Giannis Antetokounmpo Launches Investment Fund to Support Aspiring Entrepreneurs
Giannis Antetokounmpo, the NBA superstar often referred to as the Greek Freak, has once again transcended the confines of basketball. Known for his relentless drive...
Category : BUSINESS
Telkom Receives ICASA Approval for Sale of Masts Business
Telkom, South Africa’s state-owned telecommunications company, has received approval from the Independent Communications Authority of South Africa (ICASA) for the sale of its masts and...
Cornerstone Asset Managers to Revolutionize Wealth Creation and Management in Uganda
In a bold move to reshape Uganda’s financial landscape, Cornerstone Asset Managers is setting the stage to revolutionize wealth creation and management. The asset management...
Court Blocks ICTSI’s Bid to Appeal South Africa Port-Deal Ruling
A South African court has blocked the International Container Terminal Services Inc. (ICTSI) from appealing a decision regarding its controversial bid to take over a...
GOL Airlines to Pursue Chapter 11 Restructuring in US Bankruptcy Court
Brazilian airline GOL Linhas Aéreas announced plans to file for Chapter 11 restructuring with the U.S. Bankruptcy Court as part of its strategy to stabilize...
Libya’s Crude Oil Output Surpasses 2024 Target by 22,000 Barrels Daily: NOC Reports Milestone
Libya’s National Oil Corporation (NOC) has announced a significant achievement, with the country’s crude oil and condensate production exceeding its 2024 target by 22,000 barrels...
Libya e-Commerce Expo 2024: A Major Step Toward Digital Transformation, Set for December in Tripoli
The Libya e-Commerce Expo 2024, set to take place from December 1st to 3rd in Tripoli, is poised to be a landmark event for...
The Evolving Role of Annual Reports in Shaping B2B Narratives
In today’s rapidly changing business landscape, annual reports are no longer just a tool for financial transparency. They have evolved into a powerful narrative device,...
Trade Minister Intervenes to Challenge Vodacom-Remgro Deal Block
South Africa’s Minister of Trade, Industry, and Competition is reportedly exploring options to overturn the Competition Tribunal’s decision to block Vodacom’s acquisition of a significant...
Egypt Launches $500 Million Sustainability Bond to Drive Climate Finance and Support MSMEs
Arab African International Bank (AAIB) today issued a $500 million sustainability bond, with investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British...
Chinese Developer Vanke Seeks Adjustments on Two Bank Loan Agreements
China Vanke Co. is seeking lenders’ approval to change terms on two offshore loans, people familiar with the matter said, after its finances worsened amid...
Safaricom Ethiopia Pushes Lawmakers for Equal Market Access in Telecom Sector
The executives of Safaricom Telecommunications Ethiopia Plc have called for government support in ensuring equal access to open platforms, criticizing incongruent tariffs on phone services...
Gaza War Boycott Forces Starbucks Closures in Malaysia
Starbucks’ Malaysian branch has faced substantial sales declines amid ongoing boycotts by pro-Palestine supporters in the country, according to Malaysia’s largest bank. Maybank has warned that...
Nigeria Markets New Crude Oil Grade to European Buyers
Nigeria’s national oil and gas company is seeking offtakers as it works to double production capacity for the new Utapate crude oil to 80,000 bpd...
Record Bitcoin Run Sees US ETF Assets Surge to Over $100 Billion
US exchange-traded funds investing directly in Bitcoin surpassed $100 billion in total assets as the original cryptocurrency extended a record-breaking rally. The group of 12...
Gautam Adani: Biography, Businesses, Political Ties, Controversies, and Net Worth
Gautam Adani, born on June 24, 1962, in Ahmedabad, Gujarat, India, is a prominent Indian industrialist and the founder of the Adani Group, a conglomerate...
The Hidden Cost of Digital Transformation: How Efficiency Can Undermine Customer Experience
Digital transformation is revolutionizing industries across the globe. By adopting advanced technologies, businesses are automating processes, streamlining operations, and reducing costs. However, in the...
Australian Mining Company Agrees to Pay Mali Junta $160M Following CEO, Employees’ Detention
DAKAR, Senegal – Australia’s Resolute Mining said Monday it would pay $160 million to Mali’s ruling junta to resolve a tax dispute, more than a...
Lexington Gold and Gold One Africa Explore Cooperation on South African Gold Projects
Aim-listed Lexington Gold and its broad-based black economic empowerment partner Letsema have entered into an intention to cooperate agreement with Gold One Africa, which will see the parties seek to...
Russia, Algeria strongest to increase share in EU gas supplies in 2024
In the first eight months of this year, the European Union reduced gas imports by 1.7-fold to €49.2 billion. This comes against a backdrop of...