Africa
Nearly 1 billion Africans remain offline despite mobile economy’s $290 billion growth forecast
AYODEJI ADEGBOYEGA Mobile technologies are projected to contribute $290 billion to Africa’s economy by 2030, but the continent’s biggest digital...
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Egypt clears $6 billion in energy debt and opens door to a new gas boom
By Simon Watkins Egypt has cleared nearly $6.1 billion in arrears owed to international oil companies, paving the way for a...
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Equity Bank Uganda names Henry Rugamba board chairperson
By Jackie Namatovu Equity Bank Uganda has appointed veteran communications and corporate affairs strategist Henry Rugamba as the new Chairperson...
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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...
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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...
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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...
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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...
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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...
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Multi-metals discovery boosts Namibia’s critical minerals standing
CHINEDU OKAFOR Exploration work at Namibia’s Uis Project in the Erongo Region has returned new results pointing to a broad zone of...
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Zimbabwe’s Mutapa Gold Resources declares US$35 million dividend
By Kelvin Jakachira in Harare Mutapa Gold Resources (MGR), a subsidiary of Zimbabwe’s sovereign wealth fund, Mutapa Investment Fund (MIF),...
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