Tag: Business Africa

Dangote Refinery targets global jet fuel market with 700,000 bpd expansion

Dangote Petroleum Refinery is positioning itself as a major global supplier of aviation fuel, unveiling plans to add 700,000 barrels per day of new...

Ghana lands Hyundai plant and new university as South Korea deepens Africa investment push

Ghana is set to host a Hyundai automotive manufacturing plant and a new university under an expanding partnership with South Korea, a development expected...

Amazon launches Prime in South Africa for under $4 a month

Amazon has launched its Prime subscription service in South Africa according to Reuters, offering customers access to faster deliveries, entertainment content, exclusive shopping deals,...

Congo Basin secures over $3 billion for climate and sustainable development projects

The Congo Basin, often described as the world’s second-largest ecological lung after the Amazon, has attracted more than $3 billion in new funding commitments...

Spiro raises $215 million as Africa’s largest electric mobility company races toward unicorn status

Spiro, widely regarded as Africa’s largest electric mobility company, has secured $215 million in fresh equity financing to accelerate the expansion of its electric...

EU launches first South Africa investment roadshow in race for critical minerals

The European Union has launched its first investment roadshow in South Africa focused on critical minerals, underscoring Europe’s growing efforts to secure supplies of...

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