Tag: Business News

Nigeria seeks associate membership in International Energy Agency

Nigeria has formally requested associate member status in the International Energy Agency as Africa’s largest oil producer looks to deepen international energy cooperation and...

Airtel posts stronger profit as premium subscribers and Africa operations drive growth

Airtel reported a rise in profit driven by higher-paying subscriber upgrades in India and continued strong performance from its African business operations. The results...

Libya targets Ras Lanuf refinery restart within one year, NOC says

Libya is aiming to restart operations at the Ras Lanuf oil refinery within the next year as the country moves to revive critical energy...

Egypt secures $1.5bn ITFC financing deal to strengthen food and energy security

Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation to support the country’s food and energy security programmes...

FirstRand hires BofA and RMB to advise on potential sale of Aldermore

FirstRand has appointed Bank of America and Rand Merchant Bank to advise on a potential sale of its UK-based lender Aldermore, according to reports...

Uganda plans first sovereign sukuk to finance strategic railway expansion

Uganda is preparing to issue its first sovereign sukuk as the government seeks alternative financing to support a major railway infrastructure project aimed at...

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