Tag: Business News
Business Africa
Heidelberg Materials eyes takeover of South Africa’s 134-year-old cement giant PPC
Germany’s Heidelberg Materials is exploring a potential acquisition of PPC Ltd, a 134-year-old cement producer, as it seeks to expand its footprint across Africa’s...
Business Africa
Saudi ADES expands Africa footprint with $92.7m offshore contract from Seplat
Saudi-based ADES Holding Company has secured a $92.7 million offshore drilling contract from Seplat Energy, marking a further expansion of its presence in Nigeria’s...
Business Africa
Kemet partners with Coinbase to expand institutional crypto derivatives access
New York-based crypto infrastructure startup Kemet, founded by an Egyptian entrepreneur, has partnered with Coinbase to expand institutional access to crypto derivatives, deepening the...
Business Africa
Green Sky Capital secures $500m backing for Egypt SAF plant in aviation fuel push
Qatar-based Green Sky Capital has secured funding for a sustainable aviation fuel (SAF) production facility in Ain Sokhna, Egypt, in a project believed to...
Business Africa
Mozambique eyes mining boom with 15% stake push and export ban strategy
Mozambique is positioning itself to capture greater value from its mineral resources by introducing a 15% mandatory state stake in major mining projects and...
Business Africa
Samsung crosses $1 trillion valuation as AI boom fuels historic stock rally
Samsung Electronics has surpassed a $1 trillion market valuation for the first time, driven by a powerful rally in semiconductor stocks linked to surging...
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