Airtel Africa Renews Tower Lease Agreements with American Tower Corp. for $1.2 Billion

Airtel Africa Plc, the pan-African telecommunications provider and a subsidiary of Bharti Airtel, the telecom giant…

World’s First Green Energy Island Sails Into Cost Storm

At a shipyard on the North Sea, workers in luminiscent vests are building dozens of massive,…

World Bank Expects Oil Glut To Cause Commodity Price Slump

Global commodity prices should fall to a five-year low next year thanks to a huge oil…

Olympus CEO Resigns Over Alleged Illegal Drugs Purchase

The German CEO of major Japanese optical equipment manufacturer Olympus has stepped down after allegedly buying…

Mali Concludes Gold Mine Nationalisation Deal

Junta-ruled Mali has concluded the nationalisation of a gold mine it acquired from South African and…

IMF Predicts Slightly Slower Global Growth In 2024 And 2025

The IMF announced Tuesday that global growth will slow slightly to 3.2 percent this year and…

10 Most Expensive Metal on Earth Beyond Gold

When people think of valuable metals, gold is the first one that springs to mind. For…

Top 5 Most Expensive Artworks Ever Sold

Art has the unique ability to evoke emotions, convey tales, and reflect our culture’s history. Many…

32-Year-Old Son Saves Up for 9 Months to Pay Off His Mom’s Mortgage

André Williams, a 32-year-old from Houston, Texas, just paid off his mother, Tracy’s, mortgage to convey…

Titan Fincap Settles $63.1M Loan With Shoprite Shares Acquisition

Titan Fincap Solutions Limited, which is affiliated with South African billionaire Christo Wiese, has paid R1.1…

SA’s Sibanye Stillwater Ordered to Pay Damages over Failed $1.2 Billion Brazil Mines Deal

Sibanye Stillwater, a worldwide precious metal mining corporation managed by South African executive Neal Froneman, has…

South Africa’s Lighthouse Acquires Mall in Spain for $183.8 Million

Lighthouse Properties, led by South African investor Barry Stuhler, has moved into Europe with the acquisition…

Mauritius’ CIEL Records $109.3 Million Profit in 2024

CIEL Limited, a Mauritanian company owned by businessman Arnaud Dalais, announced strong financial performance in the…

Kenya’s Safaricom Launches M-PESA in Ethiopia, Enhancing Financial Inclusion Across the Region

Safaricom, East Africa’s largest telecom operator led by Kenyan businessman Peter Ndegwa, announced on Monday the…

Aga Khan IV’s Nairobi Jubilee Holdings Investment Sees a $3.4 Million Boost

Shah Karim al-Husayni, popularly known as Aga Khan IV, has experienced a jump in the value…

Egypt’s Raya Holdings Seals $24.7 Million Deal to Fuel Expansion Efforts

Raya Information Technology, a subsidiary of Raya Holding for Financial Investment, the conglomerate owned by Egyptian…

EFG Hermes Completes $9.2M Bond Issuance Advisory for EFG Corp-Solutions

EFG Hermes Holding, a renowned financial services company in the MENA area managed by Egyptian banker…

Madinet Masr and Redcon Partner on $12.4 Million Investment in Egypt

Madinet Masr, a leading real estate developer led by Egyptian businessman Abdallah Sallam, has formed a…

Mauritius’ EAGH to Buy 86.5M I&M Group Shares for $32.4M

East Africa Growth Holding (EAGH), a Mauritius-based investment business, plans to buy 86.5 million new shares…

Ethiopia’s ‘Korale’ Recyclers Turn Waste Into Money

With a tattered bag on his back, Dereje Enigdamekonen trawled the endless alleyways of the Merkato…

Goldman Sachs Profits Up Almost 50% on Higher Advisory Fees

Goldman Sachs announced a profit increase Tuesday due to greater fees for debt underwriting and asset…