Tag: Business Africa

China’s Vehicle Exports Surpass One Million in a Month for the First Time as NEVs Lead Growth

China’s automobile exports exceeded one million vehicles in a single month for the first time, marking a major milestone for the world’s largest auto...

ECOWAS Bank Plans to Double Assets to $4.4 Billion to Bridge West Africa’s Infrastructure Gap

The ECOWAS Bank for Investment and Development (EBID) plans to double its balance sheet to approximately $4.4 billion over the next five years as...

MTN and Telecel Set for 5G Licence Battle in Ghana After End of Ambani-Backed Deal

MTN Group and Telecel Group are preparing to compete for 5G licences in Ghana after the government moved to end the exclusive rights previously...

Naguib Sawiris Invests Additional $10 Million to Transform Giza Plateau Into Year-Round Tourism Hub

Egyptian billionaire Naguib Sawiris is investing an additional 500 million Egyptian pounds ($10 million) to accelerate the transformation of the Giza Plateau into a...

ExxonMobil Commits $1 Billion to Nigeria’s Usan Oilfield Development

ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, marking the company’s return to drilling operations in the...

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...

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