Tag: Business Africa

Zimbabwe Begins Blueberry Exports to China in Major Boost for Horticulture Trade

Zimbabwe has commenced commercial exports of blueberries to China, opening access to one of the world’s fastest-growing fruit markets as the country seeks to...

Dangote to Finance Proposed Kenya Refinery With Cash, Bonds and Planned IPO

Dangote Group plans to finance its proposed 700,000-barrel-per-day oil refinery in Kenya through a combination of internally generated cash, bond issuances, and proceeds from...

South Sudan Eases Oil Injunction After BB Energy Awarded Three Crude Cargoes

South Sudan has agreed to relax a court injunction that had restricted it from securing new oil prepayment deals after commodities trader BB Energy...

UTM Offshore Secures Long-Term Gas Supply Deal for $3 Billion LNG Project

UTM Offshore has secured a 15-year gas supply agreement, clearing one of the final major hurdles for its $3 billion Floating Liquefied Natural Gas...

Safaricom Shareholders to Vote on Vodafone’s Right to Appoint Chief Executive

Shareholders of Safaricom Plc, Kenya’s largest telecommunications company, are set to vote on a proposal that would grant Vodafone Kenya the formal right to...

Tanzania’s Central Bank Builds Gold Reserves With 28-Tonne Purchase in 18 Months

The Bank of Tanzania (BoT) has acquired approximately 28 metric tonnes of gold over the past 18 months as part of a government strategy...

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