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

Israel deploys mobile climate lab in Kenya to close Africa’s data gap

Israel has deployed what is described as the world’s first mobile climate laboratory in Kenya, aiming to tackle Africa’s long-standing shortage of reliable environmental...

Business Africa

World Cup prize pool nears $900m as FIFA boosts payouts for 2026 tournament

FIFA is set to distribute nearly $900 million to teams participating in the 2026 World Cup, following a significant increase in financial allocations driven...

Business Africa

US leads Africa’s largest military drill with 5,000 troops from over 40 nations

The United States has launched its largest annual military exercise in Africa, bringing together more than 5,000 troops from over 40 countries in a...

Business Africa

Nigeria’s non-oil exports gain momentum as trade approaches $1bn milestone in 2026

Nigeria is seeing renewed momentum in its export sector, with non-oil trade nearing the $1 billion mark in early 2026 as diversification efforts begin...

Business Africa

China’s Linkerbot targets $6bn valuation as robotic hand maker rides AI automation wave

China-based robotics startup Linkerbot is targeting a $6 billion valuation in its next fundraising round, underscoring surging investor interest in advanced automation technologies. The...

Business Africa

GameStop launches $56bn bid for eBay, signals readiness for takeover

GameStop has made an unsolicited $56 billion offer to acquire eBay, in what is shaping up to be one of the most audacious takeover...

Business Africa

Nigeria’s national treasury eyes ₦6.8trn oil windfall as higher crude prices boost fiscal outlook

Nigeria’s national treasury is set to receive an additional ₦6.8 trillion in oil revenue, driven by rising global crude prices and ongoing economic reforms....

Business Africa

Pentagon accelerates AI push with classified deals involving seven tech giants

The Pentagon has signed agreements with seven leading artificial intelligence companies to deploy their technologies across classified military systems, marking a major escalation in...

Business Africa

Dangote Refinery begins direct jet fuel supply to Ethiopian Airlines in export expansion

Dangote Refinery has started direct aviation fuel deliveries to Ethiopian Airlines, marking a significant step in its push to become a major supplier of...

Business Africa

OPay taps Citi, Deutsche Bank, JPMorgan for $4bn U.S. IPO push

OPay has hired Citigroup, Deutsche Bank and JPMorgan Chase to lead its planned U.S. initial public offering, targeting a valuation of about $4 billion,...

Business Africa

BUA Cement, Presco lead Nigeria’s Q1 profitability rankings on strong earnings surge

BUA Cement and Presco Plc have emerged as the most profitable listed companies in Nigeria for the first quarter of 2026, underscoring strong earnings...

Business Africa

Lagos strengthens $500m World Bank HOPE programme with operational vehicle deployment

Lagos State has handed over a fleet of operational vehicles to boost implementation of the World Bank-backed World Bank Human Capital Opportunities for Prosperity...

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