Pressdia Ad

Business Africa

Kemet partners with Coinbase to expand institutional crypto derivatives access

New York-based crypto infrastructure startup Kemet, founded by an Egyptian entrepreneur, has partnered with Coinbase to expand institutional access to crypto derivatives, deepening the...

Green Sky Capital secures $500m backing for Egypt SAF plant in aviation fuel push

Qatar-based Green Sky Capital has secured funding for a sustainable aviation fuel (SAF) production facility in Ain Sokhna, Egypt, in a project believed to...

Mozambique eyes mining boom with 15% stake push and export ban strategy

Mozambique is positioning itself to capture greater value from its mineral resources by introducing a 15% mandatory state stake in major mining projects and...

Samsung crosses $1 trillion valuation as AI boom fuels historic stock rally

Samsung Electronics has surpassed a $1 trillion market valuation for the first time, driven by a powerful rally in semiconductor stocks linked to surging...

Trafigura among bidders for Natref stake as South Africa refinery sale attracts interest

Trafigura is among three bidders competing for a minority stake in South Africa’s Natref oil refinery, as the sale process for the asset gathers...

Nigeria’s NNPC remits $2.1bn in Q1 as reforms boost earnings, output still trails targets

Nigeria’s state oil firm, NNPC Limited, has remitted $2.1 billion to the national treasury in the first quarter of 2026, reflecting stronger revenue flows...

Starwood’s Sternlicht expands global data centre footprint amid AI surge

Barry Sternlicht, CEO of Starwood Capital Group, is accelerating a global push into data centres as demand for artificial intelligence infrastructure drives a new...

Taiwan asserts right to global engagement after Africa visit 

Lai Ching-te has reaffirmed Taiwan’s right to conduct official visits with its diplomatic partners following a high-profile trip to Eswatini, the island’s only remaining...

Gemcorp hires from Oaktree to deepen push into private credit expansion

Gemcorp Capital has recruited senior talent from Oaktree Capital Management as it accelerates its expansion into private credit, signalling growing competition among asset managers...

Zambia pushes back as U.S. links health funding to minerals access

Zambia has said a proposed U.S. health funding agreement must be separated from negotiations over access to critical minerals, highlighting growing tensions over the...

Oil pares gains as U.S. signals partial reopening of Hormuz shipping route

Global oil prices eased after earlier gains as the United States said two merchant vessels had successfully crossed the Strait of Hormuz, easing fears...

Eni moves to sell 5% stake in Nigeria’s Renaissance JV in continued upstream exit

Eni is in the process of selling its 5% interest in the Renaissance joint venture in Nigeria, marking another step in the broader retreat...
Pressdia Ad

Popular Articles

OPay Withdraws $304 Million New York IPO Hours After Pricing, Citing Regulatory Inquiry

Chinese billionaire Yahui Zhou’s Nigeria-focused fintech, OPay, has withdrawn...

Top 10 Nigeria’s Most Respected Public Figures and Statesmen in 2026

Nigeria’s most respected public figures are often distinguished not...

Meet Kayode Kasum The Filmmaker Turning Creative Vision Into Box Office Success

Kayode Kasum is a Nigerian filmmaker, director and producer...

Top 10 Nigerian YouTube Movie Producers with the Highest Subscribers in 2026

YouTube has become a major distribution platform for Nollywood,...

Cameroon’s SONARA Signs 30-Month Fuel Supply Agreement With Dangote Group

Cameroon’s state-owned oil refining company, Société Nationale de Raffinage,...