Tag: Business News
Business Africa
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...
Business Africa
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...
Business Africa
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...
Business Africa
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...
Africa
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...
Business Africa
FIFA to hold separate World Cup opening ceremonies across Mexico, Canada and US
FIFA will stage separate opening ceremonies in Mexico, Canada, and the United States during the 2026 FIFA World Cup, marking the first time the...
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Africa
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Africa’s Literacy Champions: The Top 5 Nations Leading the Continent’s Educational Ascent
In the narrative of Africa’s development, literacy remains a...