Tag: Business Africa

India’s Solar Industries Bets $1.36 Billion on Africa’s Mining Growth With Omnia Acquisition

India’s Solar Industries India has agreed to acquire South African chemicals and mining solutions group Omnia Holdings for approximately $1.36 billion in an all...

Dangote Signals Potential US Secondary Listing for Refinery as Africa’s Biggest IPO Opens

Aliko Dangote has said his oil refinery could pursue a secondary listing in the United States after its planned Nigerian flotation, potentially giving investors...

Stellantis Plans More Than €1 Billion Investment to Expand Van Production in France

Stellantis is reportedly preparing to invest more than €1 billion to produce a new van at its Hordain plant in northern France, as the...

Shettima Leads Nigeria’s Economic Push at 18th BRICS Summit in India

Vice President Kashim Shettima has arrived in New Delhi to represent President Bola Ahmed Tinubu at the 18th BRICS Leaders’ Summit, placing Nigeria at...

AfDB Commits $15 Million to Biovac for Africa’s First End to End Cholera Vaccine Production

The African Development Bank has signed a $15 million financing agreement with South African vaccine manufacturer Biovac to support the development of Africa’s first...

US Targets Lobito Corridor Energy Gap to Strengthen Africa Critical Minerals Supply Chain

The United States is increasingly focusing on the energy infrastructure surrounding the Lobito Corridor as it seeks to secure more reliable access to Africa’s...

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