Tag: Business News
Business Africa
Egypt posts 5% preliminary GDP growth in strong start to 2026
Egypt recorded preliminary economic growth of 5% in the first quarter of 2026, signalling continued resilience despite global economic uncertainty and regional trade disruptions....
Business Africa
Stellantis launches Middle East and Africa’s first vehicle dismantling hub in Morocco
Stellantis has opened the first vehicle dismantling and recycling centre in the Middle East and Africa region in Morocco, marking a major step in...
Business Africa
Heidelberg Materials eyes takeover of South Africa’s 134-year-old cement giant PPC
Germany’s Heidelberg Materials is exploring a potential acquisition of PPC Ltd, a 134-year-old cement producer, as it seeks to expand its footprint across Africa’s...
Business Africa
Saudi ADES expands Africa footprint with $92.7m offshore contract from Seplat
Saudi-based ADES Holding Company has secured a $92.7 million offshore drilling contract from Seplat Energy, marking a further expansion of its presence in Nigeria’s...
Business Africa
Kemet partners with Coinbase to expand institutional crypto derivatives access
New York-based crypto infrastructure startup Kemet, founded by an Egyptian entrepreneur, has partnered with Coinbase to expand institutional access to crypto derivatives, deepening the...
Business Africa
Green Sky Capital secures $500m backing for Egypt SAF plant in aviation fuel push
Qatar-based Green Sky Capital has secured funding for a sustainable aviation fuel (SAF) production facility in Ain Sokhna, Egypt, in a project believed to...
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Africa
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In the narrative of Africa’s development, literacy remains a...