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Gold, platinum and silver smash records again
Spot gold rose as much as 1.2% to a peak above $4 530 an ounce, while platinum traded above $2...
Study Warns of Structural Decline at Sonangol and Proposes Partial Privatization and Depoliticization
The document notes the existence of “structural erosion,” resulting from institutional weakness, the company’s inability to increase oil production, and...
Dangote storms back into the $30 billion club after momentarily falling below the mark
Aliko Dangote, Africa's richest man, has once again crossed the $30 billion mark, regaining his place in the exclusive "$30...
Angola Makes Formal Bid to Buy 85% of De Beers, Challenging Botswana’s Dominance in the Diamond Sector
In a move that could reshape the global diamond landscape, Angola has submitted a formal proposal to acquire the entire...
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...
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