Oluwatosin Alao

735 Articles

Ethiopia taps $2.3 million Japan grant to expand rice production

Ethiopia secures a $2.3 million Japan grant to mechanize rice farming as it targets 1.93 million tonnes of paddy production by 2030.

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Shoprite opens 50th Uniq by Checkers clothing store in Cape Town

Shoprite’s Uniq by Checkers has opened its 50th clothing store in South Africa as the retailer expands its fashion business beyond groceries.

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AngloGold Ashanti hit with JSE censure over disclosure timing breach

AngloGold Ashanti faces JSE censure after a 27-minute delay in releasing price-sensitive results, raising concerns over equal investor access.

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Absa becomes first African Bank to offer digital-asset custody

Absa becomes Africa’s first bank to offer digital-asset custody, targeting a $1.5 billion South African crypto market.

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Discovery Bank unveils Superbank for a single digital banking platform

Discovery Bank launches its Superbank as it targets R3 billion profit by 2029 and expands its digital platform across Discovery’s ecosystem.

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Shah Palace Zanzibar: A new luxury escape in East Africa

Shah Palace Zanzibar opens a 50-key luxury resort on Zanzibar’s northeast coast, blending Swahili heritage, oceanfront villas and wellness.

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Checkers brings Xpress smart trolleys to new upmarket South Africa store

Checkers is rolling out Xpress smart trolleys at its new Midstream Estate store, bringing scan-and-go shopping technology to Gauteng shoppers.

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Senegal expands Nokia partnership to boost digital networks and cybersecurity

Senegal expands its Nokia partnership to strengthen digital networks, cybersecurity and public services under its $6.37 million digital infrastructure push.

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Greg Solomon, former McDonald’s South Africa CEO, to lead Pantry by Marble

Greg Solomon, former McDonald’s South Africa CEO, takes charge of Pantry by Marble as the luxury retailer targets new stores and growth beyond Gauteng.

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Spur’s Doppio Zero expands into new restaurant segments with 38 stores

Spur’s Doppio Zero expands to 38 stores as new coffee, bistro and grab-and-go formats target new customers and smaller locations.

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Morocco seeks to boost textile exports in $53 billion German market

Morocco targets a larger share of Germany’s $53 billion textile market as exports reach $764 million and new buyer opportunities emerge.

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Dangote unveils $16 billion refinery plan for Kenya’s growing oil market

Dangote is investing $16 billion in a Kenya refinery designed to reduce East Africa’s fuel imports, create jobs and serve regional markets.

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