Tag: Business News
Business Africa
Morocco explores undersea link to Portugal as Africa seeks new trade corridors
Morocco and Portugal are considering a proposed undersea highway tunnel that would directly connect the two countries, offering Africa an alternative trade route amid...
Business Africa
Nigerian stocks surge nearly 4%, extending 2026 rally beyond 50%
Nigerian Exchange Limited equities jumped close to 4% in a single trading session, pushing year-to-date gains past the 50% mark and reinforcing one of...
Business Africa
Google Cloud outpaces rivals as AI demand drives Big Tech earnings beat
Google has reported stronger-than-expected growth in its cloud division, outpacing rivals Microsoft and Amazon as surging demand for artificial intelligence services boosts revenue across...
Business Africa
AFC mobilises global lenders including Citi to finance Lobito corridor project
Africa Finance Corporation is lining up a consortium of regional and international lenders, including Citigroup, to finance the strategic Lobito Corridor project, underscoring rising...
Business Africa
South Sudan to end Oranto Petroleum’s Block B3 licence in sector reset
South Sudan has said it will not renew the exploration licence held by Oranto Petroleum for Block B3, signalling a shift in how the...
Business Africa
Gabon to audit public debt after securing $150m World Bank support package
Gabon has announced plans to conduct a comprehensive audit of its public debt following the signing of a $150 million financing agreement with the...
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Africa’s Literacy Champions: The Top 5 Nations Leading the Continent’s Educational Ascent
In the narrative of Africa’s development, literacy remains a...