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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,...

How Pressdia is Redefining PR in 2026

Across Africa, public relations is undergoing a quiet but significant shift. As startups, creatives, founders and fast-growing companies operate in a more competitive and...

Nigeria’s Current Account Surplus Expected to Reach $18.81 Billion in 2026

Nigeria’s current account is projected to post a surplus of $18.81 billion in 2026, up from an estimated $16.94 billion in 2025, driven by...

Ethiopia Reaches Draft Deal to Restructure $1 Billion Bond

Ethiopia has struck a draft agreement with a group of investors holding part of its $1 billion 2024 international bond, a key step toward...

Amaka Onwughalu Appointed Fidelity Bank Chairman as Chike‑Obi Steps Down

Fidelity Bank Plc has named Amaka Onwughalu as its new Chairman, taking over from Mustafa Chike‑Obi, whose tenure ended on December 31, 2025, the...

Angola Lifts Crude Oil Output by 25,000 Barrels per Day as Chevron Backed N’Dola Sul Field Begins Production

Angola has raised its crude oil production by about 25,000 barrels per day following the start of output from the N’Dola Sul offshore field,...

China-Backed Project Delivers Africa’s First Heavy-Haul Desert Railway

Algeria has completed the Western Mining Railway, delivering Africa’s first heavy-haul railway built entirely across desert terrain and marking a major milestone in the...

Egypt and Qatar Sign MoU to Strengthen LNG Sales and Import Cooperation

Egypt and Qatar have signed a memorandum of understanding to deepen cooperation on liquefied natural gas sales and imports, reinforcing energy ties as Egypt...

Where Profit Meets Precision: The Financial Mindset of Enduring Businesses

Many businesses generate profit, but far fewer manage it with precision. The difference lies in mindset. Financial strategy is not simply about earning more,...
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