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Business Africa

Amazon Commits Additional $13 Billion to India’s AI Future

Amazon has announced plans to invest an additional $13...

Thai Billionaire’s Family Acquires $800 Million Property Portfolio From Frasers

The family of Thai billionaire Charoen Sirivadhanabhakdi has agreed...

Johann Rupert’s Richemont Expands Italian Leather Hub in Strategic Luxury Investment

Swiss luxury goods group Richemont, controlled by South African...

Saudi Arabia Launches Gold Market in Africa, Challenging Dubai’s Longstanding Dominance

Saudi Arabia has established a new gold trading market in Africa, signaling its ambition to become a major hub for the continent’s bullion trade...

Nigeria Emerges as Top Belt and Road Beneficiary With China-Backed $24.6 Billion GRIP Megaproject

Nigeria has emerged as the largest beneficiary of China’s Belt and Road Initiative in 2025, driven by a $24.6 billion construction commitment tied to...

Ethiopia Moves to Take Full Control of Its Currency, Aiming for Long Term Stability

Ethiopia is moving to localise the production of its national currency, the Ethiopian birr, as part of a broader effort to strengthen monetary sovereignty...

Egyptian Food Retailer Gourmet Plans IPO to Float 47.6% Stake

Egyptian premium food retailer Gourmet Egypt is preparing to float 47.6 percent of its issued shares in an initial public offering on the Egyptian...

Senegal Crowned AFCON Champions After Dramatic Final Showdown

Senegal clinched the Africa Cup of Nations title after a tense and dramatic final, edging past Morocco in extra time to secure their place...

Libya Signs $2.7 Billion Partnership to Expand Misurata Free Zone

Libya has signed a $2.7 billion strategic partnership to expand and modernise the Misurata Free Zone, a move aimed at positioning the coastal hub...
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