Tag: Business Africa

AfDB moves to become largest shareholder in African guarantee platform to unlock infrastructure investment

The African Development Bank is set to become the largest shareholder in the Nairobi-based African Trade and Investment Development Insurance (ATIDI) through a planned...

Zambia’s ZCCM-IH partners with Chinese firm on 600MW coal power project

ZCCM Investments Holdings has entered into a partnership with Chinese-owned Wonderful Group Services to develop a 600-megawatt coal-fired power plant in Zambia, a major...

Nvidia unveils new AI chip that brings artificial intelligence directly to personal computers

Nvidia has unveiled a new chip designed to bring advanced artificial intelligence capabilities directly to laptops and desktop computers, marking a major push to...

Zegna heads to Los Angeles as luxury brands chase growth in America

Zegna is bringing its Summer 2027 runway show to Los Angeles, becoming the latest major luxury house to shift attention toward the United States...

Nigeria-UAE non-oil trade reaches $5 billion as economic ties deepen

Non-oil trade between Nigeria and United Arab Emirates climbed to $5 billion in 2025, up from $4.3 billion in 2024, highlighting the rapidly expanding...

Hiab agrees $1.04 billion acquisition of truck maker Labrie in major North American expansion

Hiab has agreed to acquire Canadian refuse collection vehicle manufacturer Labrie Environmental Group in a deal valued at approximately $1.04 billion, marking one of...

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