South Africa’s Gold Fields will legally relinquish ownership and operation of the Damang mine on April…
Category: Business & Opportunities
Egypt to Launch the Largest Ever Mediterranean Gas Drilling Project
Egypt is planning to launch its largest-ever Mediterranean gas drilling expedition in 2026, which officials say…
Moroccan Billionaire Invests $300M in Luxury Mixed-Use Project in Abidjan
Anas Sefrioui, a Moroccan property mogul, is investing more than MAD 3 billion (about $300 million)…
Africa’s Richest Man Appoints Daughters to Head Crucial Dangote Group Operations
Aliko Dangote, Africa’s richest man, has nominated his daughters to key leadership roles in the Dangote…
Dangote Secures Separate $750m Deals with Chinese and Indian Companies to Expand Refinery
Dangote Group has made tremendous progress in growing its refinery and petrochemical activities, signing two big…
10 African Countries With The Lowest Fuel Prices This Month
With global oil markets moving and domestic currencies increasingly impacting pricing outcomes, low fuel prices provide…
Ghana Could Lose Its Long-Held Position As World’s Second-Largest Cocoa Producer
Ghana’s lengthy output decline and financial hardship in the cocoa business are increasing the likelihood that…
Nigeria Retains Africa’s Top Oil Producer Status
According to the Organization of Petroleum Exporting Countries’ most recent monthly report, Nigeria remains Africa’s greatest…
10 African Countries With The Largest Proven Oil Reserves in 2026
Oil has long been considered one of Africa’s most valuable economic assets. Libya has the greatest…
Angola Aims to Buy 20%-30% Strategic Stake in World’s Leading Diamond Company
Angola is looking to buy a 20%-30% stake in De Beers, the diamond subsidiary being sold…
Dubai-based Firm Invests $1.6 billion in Africa’s AI Data Centres and Farmland
Maser Group, a consumer electronics giant based in Dubai, is making a significant strategic shift into…
South Africa Supports Rare Earths Project with $20 Million
South Africa’s development finance organization has committed $20 million to a domestic rare earths project that…
Burkina Faso Hits Record 94 Tonnes of Gold Output
Burkina Faso’s mining sector performed admirably in 2025, with national gold production reaching a record 94…
Nigeria to Overtake South Africa as Africa’s Top Contributor to Global Growth in 2026
According to the most recent International Monetary Fund (IMF) predictions, Nigeria will become Africa’s biggest contributor…
Top 10 African Countries with the Highest Chinese Loans in the Last 24 Years
According to the Chinese Loans to Africa (CLA) Database, which is maintained by Boston University’s Global…
10 African Countries with the Strongest Currencies 2026
A strong national currency is more than just the value of its exchange rates; it represents…
6 African Billionaires Who Own Luxury Brands Around The World
Africa’s billionaires include an interesting mix of industrialists, financiers, and cultural influencers. Only a few individuals…
Morocco is Set to Open $5.6 Billion Port Hosting Its First Liquefied Natural Gas Terminal
Morocco plans to open its second Mediterranean deepwater port, Nador West Med, in the fourth quarter…
10 African Countries with the Strongest Financial Markets
The year 2025 saw significant changes in the trade policies imposed by major global economies, as…
African Startups Receive $180 Billion from a Small, Rich Island and Gulf Financiers
Africa has emerged as one of the fastest-growing ICT markets in the previous decade, because to…