Tag: Business Africa

S&P Restores Afreximbank’s Investment-Grade Rating in Major Boost for African Trade Finance

The African Export-Import Bank (Afreximbank) has regained its investment-grade status after S&P Global Ratings assigned the institution a BBB+ rating with a stable outlook,...

Zimbabwe State Gold Miner Targets Doubling Output by 2029 as Expansion Projects Gain Momentum

Zimbabwe’s state-owned gold producer, Mutapa Gold Resources, plans to double its annual gold output to 220,000 ounces by 2029, supported by a series of...

Zimbabwe Moves to Regulate Cryptocurrency Sector With New Licensing Framework

Zimbabwe has introduced its first comprehensive regulatory framework for cryptocurrencies, requiring businesses dealing in virtual assets to register with authorities and pay annual licensing...

Naguib Sawiris Expands Greek Luxury Tourism Bet With New Mykonos Resort

Egyptian billionaire Naguib Sawiris is deepening his investment in Greece’s luxury tourism sector with the development of a new five-star resort on the island...

Johann Rupert Strengthens Grip on South African Healthcare With Approval of Major Mediclinic Deal

South African billionaire Johann Rupert has secured regulatory approval for one of the country’s largest healthcare transactions in recent years, strengthening his control over...

Family Bank Set for NSE Debut as CMA Approves Landmark Listing

Kenya’s Family Bank will begin trading on the Nairobi Securities Exchange (NSE) on June 23, 2026, after securing approval from the Capital Markets Authority...

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