Tag: Business Africa

Africa Dominates Global Off-Grid Solar Market as Adoption Surges Across Homes and Businesses

Africa strengthened its position as the world’s largest off-grid solar market in 2025, accounting for more than 90% of global sales as households, small...

Egypt Boosts Sinai Oil Output to Nine-Year High With Eni’s Support as Energy Import Costs Rise

Egypt has increased crude oil production from its Sinai offshore fields to the highest level since 2017, as Italian energy giant Eni and state-owned...

EU Commits €37 Million to Extend Google’s Blue-Raman Subsea Cable Into East Africa

The European Union has committed €37 million ($42.8 million) to support the extension of Google’s Blue-Raman undersea cable system into East Africa, strengthening digital...

Abdul Samad Rabiu Takes Delivery of $81 Million Bombardier Global 8000 Jet

Abdul Samad Rabiu, Chairman of BUA Group and Africa’s second-richest individual, has taken delivery of a Bombardier Global 8000 private jet valued at approximately...

Sanwo-Olu Courts Private Capital for Lagos Rail, Technology and Agriculture Projects

Lagos State Governor Babajide Sanwo-Olu has intensified efforts to attract private sector investment into key infrastructure and growth sectors, identifying rail transportation, technology, agriculture,...

Tanzania Targets Over $2 Billion in Russian Investment as Economic Ties Deepen

Tanzania is seeking to attract more than $2 billion in Russian investment and business deals over the next three to five years as President...

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