Kenyan billionaire Narendra Raval is preparing to expand his industrial footprint with a new cement plant in Kitui County, a…
Business News
Egypt has signed a landmark 11 trillion Egyptian pound ($202 billion) agreement with Talaat Moustafa Group Holding (TMG)…
Business News
Kenya’s economy grew by 5.1% year-on-year in the second quarter of 2026, accelerating from 4.9% in the corresponding…
Business News
Angola’s spending on fuel subsidies could reach 3.8 trillion kwanzas ($4.16 billion) in 2026, nearly double the government’s…
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Uganda’s foreign exchange reserves climbed 56% to $6.7 billion in the year to June, strengthening the country’s external…
Business News
An African mining dispute involving Egyptian billionaire Naguib Sawiris has advanced to a key arbitration stage, with graphite…
Business News
Tanzania is close to finalising a $42 billion liquefied natural gas (LNG) investment deal that could transform its…
Business News
Botswana is nearing an agreement that could increase its stake in diamond giant De Beers to approximately 25%,…
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Shell has agreed to sell its entire stake in Shell Nigeria Gas Group to Nigerian energy company Vaaris…
Business News
Kenya’s government has approved $350 million in shareholder financing for Kenya Airways to help the struggling national carrier…