Tag: Business News

Trump and Xi prepare for high-stakes talks spanning Iran, trade, nuclear security and AI 

Donald Trump and Xi Jinping are set for a major summit in Beijing this week, with discussions expected to cover the Iran conflict, nuclear...

AfDB approves $61m financing package for women-led businesses in Nigeria

African Development Bank has approved a $61 million financing package aimed at supporting women-led businesses in Nigeria, as part of broader efforts to expand...

Norway’s sovereign wealth fund explores partnership with Dangote for Africa investments

Norway’s sovereign wealth fund is considering a potential partnership to expand investment exposure across Africa, signalling growing international interest in the continent’s industrial and...

Prosus sells 5% Delivery Hero stake to activist investor in strategic reshuffle

Prosus has sold a 5% stake in Delivery Hero to activist investment firm Sachem Head Capital Management, marking a significant shift in the ownership...

Dangote moves ahead with plans for $17bn Kenya refinery to reshape East Africa’s energy market

Aliko Dangote is advancing plans to build a massive oil refinery in Kenya valued between $15 billion and $17 billion, in a move that...

Vodacom posts 22.9% profit jump as African operations drive growth

Vodacom reported a 22.9% rise in full-year profit, supported by strong performance across its African markets and continued growth in digital financial services. The...

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