Africa Business

Dangote Alleges International Oil Companies Are Conspiring to Sabotage Its Refinery Operations

Dangote Alleges International Oil Companies Are Conspiring to Sabotage Its Refinery Operations

Dangote Industries Limited’s Vice President, Oil and Gas, Devakumar Edwin, accuses International Oil Companies (IOCs) in Nigeria of frustrating Dangote…
Total Energies and NNPC announce $550 million investment in Nigerian gas facility.

Total Energies and NNPC announce $550 million investment in Nigerian gas facility.

Nigeria’s state oil firm NNPC Ltd and TotalEnergies are set to invest $550 million in a gas processing facility in…
New Mines Drive Ivory Coast’s 2023 Gold Production Higher”

New Mines Drive Ivory Coast’s 2023 Gold Production Higher”

Ivory Coast’s gold output reached a record high in 2023, thanks to the opening of new mines, and is expected…
“Fuel Subsidies to Cost Nigeria 50% More in 2024”

“Fuel Subsidies to Cost Nigeria 50% More in 2024”

Nigeria is likely to spend 5.4 trillion naira ($3.7 billion) in 2024 to maintain fixed petrol prices, a 50% increase…
Microsoft and Zindi Collaborate to Enhance AI Skills Across Africa

Microsoft and Zindi Collaborate to Enhance AI Skills Across Africa

A groundbreaking partnership between Zindi and Microsoft is bringing new hope to the future of tech talents across Africa. This…
Zimbabwe Joins Elon Musk’s Starlink Network

Zimbabwe Joins Elon Musk’s Starlink Network

President Emmerson Mnangagwa has announced Zimbabwe’s endorsement of Elon Musk’s Starlink, making it the eighth African nation to authorize the…
Ghana places 8th in Africa with largest private infrastructure investment

Ghana places 8th in Africa with largest private infrastructure investment

Ghana placed 8th in Africa with the largest private infrastructure investment worth $137 million, according to the World Bank Private…
Africa Trails Behind the World in Mobile Adoption and Innovation, Says MTN CEO

Africa Trails Behind the World in Mobile Adoption and Innovation, Says MTN CEO

The Chief Executive Officer of MTN Ghana, Stephen Blewett, has highlighted the significant progress made in Africa regarding digital technology,…
Africa to become 8th largest global economy by 2050

Africa to become 8th largest global economy by 2050

The African Continental Free Trade Area (AfCFTA) Secretariat Secretary General, Wamkele Mene, has projected that Africa will become the 8th…
Ghana Sets Global Example in Digital Transformation – Akufo-Addo

Ghana Sets Global Example in Digital Transformation – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has said that digital technology is playing a vital role in the transformation of Ghana’s…