The $1 billion gamble that transformed Ahmed Abou Hashima into an Egyptian business heavyweight
AYODEJI ADEGBOYEGA Ahmed Abou Hashima was just 35 when he made a more than $1 billion bet on Egypt’s steel...
Rwanda, South African foreign ministers to hold talks in Pretoria
Alice UmutesiRwanda’s Minister of Foreign Affairs and International Cooperation, Olivier Nduhungirehe, is set to meet his South African counterpart Ronald...
After securing $260 million in 2025, Madagascar billionaire lands another €170 million for telecom growth
AYODEJI ADEGBOYEGA Madagascar billionaire Hassanein Hiridjee has secured another major vote of confidence from international financiers after AXIAN Telecom landed...
Ultra-rich Africans piling into property to preserve wealth, Standard Bank says
By Prinesha Naidoo, Africans with at least $50 million in investable assets are increasingly buying property for wealth preservation, diversification, and...
Malawi unveils $180 million Huawei partnership to accelerate digital transformation
The Government of Malawi has announced a landmark $180 million collaboration with Chinese technology giant Huawei to drive a comprehensive...
South Africa, Nigeria and Kenya absent as Egypt makes list of countries Americans like most
OLAMILEKAN OKEBIORUN Egypt has emerged as Africa’s sole representative in Gallup’s 2026 ranking of the countries Americans view most favourably,...
Zambia and Zimbabwe seek industry input on 2.4GW Batoka Gorge hydropower scheme
Stakeholders from across the energy sector will gather at the Africa Energy Forum in Cape Town, South Africa for a...
Somalia receives modern equipment from Türkiye to boost farming
Mohamed Dhaysane Somalia received modern equipment from the Turkish Cooperation and Coordination Agency (TİKA) on Sunday to strengthen and modernize...
Kenya Airways CEO Eyes Widebody Freighters, Embraer E2s
Kurt Hofmann RIO DE JANEIRO—Kenya Airways Group is looking to add a few widebody freighters to its fleet of four Boeing 737Fs...
South Africa’s biggest retailer, Shoprite, opens 268 new stores in massive US$240 million expansion
South Africa’s biggest retailer and largest private employer, Shoprite, has blown past its targeted store openings for the year, rolling...
