Tag: Business News
Business Africa
Gemcorp hires from Oaktree to deepen push into private credit expansion
Gemcorp Capital has recruited senior talent from Oaktree Capital Management as it accelerates its expansion into private credit, signalling growing competition among asset managers...
Business Africa
Zambia pushes back as U.S. links health funding to minerals access
Zambia has said a proposed U.S. health funding agreement must be separated from negotiations over access to critical minerals, highlighting growing tensions over the...
Business Africa
Oil pares gains as U.S. signals partial reopening of Hormuz shipping route
Global oil prices eased after earlier gains as the United States said two merchant vessels had successfully crossed the Strait of Hormuz, easing fears...
Business Africa
Eni moves to sell 5% stake in Nigeria’s Renaissance JV in continued upstream exit
Eni is in the process of selling its 5% interest in the Renaissance joint venture in Nigeria, marking another step in the broader retreat...
Business Africa
Israel deploys mobile climate lab in Kenya to close Africa’s data gap
Israel has deployed what is described as the world’s first mobile climate laboratory in Kenya, aiming to tackle Africa’s long-standing shortage of reliable environmental...
Business Africa
Nigeria’s non-oil exports gain momentum as trade approaches $1bn milestone in 2026
Nigeria is seeing renewed momentum in its export sector, with non-oil trade nearing the $1 billion mark in early 2026 as diversification efforts begin...
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In the narrative of Africa’s development, literacy remains a...