In Lesotho’s mountains, water has become a significant source of national wealth. The small landlocked country…
Category: Featured Posts
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…
University of South Africa Becomes First African University to Own an Airport
The University of South Africa has become the continent’s first postsecondary school to own an airport,…
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…
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…
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…
Rwanda Earns $161 million from Foreign Visitors in 90 Days
Rwanda earned around $161.5 million in revenue from travel services purchased by foreign visitors between November…
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…
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…
Egypt Ranked Among Countries Building The Most Nuclear Reactors
Egypt has emerged as one of the world’s most active nuclear developers, and it is now…
17 African Countries That Signed Trump’s Controversial Health Deals
A significant shift in US global health policy under President Donald Trump has sparked discussion across…
Vodafone Partners with Jeff Bezos’ Amazon Satellite to Connect Masts in Europe and Africa
Vodafone has reached an arrangement with Amazon’s low Earth orbit satellite network, Amazon Leo, to connect…
8 Countries With Fastest Internet in Africa 2026
Africa’s digital landscape is fast changing as governments develop measures to increase internet access and connection.…
Iran Demonstrates Caution with a Missile Limit of 2,000km, Leaving East Africa Out of Range
As the Middle East crisis worsens as a result of coordinated strikes by the US and…