Africa

The International Monetary Fund has approved Ghana’s fifth review under its IMF-supported programme, unlocking an immediate disbursement of approximately $385...

Tanzanian tycoon Edha Nahdi has taken a decisive step to reshape Kenya’s cement industry, committing $250 million to the construction...

Egyptian billionaire Ahmed Ezz has added an estimated $201 million to his wealth in 2025, buoyed by a sharp rise...

Glencore Plc, under the leadership of South African mining executive Gary Nagle, has secured full ownership of the undeveloped Quechua...

Egyptian billionaire Naguib Sawiris has set his sights on the country’s aviation sector, saying he plans to bid for the...

Rwanda-backed M23 rebels have said they will withdraw from the eastern Congolese town of Uvira, citing a request from the...

Gold mining companies operating in the Ivory Coast have begun paying a new flat royalty of 8 percent on revenue,...

Ghana’s oil export earnings fell sharply in 2025, reflecting the combined impact of weaker global crude prices and a sustained...

Etana Energy, a South African renewable energy trading company led by clean energy executive Evan Rice, has signed a long-term...

Hassan Allam Construction, a subsidiary of the privately owned Hassan Allam Holding, has secured a landmark $250 million contract to...