Tag: Business Africa

Toyota Begins Pilot Production of Next-Generation Hilux at South African Plant

Toyota South Africa Motors (TSAM) has commenced pilot production of its next-generation Hilux pickup truck at its manufacturing plant in Durban, marking a major...

Tether Invests $20 Million in Ualá to Accelerate Latin America Expansion

Tether, the issuer of the world’s largest stablecoin USDT, has invested $20 million in Argentine fintech Ualá, deepening its push into Latin America’s fast-growing...

Angola Seeks De Beers Stake to Shape Future Strategy, Minister Says

Angola is seeking to acquire a strategic stake in De Beers, arguing that greater ownership would allow the country to play a more active...

BlackRock Surpasses $15 Trillion in Assets After Attracting $192 Billion in New Investments

BlackRock, the world’s largest asset manager, has crossed the $15 trillion assets-under-management milestone after attracting $192 billion in net client inflows during the second...

Meta’s Stock Rebound Signals Growing Investor Confidence in AI Strategy

Meta Platforms has staged a sharp rebound in its share price, signalling renewed investor confidence in the company’s ambitious artificial intelligence strategy despite concerns...

Dubai Property Tycoon Plans $20 Billion Development to Help Rebuild Syria

Dubai property billionaire Mohamed Alabbar, founder of Emaar Properties, is planning to invest up to $20 billion in large-scale real estate and tourism developments...

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