Tag: Business Africa
Business Africa
Dangote Refinery Secures $1 Billion Backing as Landmark IPO Moves Closer
Nigeria’s Dangote Petroleum Refinery has secured a $1 billion underwriting programme ahead of its planned initial public offering, strengthening the capital markets foundation for...
Finance
Ant Group Completes Paytm Exit as $309 Million Stake Sale Reshapes Ownership
China’s Ant Group has completed its exit from Indian digital payments company Paytm, with the final disposal of its economic interest linked to a...
Business Africa
ByteDance Attracts More Than $30 Billion in Orders for Landmark Bank Loan
ByteDance, the Chinese owner of TikTok, has attracted more than $30 billion in investor orders for a proposed jumbo bank loan, underscoring strong lender...
Business Africa
Standard Bank Eyes OPay Stake Ahead of Potential US Listing
Standard Bank Group is considering acquiring a stake in Nigerian fintech OPay ahead of a potential US initial public offering that could value the...
Business Africa
Hichilema Wins Second Term as Zambia’s Economic Recovery Faces New Test
Zambian President Hakainde Hichilema has secured a second five year term after winning the country’s August 13 presidential election, according to official results released...
Business Africa
ExxonMobil Commits $1.1 Billion to Advance Mozambique’s $30 Billion Rovuma LNG Project
ExxonMobil and its partners have awarded approximately $1.1 billion in pre-investment contracts for critical upstream equipment for the Rovuma LNG Phase 1 project in...
Popular articles
Africa
Top 100 Voices Changing the Future: Celebrating Africa’s Most Influential Innovators and Entrepreneurs
Africa is entering a defining era, one shaped by...
Top 10
Africa’s Literacy Champions: The Top 5 Nations Leading the Continent’s Educational Ascent
In the narrative of Africa’s development, literacy remains a...