- Varun Beverages Ltd., controlled by Indian billionaire Ravi Jaipuria, has completed its acquisition of South Africa’s Twizza in a deal valued at $125…
- Global data centre operator Equinix Inc. is expanding in South Africa with a planned $438 million investment, as it seeks to tap into growing demand…
- Nigeria’s parliament has approved a $6 billion external borrowing plan from Citigroup and First Abu Dhabi Bank, as the government seeks fresh funding…
- Nigeria’s parliament has approved a $6 billion external borrowing plan from Citigroup and First Abu Dhabi Bank, as the government seeks fresh funding…
- Nigeria’s state oil firm is increasing crude supply to the Dangote refinery for May, as global oil disruptions linked to tensions in the Middle East…
- Chinese carmaker Chery is deepening its African expansion with plans to begin production at a South African plant it is acquiring from Nissan by the…
- Nigeria has shipped its first-ever cargo of Cawthorne crude, a 950,000-barrel consignment loaded from the newly commissioned FSO Cawthorne vessel and…
- The United States has reinforced its strategic security partnership with Kenya following a high-level visit by George Wikoff, commander of U.S. Naval…
- South Africa is grappling with mounting pressure on its fuel system, as over 140 petrol stations struggle to meet demand ahead of record price hikes…
- Botswana is moving to secure a stake in a multi-billion-dollar oil refinery project in Angola as tensions around the Strait of Hormuz raise concerns…
- Egypt’s President Abdel Fattah al-Sisi has called on the U.S. President Donald Trump to intervene in the escalating Gulf crisis, warning that failure…
- Africa’s largest container port, Morocco’s Tanger Med, is preparing for a possible jump in ship traffic as global shipping lines abandon Middle East…
- A coalition led by the United Kingdom and France, alongside nearly 30 countries, is intensifying efforts to secure safe passage through the Strait of…
- Nigeria’s state-owned oil company, Nigerian National Petroleum Company Limited (NNPC Ltd), is laying the groundwork for a potential listing on major…
- South Africans are facing the prospect of another fuel price surge after India imposed new export duties on refined fuels, a move aimed at shielding…
- Kenya has opened a high-stakes tender for global investors to develop the mineral-rich Mrima Hill in Kwale County, a rare earth site valued at about…
- Ethiopia has secured $13 billion in investment commitments, according to the state investment commission, following a conference aimed at attracting…