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Business Africa

Lenovo shares soar 15% after record earnings powered by AI boom

Lenovo shares jumped 15% after the world’s largest PC maker reported record quarterly earnings driven by surging demand for artificial intelligence infrastructure, servers, and...

Afentra plans new Angola exploration drilling campaign by 2027

Afentra is targeting new exploration wells offshore Angola by 2027 as the company expands its footprint in one of Africa’s leading oil-producing nations. Company...

Egypt’s central bank keeps interest rates unchanged amid inflation pressures

Central Bank of Egypt has left its key interest rates unchanged as policymakers continue balancing inflation control with efforts to support economic growth and...

Australian miner makes major copper-silver discovery in Namibia amid critical minerals race

An Australian mining company has announced a significant copper and silver discovery in Namibia, adding fresh momentum to Africa’s growing role in the global...

Morocco and France deepen ties with new strategic partnership talks

Morocco and France are moving toward a new strategic agreement as diplomatic and economic relations between both countries reach what officials describe as one...

China’s solar exports to Africa jump 83% as energy shortages accelerate clean power demand

China’s solar exports to Africa surged by 83% over the past year as worsening electricity shortages, rising fuel costs, and expanding energy access programmes...

Tanzania’s rare earth discovery boosts Africa’s strategic minerals ambitions

A newly confirmed rare earth elements discovery in Mkiu Village, Ludewa District of Tanzania’s Njombe Region is adding fresh momentum to Africa’s growing role...

Eskom explores nuclear funding talks as South Africa eyes energy expansion

Eskom is in early-stage discussions with the World Bank and other development finance institutions over potential funding for nuclear energy projects as South Africa...

Otedola Commits $100 Million to Dangote Refinery Ahead of Landmark IPO

Femi Otedola has committed $100 million toward acquiring a stake in Dangote Refinery ahead of its planned initial public offering, further strengthening investor confidence...

“Call of My Life” Sparks Nollywood’s Romcom Renaissance

Call of My Life has made an impressive entrance at the Nigerian box office, grossing ₦78.2 million during its opening weekend and emerging as...

Nigerian stars Tems, Wizkid, Burna Boy and Asake land major nominations at the 2026 BET Awards

Tems, Wizkid, Burna Boy, and Asake have secured major nominations for the 2026 BET Awards, further cementing Afrobeats’ growing global dominance, according to ChannelsTv...

Xi and Putin deepen strategic alliance with new trade and energy agreements

Xi Jinping and Vladimir Putin have signed a series of new agreements covering trade, energy cooperation, infrastructure, technology, and strategic investment as both countries...
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