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Business Africa

KCB Group Posts 11% Rise in 2025 Profit on Strong Interest Income

Kenya’s leading lender KCB Group reported an 11 percent increase in net profit for 2025, driven by strong growth in interest income and expansion...
Business Africa

Chevron Sells Stake in Angola’s Block 14 and 14K to Energean for $260 Million

U.S. oil major Chevron has agreed to sell its stake in offshore Block 14 and Block 14K in Angola to London-listed energy company Energean...
Business Africa

MSC Secures 45-Year Lagos Port Concession with Nigerdock

Global shipping giant Mediterranean Shipping Company (MSC) has secured a 45-year concession agreement with Nigerian maritime and logistics firm Nigerdock to develop and operate...
Business Africa

South Africa’s Standard Bank Reports 11% Rise in Annual Earnings

Standard Bank Group, Africa’s largest lender by assets, reported an 11 percent increase in annual earnings, supported by strong performance across its banking operations...
Business Africa

Ghana’s Only Refinery to Undergo Major Upgrade, Capacity to Reach 45,000 bpd

Credit: theenergyyear.com
Business Africa

Ivory Coast Sells 400,000 Tons of 2025/26 Cocoa Export Contracts

Credit: www.africanews.com
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