Oluwatosin Alao

800 Articles
The European Investment Bank (EIB)
BusinessTechnology

EIB commits $90 million to Egypt solar project, boosting Africa’s clean energy

Egypt’s $650 million Dandara solar project secures $90 million from the EIB to power EgyptAlum and strengthen cleaner aluminium exports.

Oluwatosin Alao Oluwatosin Alao
Stanbic Bank
BusinessBanking

Stanbic Bank Botswana offers 20% stake in $99 million IPO

Stanbic Bank Botswana is offering 20% of its shares for $99.2 million, giving local investors a chance to own part of the bank.

Oluwatosin Alao Oluwatosin Alao
Tanzania, Angola deepen economic ties with four new cooperation deals
BusinessGlobal News

Tanzania, Angola deepen economic ties with four new cooperation deals

Tanzania and Angola sign four cooperation agreements covering aviation, ICT and justice as both countries seek stronger trade and regional connections.

Oluwatosin Alao Oluwatosin Alao
Tanzania turns to Russia for space technology ahead of 2027 satellite launch
TechnologyBusiness

Tanzania turns to Russia for space technology ahead of 2027 satellite launch

Tanzania is partnering with Russia to build its space industry, establish a national space agency and launch its first Earth observation satellite in 2027.

Oluwatosin Alao Oluwatosin Alao
Bank of Mozambique
BusinessGlobal News

Bank of Mozambique eases reserve rules to boost local production and exports

Mozambique’s central bank offers banks reserve relief of up to 110% to finance local production, replace imports and expand exports.

Oluwatosin Alao Oluwatosin Alao
FlySafair airline
BusinessHot News

Harith Aviation secures green light to acquire South Africa’s FlySafair

Harith Aviation wins approval to acquire 100% of FlySafair, South Africa’s biggest domestic airline, with completion expected in late 2026.

Oluwatosin Alao Oluwatosin Alao
Absa Group
BusinessBanking

Absa expands into Dubai to target new business links between Africa and the Gulf

Absa has opened a Dubai office to connect African businesses with Gulf investors as it diversifies earnings and expands cross-border banking.

Oluwatosin Alao Oluwatosin Alao
Gem Resources exits South Africa emerald mine in $1.7 million deal
BusinessGlobal News

Gem Resources exits South Africa emerald mine in $1.7 million deal

Gem Resources is selling its South African emerald mine interest for $1.7 million, with royalties potentially lifting the deal to $2.4 million.

Oluwatosin Alao Oluwatosin Alao
TotalEnergies
BusinessGlobal News

TotalEnergies sells $800 million Nigeria oil stake to Vaaris

TotalEnergies completes an $800 million sale of 15 Nigerian oil licences to Vaaris while retaining interests in three key gas assets.

Oluwatosin Alao Oluwatosin Alao
Ghana targets foreign investment to expand cocoa processing industry
BusinessGlobal News

Ghana targets foreign investment to expand cocoa processing industry

Ghana seeks foreign investment to expand cocoa processing as the country targets 50% local processing and builds on $1.8 billion in export earnings.

Oluwatosin Alao Oluwatosin Alao
Poland’s Rail Industry targets Africa as railway investment expands
BusinessGlobal News

Poland’s Rail Industry targets Africa as railway investment expands

Poland’s rail industry is targeting Africa after a Ghana train deal, with South Africa’s railway modernisation offering new growth opportunities.

Oluwatosin Alao Oluwatosin Alao
ADI Foundation
BusinessTechnology

ADI Foundation and SAGINT join forces to track critical minerals

ADI Foundation and SAGINT are bringing blockchain-based mineral tracking to ADI Chain, targeting Africa’s trade finance gap and improving supply chain verification.

Oluwatosin Alao Oluwatosin Alao