Tag: Business Africa

Angola Raises More Than $300 Million in Oversubscribed Unitel IPO

Angola has raised 300.3 billion kwanzas (about $329 million) after investors oversubscribed the initial public offering of a 15% stake in Unitel, the country’s...

South Africa Adds Angolan Kwanza to Regional Payment System in Boost for Cross Border Trade

South Africa has introduced the Angolan kwanza as a settlement currency in the Southern African Development Community Real Time Gross Settlement (SADC RTGS) system,...

DCC Energy Agrees to £5.7 Billion Takeover by KKR and Energy Capital Partners

Irish energy distribution company DCC Energy has agreed to a £5.7 billion takeover by a consortium comprising private equity firm KKR and Energy Capital...

Vodafone Beats Revenue Estimates as Germany Returns to Growth

Vodafone Group reported first quarter results that exceeded market expectations, driven by stronger service revenue growth in Germany and continued momentum across its African...

Burkina Faso Records More Than $6 Billion in Official Gold Trade as Mining Reforms Gain Momentum

Burkina Faso has recorded more than $6 billion worth of gold through official production and procurement channels during the first six months of 2026,...

Tunde Onakoya, Sam Otigba and HackSultan Launch ₦250 Million Tech Scholarship for NYSC Members and Graduates

Chess in Slums Africa founder Tunde Onakoya has partnered with Jobs59 founder Sam Otigba and AltSchool Africa founder Sultan Akintunde, widely known as HackSultan,...

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