Tag: Business News

British Miner Uncovers Graphite Deposit in Uganda Amid US–China EV Battery Minerals Race

Blencowe Resources, a British mining firm, has discovered a significant graphite deposit at its Orom‑Cross project in Uganda, highlighting the country’s growing role in...

Dangote Fertilizer Sees Surge in Orders Amid Iran Conflict Disruptions

Dangote Fertilizer Ltd, one of Africa’s largest producers of urea and ammonia, is experiencing a sharp rise in orders as the ongoing conflict involving...

Mercedes Considers Sharing South Africa Factory With China’s GWM

Mercedes-Benz Group is exploring the possibility of sharing its vehicle manufacturing plant in East London, South Africa, with Chinese automaker Great Wall Motor (GWM),...

Kenya to Channel Pipeline IPO Proceeds Into Expansion of Main Airport

The government of Kenya plans to allocate part of the proceeds from the initial public offering of Kenya Pipeline Company to support the expansion...

Absa Posts 12% Rise in Annual Earnings on Improved Credit Performance

Absa Group, one of the largest banking groups in South Africa, reported a 12 percent increase in full-year headline earnings, supported by lower credit...

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