Eni invites companies to bid for major contracts in Mozambique energy projects

Eni urges Mozambique companies to improve competitiveness as LNG projects worth billions create new opportunities across the energy sector.

Oluwatosin Alao July 16, 2026

Business Hot News

BUA plans production expansion after declaring $366 million dividend

BUA Foods production expansion plans follow a $366 million dividend payout as the company targets bigger food manufacturing capacity.

Timilehin Adejumobi July 16, 2026

Business Hot News

Dutch court blocks Glencore’s bid to buy back logistics unit at discount

Glencore Access World buyback deal blocked by Dutch court over valuation concerns and private sale process dispute.

Timilehin Adejumobi July 16, 2026

Business Hot News

BYD eyes South Africa battery plant as EV push gains pace across Africa

BYD is exploring a South Africa battery plant as it expands EV sales, dealership growth and local manufacturing backed by new financing and policy support.

Oluwatosin Alao July 16, 2026

Business Hot News

Standard Bank backs Temitope Lawani’s Helios Towers with $29 million

Standard Bank backs Helios Towers with a $29 million social finance deal to expand telecom infrastructure and boost digital connectivity across Africa.