Business News
Botswana Moves to Raise De Beers Stake to 25% in Ownership Push
Botswana is nearing an agreement that could increase its stake in diamond giant De Beers to approximately 25%,…
Articles by Goodness Chukwu
Business News
Business News
Shell Sells Nigeria Domestic Gas Business to Vaaris Energy
Shell has agreed to sell its entire stake in Shell Nigeria Gas Group to Nigerian energy company Vaaris…
Market Analysis
Zambia Secures $1.5 Billion IMF Deal to Support Economic Recovery
Zambia has secured a staff-level agreement with the International Monetary Fund (IMF) for a new three-year financing programme…
Corporate Governance
Senegalese Executive Leads $1 Billion Buyout of African Fuel Giant Oryx Energies
Senegalese executive Moussa Diao has led a management buyout of Swiss-based fuel distributor Oryx Energies in a deal…
Business News
Kenya Approves $350 Million Lifeline for Kenya Airways
Kenya’s government has approved $350 million in shareholder financing for Kenya Airways to help the struggling national carrier…
Business News
Elon Musk Reclaims Trillionaire Status as SpaceX and Tesla Rally
Elon Musk has once again crossed the $1 trillion wealth mark, after a strong rise in SpaceX and…
Business News
MNT-Halan Moves to List 20% of Egyptian Business on Cairo Exchange
Egyptian fintech company MNT-Halan is preparing to offer a 20% stake in its local business on the Egyptian…
Business News
Cameroon Secures $391 Million World Bank Backing for Key Trade Corridor
Cameroon has approved a €347.5 million ($390.9 million) World Bank loan to finance the development of the Douala-Bangui…
Market Analysis
South Africa Eyes $8 Billion Refinery Revival to Cut Fuel Import Dependence
South Africa is considering an investment of more than $8 billion to bring two state-owned refineries back into…
Market Analysis
Tanzania Pushes Coffee Waste Commercialization to Boost Industry Earnings
Tanzania is looking beyond coffee exports to unlock more income from the crop, with the Tanzania Coffee Board…