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Meliá Hotels expands in Tunisia with five new resorts by 2030

Meliá Hotels International is stepping up its expansion in the Mediterranean with a new push into Tunisia, as demand grows for high-end, sustainable travel across North Africa.  The Spanish hotel group plans to operate five resorts in Tunisia through a partnership with Management Hospitality Group, with a target of about 3,000 rooms by 2030. The investment signals confidence in Tunisia’s…

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Egypt, Jordan boost SME support, deepen trade ties across region

Egypt and Jordan are stepping up efforts to support small…

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Merali family’s Sameer Africa moves to close $7.1 million land sale to settle legacy gaps

Sameer Africa advances $7.1 million land sale to unlock value,…

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Nigeria’s debut of Cawthorne crude export exposes tension between NNPCL, Dangote refining model

Nigeria’s first Cawthorne crude export to Europe exposes tension between…

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South Africa cuts Eskom tariffs to revive chrome jobs, boost $4.77 billion exports

South Africa cuts Eskom tariffs for ferrochrome, aiming to restore…

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Nigeria’s CAP Plc crosses $1 million Q1 profit mark for the first time, under Folasope Aiyesimoju

Nigeria’s CAP Plc crossed $1M Q1 2026 profit for first…

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Apollo Agriculture gets $2.1 million to finance 24,000 Kenyan farmers

Apollo Agriculture secures $2.1 million in local currency debt to fund 24,000…

Feyisayo Ajayi Feyisayo Ajayi

Gabon’s SAMB’A expands Microinsurance business into Cameroon

Gabon’s Samb’a targets Cameroon’s $511.15 million insurance market with microinsurance products starting…

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Standard Bank expands cashless branches as digital banking surges      

Standard Bank expands to 234 cashless branches as digital banking rises, cutting…

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Kenya’s NSE partners with Tether to advance digital asset training

Kenya’s capital markets are moving deeper into blockchain as NSE and Tether…

Timilehin Adejumobi Timilehin Adejumobi

China’s Jasan Group breaks ground on $117 million textile complex in Egypt

Jasan Group is investing $117 million in an Egyptian textile complex as…

Timilehin Adejumobi Timilehin Adejumobi

Vukile targets more Spain, South Africa deals after $127 million Berceo mall buy

Vukile expands in Spain and South Africa after $127 million Berceo mall…

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GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

Despite the dip in quarterly profit, the group’s financial position strengthened. Total…

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Mitsubishi Electric boosts South African market with major investment

Mitsubishi Electric invests in South Africa’s green cooling market.

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Italian energy giant Eni, commits $8 billion to Egypt’s energy sector over five years

Eni commits $8 billion to Egypt to boost oil and gas output,…

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KCB Bank Kenya secures $150 million to deepen green finance push

Kenya’s KCB Bank secures $150 million from AfDB to strengthen capital and…

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