foreign investment Africa Archives

Prosus urges EU to drop forced sale of Delivery Hero stake as Uber eyes $11.6 billion takeover, intensifying Europe food delivery rivalry.

Timilehin Adejumobi May 25, 2026

Eni, Petroci and Vitol approve Baleine Phase 3, boosting Ivory Coast oil and gas output significantly.

Timilehin Adejumobi May 25, 2026

Ladi Jadesimi’s 5.27 percent stake in Aradel has climbed to $295.5 million as shares surge 164 percent in Nigeria’s energy sector rally.

Omokolade Ajayi May 25, 2026

Oriental Weavers reports first-quarter 2026 profit of $17.1 million as revenue rises and exports strengthen amid lower production costs.

Omokolade Ajayi May 25, 2026

Elsewedy Electric and PM Madbouly review expansion plans, including automotive manufacturing, industrial zones and new investments in Egypt.

Timilehin Adejumobi May 25, 2026

Tag: foreign investment Africa