Kenya bets $92.7 million on Mombasa to drive jobs, manufacturing and exports

Kenya is investing $92.7 million in a Mombasa special economic zone expected to create 10,000 jobs and boost manufacturing and exports.

Oluwatosin Alao September 9, 2026

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Egyptian billionaire El-Sewedy family’s electric firm takes 60% stake in Thomassen Service

Elsewedy Electric takes a 60% stake in Thomassen Service, expanding gas turbine maintenance capabilities across the Middle East and Africa.

Feyisayo Ajayi September 9, 2026

Business Hot News

TotalEnergies to invest $10 billion in Angola over 5 years

TotalEnergies will invest $10 billion in Angola over five years to sustain oil output, expand exploration and develop offshore projects with partners.

Feyisayo Ajayi September 9, 2026

Business Hot News

Nigerian gambling magnate Kessington Adebutu’s Wema Bank stake tops $250 million

Kessington Adebutu’s Wema Bank stake tops $250 million after a sharp rise in the lender’s share price.

Timilehin Adejumobi September 9, 2026

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Angola announces new oil discovery with ExxonMobil, Block 15 Partners

Angola’s 20th oil discovery in Block 15 adds to a field that has produced over 2.7 billion barrels as the country seeks to sustain output.

Oluwatosin Alao September 9, 2026

Tag: Maritime logistics

ADNOC L&S buys 11 vessels in $1.3 billion deal to expand shipping fleet

ADNOC L&S spending on bulk carriers nears $74 million with fourth acquisition

Kenya bets $92.7 million on Mombasa to drive jobs, manufacturing and exports

Egyptian billionaire El-Sewedy family’s electric firm takes 60% stake in Thomassen Service

TotalEnergies to invest $10 billion in Angola over 5 years

Nigerian gambling magnate Kessington Adebutu’s Wema Bank stake tops $250 million

Angola announces new oil discovery with ExxonMobil, Block 15 Partners

Kenya bets $92.7 million on Mombasa to drive jobs, manufacturing and exports

Egyptian billionaire El-Sewedy family’s electric firm takes 60% stake in Thomassen Service

TotalEnergies to invest $10 billion in Angola over 5 years

Kenya bets $92.7 million on Mombasa to drive jobs, manufacturing and exports

Egyptian billionaire El-Sewedy family’s electric firm takes 60% stake in Thomassen Service

TotalEnergies to invest $10 billion in Angola over 5 years

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