Tag: Business News
Business Africa
Glencore to Purchase Nearly $115 Million in Cobalt From Industry Veteran Weisfisch
Global commodities trader Glencore has agreed to buy almost 2,000 metric tons of cobalt from veteran metals trader Rami Weisfisch, in a transaction valued...
Business Africa
Nigeria to Launch New Crude Grade Exports in March, Boosting Output
Nigeria will begin exporting a new light sweet crude grade, Cawthorne, in March 2026 as part of efforts to strengthen production capacity and expand...
Business Africa
Google to Build Minnesota Data Center Powered by New Solar, Wind and Battery Storage
Google has unveiled plans to develop a major new data center in Pine Island, Minnesota, alongside a large-scale clean energy package that includes wind,...
Business Africa
Nigeria’s Central Bank Delivers Modest Rate Cut to Restart Easing Cycle
The Central Bank of Nigeria has reduced its benchmark Monetary Policy Rate (MPR) by 50 basis points to 26.5 percent, marking a cautious return...
Business Africa
Turkey Intensifies Africa Engagement With Push Into Oil and Spaceports
Turkey is expanding its strategic and economic footprint across Africa, focusing on energy exploration and aerospace initiatives, according to reporting by Bloomberg.Central to Turkey’s...
Business Africa
Nigeria Opens Negotiations for $5.7 Billion Chinese Investment in Power and Mining
Nigeria has commenced discussions with Chinese investors to secure up to $5.7 billion in strategic funding aimed at developing the country’s power generation, mining,...
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