The African Development Bank (African Development Bank) has committed $125 million to African Trade and Investment Development Insurance (ATIDI), positioning itself as the largest shareholder in a strategic push to transform how infrastructure and private investment flow across Africa. The…

Tanzanian billionaire Mohammed Dewji is preparing to shake up East Africa’s beverage industry with a bold $50 million investment in Kenya. Through his conglomerate MeTL Group, Dewji plans to establish a major soft drinks manufacturing plant in Mombasa as he…

The world’s largest sovereign wealth fund manager, Norges Bank Investment Management, is considering a landmark partnership with Dangote Group in a move that could reshape investment flows into Africa’s fast-growing industrial sectors. The fresh talks followed a high-level meeting between…

Nigeria’s richest industrialist Aliko Dangote has set his sights on Kenya as a potential location for a massive 650,000-barrel-per-day oil refinery that could reshape East Africa’s energy landscape. The plan, valued between $15 billion and $17 billion, signals one of…

Aliko Dangote’s company has strongly denied reports claiming he fell out with fellow billionaire Tony Elumelu, describing the viral story as false, malicious, and misleading. In a statement released on Sunday, Dangote Group said there was no disagreement between its…

The Garden Route in South Africa is experiencing a powerful property surge as wealthy foreigners, returning expats, and domestic semigration buyers push demand for coastal homes and lifestyle estates to new levels. Dr Andrew Golding, chief executive of Pam Golding…

MTN Nigeria has confirmed it will compensate subscribers affected by poor network performance after a directive from the Nigerian Communications Commission (NCC), while also rolling out fresh investments aimed at strengthening service quality across the country. The telecom giant said…

Angola’s vast agricultural potential continues to attract attention across Africa, yet the country still depends heavily on food imports. However, a growing push from private sector players is beginning to reshape the narrative, with Carrinho Group emerging as a key…