’s largest electric SUV

Shares of Nio surged after the company launched what it described as China’s biggest electric SUV, strengthening investor optimism around the premium EV maker’s...

Rolls-Royce unveils ultra-exclusive Black Badge Cullinan art series with Cyril Kongo

Rolls-Royce Motor Cars has revealed a highly exclusive collection of five Black Badge Cullinan models created in collaboration with renowned French artist Cyril Kongo,...

Billionaire-backed African Parks shifts focus to local leadership and community conservation

African Parks, the conservation group backed by major philanthropists and billionaires, is increasingly focusing on local leadership and community-driven conservation strategies as it seeks...

Congo to remove visa requirements for African travellers from 2027

Republic of the Congo has announced plans to remove visa requirements for all African travellers starting in 2027, a move aimed at boosting regional...

AfDB says Africa could save $299 billion annually through efficient public investment management

African Development Bank has said African countries could save as much as $299 billion annually by improving the efficiency of public investment and infrastructure...

Fidelity Bank posts ₦92.4 billion profit in strong first quarter performance

Fidelity Bank Plc reported a profit of ₦92.4 billion for the first quarter of 2026, reflecting strong growth in interest income, digital banking activity,...

Tinubu assures Nigerians of economic recovery in Eid-el-Kabir message

Bola Ahmed Tinubu has assured Nigerians that better days are ahead as the country marks the Eid-el-Kabir celebrations, urging citizens to remain united and...

OPay expands ₦1.2 billion scholarship programme with new Google-backed innovation challenge

OPay has expanded its ₦1.2 billion 10-year scholarship programme and introduced a new innovation challenge in partnership with Google, deepening efforts to support education,...

Tyla makes history with double win at the 2026 American Music Awards

Tyla made history at the 2026 American Music Awards after securing two major wins and emerging as the only African artiste honoured at the...
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