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South African pharma giant Aspen hit by mRNA contract loss

South African pharma giant Aspen reports weaker results after mRNA contract loss, with commercial growth and debt reduction plans underway.

Omokolade Ajayi March 4, 2026

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Ex-Steinhoff legal chief in Markus Jooste Scandal hit with $22 million fine

South Africa’s FSCA fines former Steinhoff executive Stehan Grobler $22 million over false financial statements.

Feyisayo Ajayi March 4, 2026

Roscan Gold management at Kandiolé project in Mali

Canadian Miners in Africa

Canadian miner Roscan to invest $219 million in Mali’s Kandiolé gold project

Canadian miner Roscan Gold Corp. plans to invest $218.7 million to develop a new gold mine at its Kandiolé project in western Mali.

Timilehin Adejumobi March 4, 2026

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Nedbank raises cash offer to $245 million in $856 million NCBA takeover bid

Nedbank lifts cash offer to $245 million in $856 million bid for 66% of NCBA, boosting flexibility for shareholders in cross-border deal.

Feyisayo Ajayi March 4, 2026

Adrian Gore

Discovery CEO Adrian Gore says South Africa at critical turning point

Discovery CEO Adrian Gore says South Africa has reached a decisive moment.

Timilehin Adejumobi March 4, 2026

World Bank funding for Egypt Housing plan to hit $1 billion by 2026

Ajay Banga

World Bank expands Egypt affordable housing fund to $1 billion

Egypt is expanding its push to provide affordable housing, backed by deeper support from the World Bank Group. The lender is increasing its total financing for the government’s “Housing for All Egyptians” program to $1 billion, reinforcing a project that has helped reshape the country’s mortgage market over the past decade. The additional funding comes as demand for low-cost housing continues to rise in a country of more than 100 million people. Rapid urban growth and higher construction costs have…