Tag: Business Africa

Scientists Identify Climate-Resilient Coral Reefs Offering Hope for Ocean Conservation

Scientists have identified approximately 166,000 square kilometres (64,000 square miles) of coral reefs worldwide that could withstand the impacts of climate change, a breakthrough...

World’s 500 Richest Individuals Add Record $336 Billion in Single-Day Wealth Surge

The world’s 500 wealthiest individuals recorded the largest single-day increase in personal wealth ever tracked, adding a combined $336 billion as global equity markets...

India’s Pharma Billionaire Targets Global Leadership in Insulin Market as Industry Rivals Shift Focus

Indian pharmaceutical billionaire Kiran Mazumdar-Shaw is positioning her company, Biocon, to become the world’s leading insulin supplier as major global drugmakers increasingly redirect investment...

India’s Prestige Denim Invests $20 Million in Egypt as Textile Manufacturing Boom Accelerates

Indian textile manufacturer Prestige Denim Mills will invest $20 million in a new denim fabric production facility in Egypt, reinforcing the country’s emergence as...

UK Moves to Ban Social Media for Under-16s in Landmark Child Safety Overhaul

The United Kingdom has announced plans to ban social media platforms from offering services to children under the age of 16, in one of...

AFC Commits $600 Million to Dangote Fertiliser Expansion Across Nigeria and Ethiopia

The Africa Finance Corporation has approved a $600 million financing facility for the Dangote Group to support a major fertiliser expansion programme that will...

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