Business Africa

World Bank Approves Additional $500 Million for Nigeria’s Climate Resilience Programme

The World Bank has approved an additional $500 million...

Business Africa

AngloGold Ashanti Plans $900 Million Mine Expansion to Add 400,000 Ounces of Annual Gold Production

AngloGold Ashanti plans to invest approximately $900 million in...

Business Africa

Afriland’s Paul Kammogne Secures Regulatory Approval to Launch Togo’s Second Brokerage Firm

Afriland First Group, founded by Cameroonian banking entrepreneur Paul...

Business Africa

South African Tycoon Brian Joffe, Who Built Bidvest, Wins Lifetime Achievement Award

South African entrepreneur Brian Joffe, the founder of Bidvest...

Fashion News

Ghana Launches Maiden Black Star Fashion Week to Position Industry for Global Competitiveness

Ghana has taken a new step towards strengthening its...

Business Africa

Africa’s largest asset manager explores stake acquisition in Balwin Properties

Public Investment Corporation, Africa’s biggest fund manager, is in talks to acquire a stake in Balwin Properties as institutional investors increase interest in South...

Business Africa

AES bloc pushes resource sovereignty as Niger signs $1bn energy deals with China

Niger has signed energy agreements worth about $1 billion with China as military-led governments within the Alliance of Sahel States intensify efforts to assert...

Business Africa

South Africa’s CHARGE rolls out off-grid EV charging network on key transport corridor

CHARGE has launched a series of off-grid electric vehicle charging stations along the Johannesburg-to-Durban corridor as South Africa accelerates efforts to expand sustainable transport...

Business Africa

Ethiopia injects $500m into market through special foreign exchange auction

Ethiopia’s central bank has allotted $500 million through a special foreign exchange auction as authorities intensify efforts to stabilise the country’s currency market and...

Business Africa

World Bank’s MIGA plans major Africa expansion with $6.4bn annual guarantee target

Multilateral Investment Guarantee Agency plans to more than double the value of guarantees it issues for projects in Africa to about $6.4 billion annually...

Entertainment News

The Devil Wears Prada 2 becomes global box office hit with over $546m worldwide

The Devil Wears Prada 2 has emerged as one of the year’s biggest commercial successes after earning $546 million globally just three weeks after...

Business Africa

ZEN Petroleum founder emerges as largest individual investor in Ghana Stock Exchange history

William Tewiah has become the richest individual investor in the history of the Ghana Stock Exchange following a major equity acquisition tied to Ghana’s...

Business Africa

Eni explores third floating LNG project offshore Mozambique

Eni is considering the development of a third floating liquefied natural gas platform off the coast of Mozambique as the energy giant deepens its...

Business Africa

Zambia’s state investment firm enters joint venture to expand gold mining sector

Industrial Development Corporation Zambia has formed a new joint venture aimed at expanding gold mining operations in Zambia as the government intensifies efforts to...

Business Africa

Pick n Pay raises $282m through partial sale of Boxer Retail stake

Pick n Pay Stores has raised about $282 million through the sale of part of its stake in Boxer Retail as the retailer continues...

Business Africa

Global health experts meet to fast-track vaccine options for rare Ebola Bundibugyo strain

International health experts led by the World Health Organization are convening urgent discussions to explore vaccine options against the rare Bundibugyo strain of Ebola...

Business Africa

South Africa’s Coega green ammonia project selects Topsoe in $1bn clean energy deal

South Africa’s Coega green ammonia project has selected Danish engineering company Topsoe for a deal valued at about $1 billion, marking a major step...

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