Tag: Business Africa

Egypt Inaugurates Industrial Complex, Advances Plans for €25–40 Million Railway Wagon Factory

Egypt has inaugurated a major industrial complex as part of its broader strategy to localize manufacturing and strengthen its position as a regional transportation...

U.S. weighs buying Chagos Islands as strategic Diego Garcia base remains at center of dispute

The White House is considering a proposal to purchase the Chagos Islands from Mauritius, according to a report by The Telegraph and CNBC Africa,...

South Africa’s Omnia posts 21% profit surge, rewards shareholders with higher dividend

South African fertiliser and chemicals producer Omnia Holdings reported a strong financial performance for the year ended March 31, 2026, with headline earnings per...

Netflix names longtime director Jay Hoag chairman as Reed Hastings exits board

Netflix has appointed longtime board member and venture capitalist Jay Hoag as chairman, succeeding co-founder Reed Hastings, who has officially stepped down from the...

WHO launches $518 million plan to combat Africa’s growing Ebola outbreak

The World Health Organization (WHO) and the Africa Centres for Disease Control and Prevention (Africa CDC) have launched a joint $518 million continental response...

Eskom secures LNG supply deal for planned 3,000 MW Richards Bay power project

South Africa’s state-owned power utility, Eskom, has signed a long-term liquefied natural gas (LNG) agreement with the Zululand Energy Terminal (ZET), a key step...

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