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Category: Business

AfDB, Air Côte d’Ivoire Sign Pact to Boost Aviation Financing
Business

AfDB, Air Côte d’Ivoire Sign Pact to Boost Aviation Financing

Staff WriterFebruary 2, 2026

The African Development Bank Group and Air Côte d’Ivoire have signed a letter of intent to explore cooperation aimed at…

Nigeria’s Dangote Refinery Expands Gas Deals With NNPC 
Business

Nigeria’s Dangote Refinery Expands Gas Deals With NNPC 

Staff WriterFebruary 2, 2026

 Reuters – Three Dangote Group subsidiaries said on Monday they had bolstered gas supply contracts with NNPC units to support…

Kenya launches IPO of state oil pipeline firm
Business

Kenya launches IPO of state oil pipeline firm

Staff WriterJanuary 19, 2026

Kenya began selling a 65% stake in its state oil pipeline company on Monday, seeking to raise 106.3 billion shillings…

Crude Oil Prices Rise As Global Market Weighs Supply Risks
Business

Crude Oil Prices Rise As Global Market Weighs Supply Risks

Staff WriterJanuary 12, 2026

Oil prices rose two per cent at the weekend on growing supply worries linked to intensifying protests in oil-producing Iran,…

Tesla Loses Title As World’s Biggest Electric Vehicle Maker
Business

Tesla Loses Title As World’s Biggest Electric Vehicle Maker

Staff WriterJanuary 3, 2026

AP – Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon…

Energy Consortium Secures $50 Billion to Build Africa’s Second-Largest Refinery in Nigeria
Business

Energy Consortium Secures $50 Billion to Build Africa’s Second-Largest Refinery in Nigeria

Staff WriterNovember 8, 2025

An international energy group has secured a $50 billion investment to construct what will become Africa’s second-largest oil refinery in…

Amazon Warns Perplexity AI Over Shopping Feature on Comet Browser
Business

Amazon Warns Perplexity AI Over Shopping Feature on Comet Browser

Staff WriterNovember 4, 2025

Artificial intelligence startup Perplexity AI said on Tuesday that it has received a legal notice from Amazon, demanding that it…

Royal Air Maroc Plans Major Fleet Expansion, First Deliveries Set for 2028
Business

Royal Air Maroc Plans Major Fleet Expansion, First Deliveries Set for 2028

Staff WriterNovember 4, 2025

Morocco’s national airline, Royal Air Maroc (RAM), expects to start receiving new aircraft from its major fleet expansion program in…

Nigeria, Germany Pledge Stronger Ties in Energy, Security, and Trade
Business

Nigeria, Germany Pledge Stronger Ties in Energy, Security, and Trade

Staff WriterNovember 4, 2025

Nigeria and Germany have renewed their commitment to deepen cooperation in key areas such as energy, security, trade, migration, and…

YouTube Settles lawsuit Filed by Donald Trump For $24.5 Million
Business

YouTube Settles lawsuit Filed by Donald Trump For $24.5 Million

Staff WriterSeptember 30, 2025

YouTube will pay $24.5 million to settle a lawsuit filed by Donald Trump after the platform suspended his account following…

WTO Fisheries Deal Takes Effect, Curbing Harmful Subsidies
Business

WTO Fisheries Deal Takes Effect, Curbing Harmful Subsidies

EditorSeptember 17, 2025

The World Trade Organization is celebrating a landmark fisheries deal aimed at curbing susidies that contribute to the depletion of…

Dangote Refinery Makes Landmark U.S. Gasoline Delivery
Business

Dangote Refinery Makes Landmark U.S. Gasoline Delivery

EditorSeptember 17, 2025

In a significant milestone for global energy markets, Nigeria’s massive Dangote refinery has successfully exported its first shipment of gasoline…

Libya to hold first oil exploration bidding round in 17 years
Business

Libya to hold first oil exploration bidding round in 17 years

EditorJune 27, 2025

After a pause of almost 17 years, Libya is preparing to host a bidding round for oil exploration. The announcement…

Heineken Loses Operational Control Of Facilities in DRC
Business

Heineken Loses Operational Control Of Facilities in DRC

Staff WriterJune 22, 2025

Heineken has lost operational control and withdrawn its staff from its facilities in conflict-affected areas of eastern Democratic Republic of…

RwandAir Named Best Regional Airline in Africa
Business

RwandAir Named Best Regional Airline in Africa

Staff WriterJune 17, 2025June 22, 2025

At the prestigious 2025 World Airline Awards held during the Paris Air Show, RwandAir was honored as the Best Regional…

Burkina Faso increases state ownership in gold projects
Business

Burkina Faso increases state ownership in gold projects

EditorJune 12, 2025June 12, 2025

A new regulation in Burkina Faso will allow the country to earn more from its gold resources by increasing the…

Russia Sets Grain Export Record to North Africa
Business

Russia Sets Grain Export Record to North Africa

EditorJune 12, 2025

Russia has set a new global benchmark in grain exports by delivering over 10 million tons of wheat to Egypt…

Trump Tariffs Drive Up Prices in Black Haircare Industry, Squeezing Stylists and Shoppers
Business

Trump Tariffs Drive Up Prices in Black Haircare Industry, Squeezing Stylists and Shoppers

Aisha AdedunmolaJune 2, 2025June 2, 2025

The Trump administration’s tariffs on Chinese imports are hitting the Black haircare industry hard, with rising costs on essential products…

China Accuses U.S. of Provoking Trade Tensions Despite Truce
Business

China Accuses U.S. of Provoking Trade Tensions Despite Truce

Aisha AdedunmolaJune 2, 2025

On Monday, China accused the United States of stoking new trade tensions, just weeks after both countries agreed to a…

Aliko Dangote and David Rubenstein Acquire Kenya’s Oldest Tour Company
Business

Aliko Dangote and David Rubenstein Acquire Kenya’s Oldest Tour Company

Staff WriterMay 16, 2025

Africa’s richest man, Aliko Dangote, and American billionaire David Rubenstein have acquired Pollman’s Tours and Safaris, Kenya’s oldest and most…

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