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African ports miss out as Hormuz disruption reroutes shipping via Cape routes

African ports see minimal gains as Hormuz tensions divert global…

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Saul Saltzman, son of Dis-Chem founders, resigns from board

Saul Saltzman resigns from Dis-Chem board as the pharmacy retailer…

Business
Tanzania targets tea and key crops to boost farming in Southern Highlands

Tanzania targets tea farming and key crops in the Southern…

Business
Nissan unveils Tekton SUV in South Africa after Rosslyn plant sale

Nissan Tekton South Africa enters a new import era after…

Business
South Africa’s Hulamin sells extrusions unit following net loss of $2.2 million

Hulamin to sell loss-making extrusions unit for over half a…

Business

10 Africa’s biggest firm supporting sports

Africa’s sports economy is rising fast as major firms boost sponsorships, youth development, media rights and cross-border partnerships.

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Glencore faces $2 billion lawsuit after cutting ties with iron ore partner

The counterpunch marks an acrimonious split between two commodity players that spent…

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Dangote offers 30% stake in new $16 billion refinery to East African nations  

David Ndii, Kenyan President William Ruto’s economic adviser, disclosed the offer Thursday…

Timilehin Adejumobi Timilehin Adejumobi

Newlyn Group secures $305 million Absa CIB backing to expand Africa projects

Newlyn Group wins $305 million Absa CIB financing to accelerate logistics infrastructure…

Timilehin Adejumobi Timilehin Adejumobi

Nigerian Pastor Jerry Eze takes board role at Tony Elumelu’s Heirs Life

Pastor Jerry Eze is the founder of Streams of Joy International Ministry.

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Nassef Sawiris’ private firm in Cyprus moves forward with $4.7-per-share offer for OCI Global

Nassef Sawiris’ Cyprus-based firm advances $4.7-per-share bid for OCI Global, signaling progress…

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Kenya’s Jambojet expands in Africa with first Ghana airline maintenance deal

Jambojet Ghana maintenance deal signals a new era for African aircraft maintenance…

Timilehin Adejumobi Timilehin Adejumobi

BP expands Africa energy footprint with offshore discovery in Namibia

BP strengthens oil strategy with fresh Namibia gas discovery.

Timilehin Adejumobi Timilehin Adejumobi

Bram Fischer mall in Johannesburg heads to auction next week

Johannesburg’s Bram Fischer Shopping Centre heads to auction with 96% occupancy, offering…

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Mantengu acquires Blue Ridge Platinum in strategic pivot to PGM sector

Mantengu Mining acquires Blue Ridge Platinum for $170 million, marking its strategic…

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Aliko Dangote’s refinery becomes key as Europe, Africa face fuel supply strain

The Nigerian billionaire’s facility, which produces 650,000 barrels per day, has drawn…

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