Tag: Business Africa

AI and Cloud Demand Drive Nokia’s Strong Second-Quarter Sales Growth

Nokia has reported stronger-than-expected second-quarter results, with surging demand from artificial intelligence (AI) and cloud infrastructure customers driving significant sales growth and prompting the...

Team Nigeria Wins Gold at 2026 Spelling Bee World Cup in China

Nigeria has recorded a landmark achievement in global education after Team Nigeria won the Gold Award in the Middle School Group Category at the...

Ethio Telecom Earnings Jump 47.5% to 92.9 Billion Birr on Subscriber Growth

Ethio Telecom, Ethiopia’s state-owned telecommunications operator, has reported a 47.5% increase in earnings before interest and taxes (EBIT) to 92.9 billion birr ($581.3 million)...

African Rainbow Minerals Approves Bokoni Platinum Expansion and Nkomati Nickel Mine Restart

African Rainbow Minerals (ARM) has approved a 15.2 billion rand ($927 million) phased expansion of its Bokoni platinum group metals (PGM) operation and the...

Samsung Unveils Premium Foldable Smartphones With Higher Prices Amid AI Push

Samsung Electronics has launched a new generation of premium foldable smartphones with higher price tags, reinforcing its leadership in the foldable device market as...

Egypt Approves Oil and Gas Agreements Including Perenco’s North Sinai Project

Egypt’s parliament has approved four new oil and gas exploration and development agreements, including a strategic North Sinai project involving Franco-British independent energy producer...

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