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Business Africa

Dangote Group explores new dollar bond sales to finance expansion drive

Aliko Dangote’s conglomerate is considering additional U.S. dollar bond...

Shell quarterly profit jumps 19% as oil price surge lifts earnings

Shell reported a 19% rise in quarterly net profit...

Kenya joins Africa’s oil producers with first output milestone of 20,000 bpd

Kenya has officially entered the ranks of Africa’s oil-producing...

Safaricom posts 59% surge in annual pretax profit on strong fintech growth

Safaricom reported a 59% jump in annual pretax earnings,...

Mali Recovers 1.2 Billion Dollars from Miners and Targets Major Annual Revenue Boost under New Mining Code

Mali has recovered roughly 1.2 billion dollars in outstanding payments from mining companies after a comprehensive sector-wide audit, according to Reuters. Officials said the...
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