Tag: Business News

Business Africa

South African Rand Weakens Further as Investors Await Rate Decision and U.S. Tariff Outcome

Photo Credit: Corporate Finance Institute

Business Africa

Going Local Will Ease Housing Deficit – Thierno-Habib Hann, CEO of Shelter Afrique Development Bank

The Chief Executive Officer of Shelter Afrique Development Bank (ShafDB), Thierno-Habib Hann, has reiterated that addressing Africa’s housing crisis requires a deliberate shift toward...

Business Africa

Diageo Considers Multibillion-Shilling Exit from EABL in Major Africa Strategy Shift

Global beverage conglomerate Diageo Plc is evaluating the sale of its 65% stake in East African Breweries Limited (EABL), a move that could fetch...

Business Africa

Ghana Ditches $1.2 Billion Bauxite Deal, Seeks Global Investors for Untapped Mineral Reserve

The Government of Ghana has formally cancelled a $1.2 billion bauxite mining agreement with local firm Rocksure International, pivoting instead to attract global partners...

Business Africa

UK Grants Duty-Free Access to 3,500 Nigerian Products Under Enhanced Trade Scheme

The United Kingdom has officially granted duty-free access to over 3,500 Nigerian products, under the Developing Countries Trading Scheme (DCTS), in a move aimed...

Business Africa

Senegal Becomes Fourth African Nation to Sign NASA’s Artemis Accords

Senegal has officially become the fourth African country to sign the Artemis Accords, joining Nigeria, Rwanda, and Angola in aligning with the U.S.-led framework...

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