Tag: Business Africa

Ghana targets investment-grade status by 2029 after historic debt default

Ghana is aiming to regain an investment-grade sovereign credit rating by 2029, just a few years after suffering one of Africa’s most significant debt...

Ethiopia unveils plan for 80% local participation to reduce reliance on foreign contractors

Ethiopia has unveiled an ambitious strategy to increase local participation in international construction and infrastructure projects to 80% over the next decade, as the...

Nigeria to launch 2026 oil licensing round in third quarter as investment momentum builds

Nigeria will launch its 2026 oil and gas licensing round by the third quarter of the year after securing ministerial approval, as Africa’s largest...

Zara owner Inditex defies retail slowdown as sales growth accelerates

Spanish fashion giant Inditex, owner of the iconic Zara brand, has demonstrated remarkable resilience amid global economic uncertainty, reporting stronger-than-expected sales growth as consumers...

Dubai’s Apparel Group explores IPO for India business amid retail expansion push

Dubai-based Apparel Group is exploring an initial public offering for its fast-growing India business as the retail giant seeks to capitalize on rising consumer...

Canal+ gains on Johannesburg debut as French media giant expands African footprint

French media and entertainment group Canal+ rose in its debut trading session on the Johannesburg Stock Exchange, marking a historic milestone as the first...

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