Tag: Empire magazine
Business Africa
Shell quarterly profit jumps 19% as oil price surge lifts earnings
Shell reported a 19% rise in quarterly net profit as higher oil and gas prices, driven by escalating geopolitical tensions in the Middle East,...
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,...
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...
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