Business
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Africa: SEFA Grants $1 Million to Seven Countries to Develop Electric Mobility
Through the Sustainable Energy Fund for Africa (SEFA), the African Development Bank (AfDB) is granting US$1 million for the development...
Richest African man building fourth cement plant in Nigeria
Africa’s richest man, Aliko Dangote, agreed with a Chinese firm to construct a 6 million-ton cement plant to expand output...
World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man
Forbes just published its annual exclusive billionaires ranking, with only three Nigerians making the list. The Nigerians are Aliko Dangote,...
Global tech billionaires eye Zambia’s electric vehicle battery mines
Market optimism is spurring a rush of investments into Zambia’s agriculture and mining sectors, giving the economy new growth impetus....
Africa will have 57 million pay TV subscribers by 2028, report
About 16 million pay TV subscribers will be added in Africa between 2022 and 2028 to take the total to...
Africa startups defy funding slump as debt financing fuels growth
African startups more than doubled the amount of debt they raised last year, a surge that may continue as an...
Port of Maputo achieves new handling record, sees soaring chrome throughput
The Port of Maputo achieved a new handling record in 2022, registering growth of 20% over 2021. The total volume...
Court told Anglo turned blind eye to Zambian lead poisoning
South Africa’s High Court was told that Anglo American Plc turned a “blind eye” to lead poisoning in the Zambian...
Ethiopian Airlines set to fly to Atlanta
Ethiopian Airlines, the largest network operator in Africa, has announced that it has finalized all preparations to commence a new...
Angola Sonangol plans to list on Angolan stock exchange by 2027
Angola’s national oil company (NOC), Sonangol, has affirmed its plans for an initial public offering (IPO) of up to 30%...
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