Sanlam announces strategic €2 billion deal with Allianz to combine resources across 29 African countries
One of Africa’s largest insurance services providers, Sanlam, has announced a strategic partnership with Allianz SE, a global leader in...
Aliko Dangote is now the 67th richest person in the world with a net worth of $20.7 billion
Africa’s richest man Aliko Dangote, has emerged as the 67th richest person in the world with an estimated net worth...
Strong sales on COVID vaccine, oral treatment earns Pfizer $15bn in Q1
Pfizer stepped out strong in its first-quarter earnings report after its COVID vaccine and oral antiviral treatment, Paxloid combined to...
FERTILIZER: Nigeria to pay more for Canada’s potash, sanction against Russia bites
Africa’s most populous country has turned to Canada for its potash needs – a key raw material input for fertilizer...
Chelsea Football club Prioritizing Todd Boehly’s Bid Despite Sir Jim Ratcliffe’s Late £4BN Offer
Chelsea are prioritising Todd Boehly’s consortium’s bid for the club despite Sir Jim Ratcliffe making an 11th-hour bid. However, Boehly’s...
Eurobond fails to lift reserves as more borrowing underway
The $1.25bn Eurobond Nigeria issued in March this year failed to shore up the country’s external reserves, which dropped by...
Angola Stock Exchange is finally set for its first IPO 8 years after it was established
After eight whole years since its establishment in 2014, the Angola Stock Exchange is finally set for the first Initial...
Japan overtakes China in fresh Kenya loans race
China has cut fresh financial commitment to Kenya’s development projects by nearly four times in seven years, falling behind Japan...
Egyptian-French alliance sign MoU to establish project to produce 350K tons of green fuel annually
The Egyptian government and an Egyptian-French alliance signed on Wednesday an MoU to establish a project in the Suez Canal...
Economic growth in Africa will drop to 3.4% this year due to macroeconomic shocks —World Bank
The World Bank disclosed in the latest edition of its Africa Pulse report that the continent’s economic growth will drop...