Algerian state energy firm Sonatrach is in talks with 14 international firms for a joint venture to trade oil and gas products after agreeing...
A privately-owned Nigerian producer of building materials, Ibeto Cement Co. Ltd, has signed a deal to get $850 million in financing from Milost Global Inc, a New...
Chief Executive Officer (CEO) of Stanbic IBTC Pension Managers Ltd. (SIPML) Mr Eric Fajemisin, said the firm invested 12.5 percent of its Assets Under...
Tongaat Hulett aims to expand its business in Angola and other African nations that rely on sugar imports, in line with a strategy to...
Africa’s telecommunication giant MTN is said to start selling about a third of its Ghanaian unit worth $754 million representing 35 percent of the...
Tycoon Humphrey Kariuki’s Great Lakes Africa Energy (GLAE) has entered an agreement with the Mozambique government to generate electricity using natural gas for domestic...
The risk of a reversal in the inflation drop that has characterised many of the biggest African economies in the last year, will likely...
China’s largest state-owned aluminum producer is pushing further into Africa to secure supplies of raw materials used to make the metal.
Aluminum Corp. of China...
The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras (PETR4.SA) that owns stakes in two major Nigerian...
Billionaire Beny Steinmetz is back to mining diamonds.
The Koidu mine in Sierra Leone, controlled by the billionaire’s family trust, has started mining again after halting production...
