Tag: Business News
Business Africa
Dangote raises planned Ethiopia fertiliser project to $4bn in major expansion push
Aliko Dangote has expanded plans for his proposed fertiliser plant in Ethiopia to about $4 billion, significantly increasing the scale of one of Africa’s...
Business Africa
Qatari billionaire family targets African infrastructure with Ethiopia airport and Congo road bids
A prominent Qatari billionaire family is pursuing major infrastructure investments in Africa, including bids linked to a new airport project in Ethiopia and a...
Business Africa
S&P upgrades Nigeria’s outlook as reforms strengthen macroeconomic stability
S&P Global Ratings has upgraded Nigeria’s sovereign credit outlook, citing improvements in the country’s macroeconomic profile following a series of fiscal and monetary reforms....
Business Africa
Egypt secures $1.5bn financing support as Middle East tensions threaten food security
Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation to strengthen food and energy security as escalating tensions...
Business Africa
Tinubu and Kagame deepen Nigeria-Rwanda partnership on trade and mobility
Bola Ahmed Tinubu and Paul Kagame have moved to strengthen bilateral relations between Nigeria and Rwanda through expanded cooperation on trade, investment, and cross-border...
Business Africa
Morocco plans $2bn budget boost to cushion economy from Middle East tensions
Morocco is preparing to inject an additional $2 billion into its national budget to help soften the economic impact of escalating conflict in the...
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