Oluwatosin Alao

672 Articles

FNB, Optasia launch cash and airtime advances for African customers

FNB and Optasia launch cash and airtime advances, giving South African customers up to $30.72 through FNB’s eWallet platform.

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Ethiopian Airlines launches daily direct flights linking Durban and Addis Ababa

Ethiopian Airlines will launch daily Durban-Addis Ababa flights in December, expanding King Shaka’s international network to eight routes.

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Pepco targets Africa to diversify manufacturing and supply chains

Pepco Group is exploring Africa for new manufacturing hubs as supply-chain risks push the Polish retailer to reduce its reliance on Asian production.

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Ghana unveils $4 billion plan to transform Accra-Kumasi road link

Ghana has secured $2 billion for its $4 billion Accra-Kumasi motorway and targets full construction by the end of 2026.

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World Bank’s Banga pushes G20 to fast-track Senegal’s debt restructuring

Senegal is seeking a faster G20 debt restructuring as World Bank President Ajay Banga backs President Faye’s push to reorganize its debt.

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India eyes Nigerian oil as It targets $15 billion trade revival

India is pushing to revive Nigerian crude purchases as both countries seek to rebuild bilateral trade from $7.13 billion toward its $15 billion peak.

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South Africa’s Sasol signs fuel deal for polar flights

Sasol signs Africa’s first commercial SAF supply deal with White Desert, powering Antarctica flights as South Africa expands sustainable aviation fuel.

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Afreximbank targets $5.18 billion in Angola oil and gas opportunities

Afreximbank is targeting $5.18 billion in Angola oil and gas projects as the country pushes for greater local ownership and investment.

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Seychelles, Mauritius deepen economic ties beyond trade

Seychelles and Mauritius are expanding economic ties into investment, fisheries, agriculture and services as bilateral trade remains modest.

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Woolworths expands food business with new NOW NOW outlet in South Africa

Woolworths expands its NOW NOW food business with a new Somerset Mall outlet, taking its fast-casual concept to 10 dedicated locations in South Africa.

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Glencore eyes alumina, energy investments in Guinea after $300 million bauxite deal

Glencore eyes alumina and energy investments in Guinea after signing a more than $300 million bauxite financing and offtake deal.

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Malaysia eyes stronger Ethiopia ties with proposed embassy in Addis Ababa

Malaysia and Ethiopia are deepening economic ties as trade grows and both countries target agriculture, digital services, energy and tourism.

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