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Business Africa

Finnfund backs Ecobank nature bond with $15 million investments

Finnfund has invested $15 million in a nature bond issued by Ecobank Transnational Incorporated, marking a significant push toward sustainable finance and climate-focused investment...

Benin’s new prime minister Wadagni vows stronger security and improved living conditions

Romuald Wadagni has officially taken office as prime minister of Benin, pledging to improve living standards, strengthen security, and accelerate economic development amid rising...

Cristiano Ronaldo finally finally wins his first major title with Al-Nassr

Cristiano Ronaldo has finally won his first major trophy with Al Nassr FC after leading the club to the Saudi Pro League title in...

Hong Kong set for historic milestone as first astronaut joins China space mission

Hong Kong is preparing for its first astronaut to participate in a mission to Tiangong Space Station, marking a major milestone for the city’s...

Egypt moves to become global grain trading and storage powerhouse

Egypt is intensifying efforts to position itself as a major global grain trading and storage hub as the country seeks to strengthen food security...

Zimbabwe targets $21 billion mineral export surge as mining sector ramps up expansion

Zimbabwe is positioning for a major mining expansion as authorities project mineral exports could reach $21 billion, driven by rising investment in gold, lithium,...

Dangote Refinery fuels Nigeria’s first credit rating upgrade in 14 years

Aliko Dangote’s $20 billion Dangote Refinery has emerged as a major factor behind Nigeria’s first sovereign credit rating upgrade in 14 years, highlighting the...

Nigeria prepares biggest telecom overhaul in two decades amid digital economy pressures

Nigeria is preparing its most far-reaching telecommunications reform in more than 20 years as authorities respond to worsening network outages, rising internet demand, infrastructure...

Guinea secures $1 billion Chalco refinery deal in major industrialisation push

Guinea has received a major boost to its industrialisation ambitions after Aluminum Corporation of China (Chalco) agreed to invest $1 billion in a new...

Mr Eazi and Temi Otedola prepare to welcome first child

Mr Eazi and Temi Otedola are reportedly expecting their first child together, sparking excitement across Nigeria’s entertainment and social media space, according to DailyPost...

Richemont overtakes Walmart in North America jewellery market despite far smaller store network

Luxury group Compagnie Financière Richemont, backed by South African billionaire Johann Rupert, has overtaken Walmart in North America’s jewellery market despite operating only about...

Uganda’s export earnings jump 45% as gold shipments surge

Uganda recorded a 45% rise in export earnings in March, driven largely by a sharp increase in gold shipments that strengthened the country’s foreign...
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