Tag: Business Africa

Egypt moves to become global grain trading and storage powerhouse

Egypt is intensifying efforts to position itself as a major global grain trading and storage hub as the country seeks to strengthen food security...

Zimbabwe targets $21 billion mineral export surge as mining sector ramps up expansion

Zimbabwe is positioning for a major mining expansion as authorities project mineral exports could reach $21 billion, driven by rising investment in gold, lithium,...

Dangote Refinery fuels Nigeria’s first credit rating upgrade in 14 years

Aliko Dangote’s $20 billion Dangote Refinery has emerged as a major factor behind Nigeria’s first sovereign credit rating upgrade in 14 years, highlighting the...

Nigeria prepares biggest telecom overhaul in two decades amid digital economy pressures

Nigeria is preparing its most far-reaching telecommunications reform in more than 20 years as authorities respond to worsening network outages, rising internet demand, infrastructure...

Guinea secures $1 billion Chalco refinery deal in major industrialisation push

Guinea has received a major boost to its industrialisation ambitions after Aluminum Corporation of China (Chalco) agreed to invest $1 billion in a new...

Richemont overtakes Walmart in North America jewellery market despite far smaller store network

Luxury group Compagnie Financière Richemont, backed by South African billionaire Johann Rupert, has overtaken Walmart in North America’s jewellery market despite operating only about...

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