Tag: Africa business

Seychelles, Mauritius deepen economic ties beyond trade
BusinessGlobal News

Seychelles, Mauritius deepen economic ties beyond trade

Seychelles and Mauritius are expanding economic ties into investment, fisheries, agriculture and services as bilateral trade remains modest.

Oluwatosin Alao Oluwatosin Alao
Malaysia eyes stronger Ethiopia ties with proposed embassy in Addis Ababa
BusinessGlobal News

Malaysia eyes stronger Ethiopia ties with proposed embassy in Addis Ababa

Malaysia and Ethiopia are deepening economic ties as trade grows and both countries target agriculture, digital services, energy and tourism.

Oluwatosin Alao Oluwatosin Alao
Transnet seeks Private partners to revive 9,098km of South Africa rail
BusinessHot News

Transnet seeks Private partners to revive 9,098km of South Africa rail

Transnet seeks private partners to revive 9,098km of South Africa’s rail network as the government pushes to improve freight logistics and capacity.

Oluwatosin Alao Oluwatosin Alao
Renewable Energy
BusinessHot News

South Africa secures Chinese backing for $122 billion energy expansion

South Africa Energy Expansion wins Chinese backing for a $122 billion power, renewable energy and grid investment through 2039.

Timilehin Adejumobi Timilehin Adejumobi
CBZ-bank
BusinessHot News

Zimbabwe’s CBZ Bank secures $190 million Afreximbank funding boost

CBZ Bank Afreximbank funding reaches $190 million, boosting Zimbabwe trade finance, SMEs and energy projects to fuel economic growth.

Timilehin Adejumobi Timilehin Adejumobi
Equity Group Headquarters
BusinessHot News

Equity Group, AMREF University partner to train Africa’s healthcare entrepreneurs

Equity Group and AMREF University expand Africa healthcare entrepreneurship through education, innovation, financing and research.

Timilehin Adejumobi Timilehin Adejumobi
Afreximbank
BusinessEntertainment

Afreximbank bets $1 billion on Africa’s booming film and creative economy

Afreximbank $1 billion film fund targets Africa’s creative economy with financing for studios, filmmakers and global entertainment growth.

Timilehin Adejumobi Timilehin Adejumobi
Tanzania strengthens gold reserves as Central Bank buys 28 tons
BusinessGlobal News

Tanzania strengthens gold reserves as Central Bank buys 28 tons

Tanzania's central bank bought 28 metric tons of gold to strengthen foreign reserves, support the shilling and bolster long-term economic stability.

Oluwatosin Alao Oluwatosin Alao
ADNOC
BusinessHot News

ADNOC Distribution expands in Africa with $1 billion Shell South Africa deal

ADNOC Distribution Shell South Africa deal expands its African footprint through a $1 billion acquisition of Shell's fuel business.

Timilehin Adejumobi Timilehin Adejumobi
Morocco's phosphate boom
BusinessGlobal News

Morocco’s phosphate boom helps shield economy from global slowdown

Morocco's phosphate sector helps offset rising energy costs as OCP expands production amid a global slowdown.

Oluwatosin Alao Oluwatosin Alao
The SPAR
BusinessHot News

South Africa’s SPAR exits UK market in $17.4 million disposal deal

SPAR Group exits UK in $17.4 million disposal, selling 71 stores as it shifts focus to Africa and Ireland, cutting debt and restructuring.

Timilehin Adejumobi Timilehin Adejumobi
EU and EBRD launch a $30.5 million financing facility in Côte d’Ivoire
BusinessHot News

EU, EBRD roll out $30.5 million facility to support SMEs in Côte d’Ivoire 

EU and EBRD launch a $30.5 million financing facility to boost SME access to credit in Côte d’Ivoire, supporting jobs and economic growth.

Timilehin Adejumobi Timilehin Adejumobi