Oluwatosin Alao

800 Articles

African Development Bank commits $44.8 million to boost Cameroon’s businesses

Cameroon SMEs gain targeted trade finance support under the African Development Bank’s $44.8 million deal with AFG Bank Cameroon.

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De Beers commits $75 million to Botswana’s economic diversification fund

De Beers commits $75 million to Botswana’s diversification fund as the country seeks new industries, jobs and growth beyond diamonds.

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Ghana moves to standardise mining pay ahead of December contractor shift

Ghana moves to protect mining wages and benefits as local contractors prepare to take over operations at major mines by December.

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AXIAN Energy secures $62 million for solar power plant in Côte d’Ivoire

AXIAN Energy secures $62.34 million for a Côte d’Ivoire solar plant, advancing its 2 GW renewable energy target by 2030.

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Tunisia targets bigger clean energy share with 1,600 MW expansion plan

Tunisia plans 1,600 MW of renewable energy projects after power outages and protests, targeting a 16% clean electricity share in 2027.

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Durban’s $59 million beachfront amusement park clears key funding hurdle

Durban’s $59.8 million beachfront amusement park has secured development funding approval, with construction planning expected to continue into 2027.

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Checkers and MediRite lead tenant lineup at new Gqeberha shopping centre

Checkers FreshX and MediRite anchor Gqeberha’s new Village on Circular mall as nearby Walmer Park expands with major retail brands.

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Sierra Leone targets global trade with new 50-ship fleet plan

Sierra Leone launches a Chinese-backed shipping venture targeting a 50-vessel fleet to capture more revenue from imports and exports.

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Shoprite legacy meets luxury tourism at Adrian Basson’s new safari lodge

Hungry Lion CEO Adrian Basson opens Tsholo Safari Lodge, a luxury South African retreat offering Big Five safaris, fine dining and spa experiences.

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De Beers raises 2026 diamond target despite South Africa mine shutdown

De Beers raises its 2026 diamond production target as prices plunge 37%, while Botswana, Namibia and Angola seek a bigger stake in the group.

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Lithium Africa attracts $60 million offer for Northern Cape project

Lithium Africa has received a $60 million offer for its South African Springbok lithium project as it targets production in 2027.

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Eskort names Lactalis executive Herman Janse van Rensburg as new CEO

Eskort names Lactalis executive Herman Janse van Rensburg as CEO, succeeding Arnold Prinsloo after 22 years as the South African food brand targets growth.

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