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Afreximbank backs Chad with $127 million, its largest financing package

Afreximbank Chad financing will fund trade, infrastructure and economic projects as the country seeks to…

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Ethiopia restarts $445 million plan for Africa’s tallest tower
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Tanzania’s biggest bank, NMB, sees $100 million market value increase in first 25 days of 2025
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Sandton Sun & Towers: Johannesburg’s premier luxury hotel reimagined
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Usman ends UFC losing streak, beats Buckley in comeback fight

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Solar panels
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Africa’s solar capacity jumps 54 percent in 2025, led by South Africa and Nigeria

Africa’s solar capacity jumped 54 percent in 2025, driven by South Africa, Nigeria, and Egypt’s rapid installations.

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Copperbelt Energy rewrites Lusaka Securities Exchange record with $1.5 billion milestone

Copperbelt Energy hits $1.5 billion valuation on LuSE, marking Zambia’s…

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South African billionaire Michiel Le Roux-linked firms give $3.4 million to Democratic Alliance

Two firms linked to billionaire Michiel Le Roux gave South…

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JSE lists Benguela EasyETFs fund focused on global AI companies 

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Sue Nabi Coty CEO pay
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Algerian-born French tycoon Sue Nabi’s pay totalled $463.7 million as Coty CEO in 5-year tenure

Algerian-born executive Sue Nabi earned $463.7 million leading Coty over five years, underscoring pay-for-performance as the beauty group rebounded.

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Alcazar Egypt
EnergyLatest

World Bank considers $120 million investment in Egypt’s 580MW Gabal El Zeit wind farm

World Bank’s coprivate sector arm, IFC, considers $120 million financing for Alcazar…

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MCB
BusinessHot News

MCB completes Africa’s first electronic Bill of Exchange after its $1 billion trade commitment 

MCB completes Africa’s first electronic Bill of Exchange transaction, advancing digital trade…

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Choppies Enterprises
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How PwC’s audit delay wiped over $250 million off Choppies’ market value in 2018

PwC’s audit delay erased $253 million in Choppies’ value, exposing governance flaws…

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Bazaruto Archipelago, Mozambique beach
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10 hidden African destinations worth exploring

From Socotra to Lake Malawi, these 10 lesser-known African destinations reward travelers…

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Absa Group CEO, Kenny Fihla
BusinessHot News

Absa eyes Africa expansion as banks push beyond South Africa  

Absa expands across Africa as CEO Kenny Fihla leads growth in East…

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One&Only Cape Town
LuxuryTourism

Why One&Only Cape Town stands out among Africa’s luxury resorts

One&Only Cape Town blends waterfront luxury, fine dining, wellness and Table Mountain…

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Eswatini's Mlilwane Sanctuary Valley Entrance
TourismTravels

Eswatini tourism arrivals rise 9.7% to 868,352 in first nine months of 2026   

International arrivals reached 96,720 in September, a 6.6% increase from 90,772 visitors…

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Cape Town, South Africa's second-largest city.
Hot NewsBusiness

South Africa’s business confidence slips as oil surge, rate hike weigh on companies

Any sustained recovery in confidence will likely depend on a calmer oil…

Omokolade Ajayi Omokolade Ajayi
Wole Oshin Custodian dividend payout
BusinessHot News

Wole Oshin boosts Custodian stake with new shares worth nearly $1 million

Wole Oshin buys nearly $1 million Custodian shares, reinforcing stake after dividend…

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Ethiopian Airlines Group.
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Africa’s top carrier, Ethiopian Airlines, hits $9.1 billion revenue as passenger traffic jumps

The state-owned carrier handled 20.7 million passengers during the 12-month period —…

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