Tag: Business Africa

NatWest Reopens US Expansion Drive as UK Banking Rules Loosen

NatWest Group is stepping up its return to the US market after securing approval from the Federal Reserve to establish a representative office in...

Leapmotor Chases 1 Million 2026 Deliveries as New Models and Overseas Expansion Accelerate

Chinese electric vehicle maker Leapmotor is maintaining its ambitious target of 1 million vehicle deliveries in 2026, betting on new model launches and rapidly...

Tunisia’s Cash Economy Hits Record $10.5 Billion as Cheque Crackdown Reshapes Payments

Tunisia’s cash holdings have climbed to a record 30.04 billion dinars ($10.5 billion), up about 16% from a year earlier, as households and businesses...

Dangote Refinery Reshapes Nigeria’s Fuel Trade as Exports Surge Sevenfold

Nigeria’s petroleum trade is undergoing a major transformation as seaborne refined petroleum product exports have risen sevenfold since 2023, driven largely by increased output...

Otedola Nears 30% First HoldCo Stake With Fresh $9 Million Share Acquisition

Nigerian billionaire Femi Otedola has moved closer to a 30% ownership stake in First HoldCo, parent company of FirstBank, after acquiring another 95.7 million...

Porsche Turns to TCS in $1.46 Billion AI Partnership to Accelerate Digital Transformation

Porsche is deepening its push into artificial intelligence through a five year partnership with India’s Tata Consultancy Services (TCS) valued at €1.25 billion ($1.46...

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