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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...

Nigerian Stocks Surge $2.5 Billion in One Week as Market Value Tops $66 Billion

Nigeria’s equity market recorded a strong week of gains, with total market capitalization climbing past $66 billion, reflecting renewed investor confidence in Africa’s largest economy....

Cameroon’s $622 Million Kribi Oil Refinery to Begin Operations in 2026, Ahead of Schedule

Cameroon is set to commission its Kribi oil refinery in 2026, almost two years earlier than originally planned, marking a milestone in the country’s...

South Africa’s Platreef Mine Produces First Concentrate, Marking Major Project Milestone

South Africa’s Platreef Mine has produced its first concentrate, marking a significant step forward for one of the world’s largest precious metals projects and...

Uganda’s Museveni Seeks Seventh Term, Extending Four-Decade Grip on Power

Uganda’s President Yoweri Museveni has confirmed he will seek a seventh term in office, a move that could extend his leadership beyond four decades...

Ghana Clears $1.47 Billion in Energy Sector Debts to Restore Power Stability

Ghana has cleared $1.47 billion in outstanding energy sector debts, a move the government says is aimed at restoring stability, strengthening investor confidence and...

Flowers Bloom on Cocoa Trees Ahead of Ivory Coast’s Mid-Crop Season

Cocoa trees across Ivory Coast are showing healthy flowering ahead of the country’s mid crop season, raising cautious optimism for output prospects in the...

Morocco Targets $10 Billion AI Contribution to GDP by 2030

Morocco has set an ambitious goal to generate $10 billion in economic value from artificial intelligence by 2030, positioning AI as a central pillar...

FG Commissions ₦40 Billion CCTV Control Centre on Third Mainland Bridge to Boost Safety

The Federal Government of Nigeria has officially inaugurated a ₦40 billion CCTV control centre on the Third Mainland Bridge in Lagos, reinforcing surveillance and safety...

Jux, Yemi Alade and Others Celebrate Wins at 9th AFRIMA Awards

Africa’s top music stars were honoured at the 9th All Africa Music Awards (AFRIMA), held in Lagos, Nigeria, spotlighting excellence across the continent’s music...

Morocco and Egypt Set New Tourism Records as Africa’s Most-Visited Countries

Morocco and Egypt recorded historic highs in international tourist arrivals in 2025, reinforcing their positions as Africa’s leading travel destinations and underscoring tourism’s growing...

France Moves to Reclaim African Market Share as Macron Unveils New Economic Strategy

France is stepping up efforts to regain lost ground in African markets as President Emmanuel Macron orders a renewed push to deepen trade and...
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