Africa

The Democratic Republic of Congo (DRC) has announced plans to issue its first-ever Eurobond, raising $750 million as part of...

The government of Ivory Coast has announced plans to purchase the full stock of cocoa held by the country’s cooperatives...

The Bank of Ghana has announced plans for a deeper review of its Domestic Gold Purchase Programme, while reaffirming the...

Lakshmi Mittal, the Indian billionaire who built ArcelorMittal into the world's largest steelmaker, is reconsidering his company's involvement in South...

Mohamed Hassan Bensalah's Holmarcom Group has sold Biscoland, a Moroccan biscuit and chocolate maker, to Spanish food group Adam Foods...

Tanzanian billionaire Edha Nahdi's Amsons Group is set to inject $201.7 million into East Africa Portland Cement, aiming to quadruple...

Shoprite Holdings, Africa’s largest retailer and partly owned by South African billionaire Christo Wiese, has reached a major milestone: the...

Ugandan property billionaire Sudhir Ruparelia has launched the next phase of his Kingdom Kampala complex, a 21-storey tower featuring a...

In a decisive move that underscores the growing friction between African financial institutions and global credit assessors, the African Export-Import...

Kenyan billionaire Rasik Kantaria's stake in FMB Capital Holdings Plc has fallen below the $1 billion mark, just weeks after...