BUSINESS Archives - Page 8 of 21

EU-Zimbabwe Business Forum sets stage for deeper investment cooperation

AarondexMay 21, 2025

by AarondexMay 21, 20250771

THE European Union (EU) has expressed strong confidence in Zimbabwe’s investment climate, describing the ongoing EU-Zimbabwe Business Forum as a significant platform for building mutual...

CAML splurges A$185m on US copper asset

AarondexMay 21, 2025

by AarondexMay 21, 20250802

Aim-listed miner Central Asia Metals (CAML) on Wednesday announced it would acquire ASX-listed New World Resources (NWR) in a transaction valued at A$185-million, adding the...

BUSINESS Africa ECONOMY

Oil firmer amid reports that Israel may attack Iran

AarondexMay 21, 2025

by AarondexMay 21, 20250774

Singapore Oil prices jumped more than 1% on Wednesday after reports Israel is preparing a strike on Iranian nuclear facilities, raising fears that a conflict...

ECONOMY Africa BUSINESS

Egypt to Receive €4 Billion in EU Budget Support Amid Economic Reforms and Regional Stability Efforts

AarondexMay 20, 2025May 20, 2025

by AarondexMay 20, 2025May 20, 20250751

In a landmark financial agreement aimed at strengthening economic resilience and regional stability, the European Union has pledged to provide €4 billion in budget support...

BUSINESS TECHNOLOGY

Ucore Secures $18.4M in U.S. Department of Defense Funding to Advance Rare Earth Processing Plant in Louisiana

AarondexMay 20, 2025

by AarondexMay 20, 202501055

Ucore Rare Metals Inc., a leading innovator in the field of critical mineral processing, has secured a major funding boost from the U.S. Department of...

BUSINESS Africa TECHNOLOGY

China to Establish Electric Vehicle Factories in Nigeria, Strengthening Strategic Partnership

AarondexMay 19, 2025

by AarondexMay 19, 20250807

China has announced plans to establish electric vehicle (EV) factories in Nigeria, marking a significant advancement in the bilateral relationship between the two nations. This...

BUSINESS Africa

Uganda: Stanbic Bank’s Agutamba Named Chairman of UBA Peer Committee On Communication

AarondexMay 16, 2025

by AarondexMay 16, 20250764

Stanbic Bank Uganda’s Head of Communications, Daniel Agutamba, has been appointed as the new Chairman of the Communication Peer Committee under the Uganda Bankers’ Association...

BUSINESS Africa Agriculture

South Africa’s Land Bank Seeks Up to $1 Billion to Strengthen Agricultural Financing

AarondexMay 15, 2025

by AarondexMay 15, 202501054

South Africa’s state-owned Land and Agricultural Development Bank is in discussions with potential funders to raise as much as $1 billion. This initiative aims to...

BUSINESS Africa

TotalEnergies and BW Energy Target Late 2026 for Final Investment Decisions on Namibia Projects

AarondexMay 14, 2025

by AarondexMay 14, 202501063

Namibia is poised for significant advancements in its energy sector as TotalEnergies and BW Energy plan to make final investment decisions (FIDs) on their respective...

BUSINESS Africa International News

South Sudan Resumes Oil Exports After RSF Drone Attacks Disrupt Port Sudan Operations

AarondexMay 14, 2025

by AarondexMay 14, 20250802

South Sudan has resumed its critical oil exports through Port Sudan after a brief suspension caused by a series of drone attacks attributed to Sudan’s...

BUSINESS Africa

Kenya’s Tourism Sector Booms with 60% Growth as Country Registers Increased International Arrivals

AarondexMay 13, 2025

by AarondexMay 13, 20250857

Nairobi, Kenya – Kenya’s tourism industry is experiencing a remarkable resurgence, with a reported 60% growth in international arrivals compared to the previous year, signaling...

BUSINESS Africa

US and China Agree to Slash Tariffs for 90 Days in Major Trade Breakthrough

AarondexMay 12, 2025May 12, 2025

by AarondexMay 12, 2025May 12, 20250617

In a surprising move aimed at easing global trade tensions, the United States and China have agreed to a temporary 90-day reduction in tariffs on...

BUSINESS Africa

Chad Jenkins Calls on Entrepreneurs to Rethink Innovation and Leadership

Jide AdesinaSeptember 11, 2024September 11, 2024

by Jide AdesinaSeptember 11, 2024September 11, 20240711

Entrepreneur and business strategist Chad Jenkins is challenging entrepreneurs around the world to adopt a new mindset—one that moves beyond traditional strategies and embraces innovative,...

BUSINESS Africa STOCK MARKET

Stock Market Caution as Key Economic Data Approaches

Jide AdesinaSeptember 10, 2024

by Jide AdesinaSeptember 10, 20240852

Global stock markets are bracing for critical economic data to be released this week, especially in the U.S., where the labor market report is expected...

BUSINESS TECHNOLOGY Uncategorized

African Tech Startups Attract Record Investment Amid Global Slowdown

Jide AdesinaSeptember 9, 2024September 9, 2024

by Jide AdesinaSeptember 9, 2024September 9, 20240839

Despite a challenging global economic environment, African tech startups have continued to attract record levels of investment in 2024. In the first half of the...

STOCK MARKET BUSINESS The Afrika Market

Botswana Stock Exchange (BSE) Gains Amid Diamond Sector Recovery

Jide AdesinaSeptember 9, 2024

by Jide AdesinaSeptember 9, 20240999

The Botswana Stock Exchange (BSE) saw positive movement today, driven by a rebound in the diamond sector. Shares in Debswana, a joint venture between De...

BUSINESS The Afrika Market

Mixed Performances in African Stock Markets as Global Uncertainty Persists

Jide AdesinaSeptember 9, 2024

by Jide AdesinaSeptember 9, 20240885

African stock markets displayed mixed results as global economic uncertainty, fluctuating commodity prices, and regional political developments influenced trading activities. While some markets saw gains...

BUSINESS Africa Power

Ghana’s Parliament Approves $250M World Bank Loan for Energy Sector Recovery After Initial Rejection

Jide AdesinaSeptember 5, 2024

by Jide AdesinaSeptember 5, 20240818

Accra, Ghana – After initially rejecting the proposal in a surprise vote on July 30, the Parliament of Ghana has now approved a $250 million...

BUSINESS Africa ECONOMY

Dangote Refinery Unveils First Petrol Batch, Promises Market Availability Within 48 Hours

Jide AdesinaSeptember 3, 2024

by Jide AdesinaSeptember 3, 20240793

The Dangote Oil Refinery, with a capacity of 650,000 barrels per day (bpd), has unveiled its first petrol product to the Nigerian public. The presentation...

Africa Asia BUSINESS

Nigeria Poised to Expand Partnership with Indonesia.

Jide AdesinaSeptember 2, 2024

by Jide AdesinaSeptember 2, 20240863

Nigeria has expressed its readiness to strengthen relations with Indonesia. The Minister of Information and National Orientation, Mohammed Idris, said there is a lot of...

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