Tag: Business News
Business Africa
Huayou Cobalt moves on $210m takeover of Africa-focused lithium miner
Huayou Cobalt is set to acquire an Africa-focused lithium mining company in a deal valued at about $210 million, reinforcing China’s aggressive push to...
Business Africa
Cevital launches $600m sugar beet project as Algeria pushes food security drive
Issad Rebrab’s conglomerate Cevital has launched a $600 million sugar beet project aimed at boosting domestic sugar production and reducing Algeria’s dependence on imports....
Business Africa
Fitch upgrades Ghana as reforms strengthen fiscal outlook and investor confidence
Ghana has received a credit rating upgrade from Fitch Ratings following stronger fiscal reforms, improving economic indicators, and renewed progress in debt restructuring efforts....
Business Africa
S&P 500 and Nasdaq hit fresh records as AI rally and earnings optimism fuel Wall Street
S&P 500 and Nasdaq Composite climbed to new record highs as investor enthusiasm around artificial intelligence and stronger-than-expected corporate earnings continued to drive gains...
Business Africa
Algeria seals $1bn oil agreement as North Africa intensifies energy expansion
Algeria has signed a $1 billion oil agreement as North African producers accelerate efforts to capture a larger share of the global energy market...
Business Africa
Dangote prepares $10bn cement empire for potential London market debut
Aliko Dangote is positioning his cement business for a possible listing on the London market, a move that could place one of Africa’s largest...
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