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Infrastructure Development Summit Raises 18 Billion Dollars in Projects
The 3rd Summit on Infrastructure Development Financing in Africa raised a total of 18 billion US dollars across 13 projects...
DHL plans to invest €300m to expand logistics in Africa
DHL Group plans to invest more than €300 million ($349 million) in warehouses and other infrastructure in Africa to capitalise...
Kenya Airways takes off on locally made jet biofuel in bid to attract green investment
Kenya Airways Plc is taking a bold step to show that sustainable aviation fuel (SAF) can be made and used...
Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa
Vodacom, one of Africa’s leading telecommunications operators, is investing over R500 million ($29 million) in South Africa's network infrastructure for the 2026...
French media giant Canal+ to list in South Africa after $3 billion MultiChoice takeover
Canal+ is pressing ahead with its plans for a secondary inward listing on South Africa’s stock exchange, as the French...
Africa’s refining capacity expands as Uganda’s $4 billion oil refinery nears 2030 start
Uganda is set to significantly boost Africa’s refining capabilities with its $4 billion oil refinery, scheduled to begin operations by...
Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth
A few weeks after a sharp dip, Africa’s richest man, Aliko Dangote, has seen his fortune rebound to $29 billion,...
Nigerian billionaire to invest $800 million in four offshore oil blocks in Liberia
Nigerian billionaire Arthur Eze has secured four offshore exploration blocks in Liberia through his company, Atlas Oranto Petroleum Limited, marking...
Elon Musk is a step closer to becoming a trillionaire. Here’s a look at his rising wealth
Under the plan, Musk would receive about 424 million shares or 12% of the company if he hits an array...
South Africa’s MultiChoice set for new ownership as $3bn takeover deal gets green light
A major ownership shake-up is underway at South Africa’s MultiChoice following the Competition Tribunal’s approval of a $3 billion takeover...
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