Tag: Business News
Business Africa
Kenyan exporters gain momentum as China approves new zero-tariff shipments
Kenya has received a fresh trade boost after China cleared additional Kenyan exports under its new zero-tariff access policy, expanding opportunities for East Africa’s...
Business Africa
Zimbabwe pays $146m to foreign farmers as land reform compensation gains momentum
Zimbabwe has begun compensating foreign farmers with payments totalling $146 million while returning 67 previously seized farms, marking a major step in efforts to...
Business Africa
Dangote Group explores new dollar bond sales to finance expansion drive
Aliko Dangote’s conglomerate is considering additional U.S. dollar bond issuances as it seeks fresh capital to support expansion projects across energy, manufacturing, and infrastructure....
Business Africa
Kenya joins Africa’s oil producers with first output milestone of 20,000 bpd
Kenya has officially entered the ranks of Africa’s oil-producing nations after recording its first commercial crude output of 20,000 barrels per day, marking a...
Business Africa
Naguib Sawiris and Ben Ammar sell Prima TV multiplex in Italy for €2.5m
Naguib Sawiris and Tarak Ben Ammar have sold Prima TV’s digital terrestrial television multiplex in Italy to Syes for about €2.5 million, marking their...
Business Africa
Safaricom posts 59% surge in annual pretax profit on strong fintech growth
Safaricom reported a 59% jump in annual pretax earnings, driven by strong growth in its mobile money business and expanding digital services. The performance,...
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