Morocco’s phosphate boom helps shield economy from global slowdown

Morocco's phosphate sector is helping steady the country's economy at a time when slowing global growth and rising energy prices are putting pressure on many nations. A new World Bank Global Economic Prospects report forecasts world economic growth will slow from 2.9 percent in 2025 to 2.5 percent in 2026 before improving slightly in the following years. Ongoing tensions in…

Oluwatosin Alao June 13, 2026

Business Global News

Zimbabwe’s biggest gold producer eyes massive expansion from $4.61 billion

Zimbabwe's largest gold producer is preparing for a major expansion as the country seeks to build on record earnings from gold exports, one of the biggest drivers of its economy. The state-owned miner, backed by the Mutapa Investment Fund, plans to lift annual output to more than 400,000 ounces from current production of about 220,000 ounces. The push comes after…

Oluwatosin Alao June 12, 2026

Luxury Billionaires Hot News

Egypt’s richest man follows $400M gold push with $115M Greek resort

Egyptian billionaire Naguib Sawiris follows a $400 million gold hedge with a new $115.7 million luxury resort on the Mediterranean island of Mykonos.

Omokolade Ajayi June 12, 2026

San Francisco-based giant Uber Technologies Inc

Technology Business Hot News

Uber eyes Delivery Hero takeover as Prosus gains time to defend stake

As Prosus wins more time for its Delivery Hero stake sale, Uber is pursuing a full takeover of the German food delivery firm to expand its global market.

Omokolade Ajayi June 12, 2026