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Business Africa
Luxury News
Johann Rupert’s Richemont Expands Italian Leather Hub in Strategic Luxury Investment
Swiss luxury goods group Richemont, controlled by South African...
Fashion News
Pharrell Williams Unveils New Collaborations With Quavo, Lil Baby and Angélique Kidjo at Louis Vuitton Show
Pharrell Williams blended fashion, music, and culture once again...
Fashion News
London Honours Gambian Fashion Designer Aminata Jarju With Prestigious African Designer Award
Gambian fashion designer and entrepreneur Aminata Jarju is set...
Business Africa
Australia’s $1.15 Billion Rare Earths Backing Boosts Outlook for Malawi’s Kangankunde Project
Australia’s decision to unlock the full A$1.65 billion ($1.15...
Business Africa
Murphy Oil Makes New Offshore Discovery as Côte d’Ivoire Advances Energy Growth Ambitions
U.S.-based Murphy Oil Corporation has announced a new offshore...
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Business Africa
West Africa Sees Surge in Indian Diesel After EU Blocks Russian Supply
West Africa has seen a sharp increase in Indian diesel imports following the European Union’s ban on fuel refined from Russian crude, Reuters reported....
Business Africa
PayPal Tests Africa Strategy in Nigeria with $100 Million Fund After Shares Slump
PayPal Holdings Inc. is testing its Africa strategy with a $100 million fund aimed at investments, partnerships, and acquisitions in fintech startups, selecting Nigeria...
Business Africa
Tanzania to Sell Gold Reserves to Finance Infrastructure Projects
Tanzania plans to sell part of its gold reserves to help finance major infrastructure projects as external development funding becomes harder to secure, the...
Business Africa
AES Faces First Major Economic Test After ECOWAS Exit as Currency Rumours Hit Setback
The Alliance of Sahel States (AES), formed by Mali, Burkina Faso and Niger following their exit from the Economic Community of West African States...
Business Africa
South Africa’s Auto Sector Is Not Seeking Steep Import Duty Hikes, BMW CEO Says
South Africa’s automotive industry is not calling for sharp increases in vehicle import duties, despite growing concern over rising imports, BMW South Africa’s chief...
Business Africa
Uganda Says It Will Cut Budget Support by 84% in Next Financial Year
Uganda plans to cut external budget support by about 84% in the next financial year starting in July, sharply reducing its reliance on loans...
Business Africa
Gabon Powers Up 8.5 MW Gas-Fired Plant as Africa Leans on Gas for Electricity
Credit: globalenergyprize.org
Business Africa
Angola Says JPMorgan Debt Extension Included $200 Million Collateral Cut
Credit: coincentral.com
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