In Lesotho’s mountains, water has become a significant source of national wealth. The small landlocked country…
Category: Business & Opportunities
Afreximbank Underwrites $2.5bn of $4bn Loan for Dangote Refinery
The African Export-Import Bank (Afreximbank) has sponsored $2.5 billion of Dangote Petroleum Refinery and Petrochemicals’ $4…
Top 10 African Countries With The Highest Diesel Prices in March 2026
Diesel prices have risen significantly in recent weeks as a result of the ongoing Middle East…
South Africa’s Billionaires’ Sons Sell $32 Million in Dis-Chem Shares Amid Ownership Shift
South Africa’s pharmacy billionaires’ sons have sold Dis-Chem shares worth around $32 million, as the founding…
10 African Countries that Earned the Least Money from the United States in 2025
Trade with the United States is one of the most promising foreign market opportunities for various…
Africa’s Largest Refinery Pumps $3.74 Billion in Crude Imports into Nigeria
With crude imports associated with the Dangote Refinery exceeding $3.74 billion in 2025—an unexpected development for…
Why World Bank Banned 3 PwC African Subsidiaries for 21 Months
Due to misbehavior connected to a significant cross-border electricity project between Ethiopia and Kenya, the World…
Ghana to Ban LPG Cylinder Imports to Boost Local Manufacturing
Ghana’s government intends to eventually prohibit the importation of liquefied petroleum gas (LPG) cylinders as it…
Australian Gold Miner Exits Sudan’s Undeveloped Gold Project in $372M Deal
Australian gold company Perseus Mining is exiting Sudan’s mining sector after agreeing to sell its part…
Nigeria to Offer More Power to Togo and ECOWAS Countries
Togo’s growing need for electricity has made it necessary to import more power from Nigeria, a…
Canal+ Stock Plummets as MultiChoice Africa Loses Viewers.
Canal+’s shares plummeted dramatically on Wednesday, March 11, 2026, as the French media conglomerate warned that…
South Africa’s Richest Man, Johann Rupert, Sells Share of Valuable Bank Worth over $200M
Johann Rupert, South Africa’s richest man, recently sold 52 million shares (worth slightly more than $200…
Nigeria’s Abdulsamad Rabiu Becomes Africa’s 3rd Richest Person with a Net Worth of $11.2 Billion
According to Forbes’ 2026 ranking of the continent’s wealthiest, Nigerian billionaire Abdulsamad Rabiu is now Africa’s…
Tanzania Becomes Africa’s Fastest-Growing Mining Investment Hotspot
Tanzania is becoming as one of Africa’s most appealing mining investment destinations, ascending the global ranks…
Angola says China Dominated $21.8billion in Investment Proposals over 5 Years
Angola, Africa’s second-largest oil producer, has received $21.8 billion in investment offers over the last five…
Nigeria, Ethiopia Among Countries to Benefit from Dangote’s $1 billion Plan
Dangote Cement, one of Nigeria’s leading cement manufacturers, plans to invest $1 billion over the next…
Meet The Low-Profile Investor Behind a $9billion Push into Congo’s Cobalt Mines
Some of the most prominent figures in the global mining business keep a low profile. One…
Egyptian Billionaire Sawiris to Step Down as Global Executive Chairman of OCI Global
Nassef Sawiris, the richest man in Egypt, is leaving his position as executive chair of OCI…
Ghana Retains The Top Global Position in Mobile Money Regulation
Ghana has maintained its position as the world’s leading mobile money regulator, cementing its status as…
Dangote Refinery Seals Petrol Deal to Supply 65 Million Litres Daily
Nigeria’s campaign for gasoline self-sufficiency has acquired new steam when the Dangote Petroleum Refinery signed an…
South Africa to Prevent Closure of a 134-Year-Old Sugar Giant with a 2 Million-Ton Milling Capacity
South Africa’s government has intervened in the ongoing problem at Tongaat Hulett, one of the country’s…