Zimbabwe’s Mutapa Gold Targets Doubling Output to 400,000 Ounces by 2029
The state gold miner has secured $75 million for the Shamva Hill open-pit project as…
Africa Business News
Stay updated with the latest Africa business news. Discover market trends, investment opportunities, and economic developments shaping the continent’s growth and opportunities.
US Plans to Deport Iranian, Afghan and Syrian Migrants to Central African Republic
The first flight could carry about 20 people as early as Thursday, including two Iranian…
Kasapreko Raises $147 Million in Ghana’s Largest Manufacturing IPO as Investors Bet on African Consumer Growth
The maker of Alomo Bitters secured more than double its GH¢700 million target, marking a…
Dangote Refinery Seeks $1 Billion Private Debt Sale as Output Surpasses 700,000 Barrels Per Day
Africa’s richest man is targeting foreign investors for the debt raise as the refinery expands…
Namibia Regulator Faces Hundreds of Appeals to Reverse Starlink Licence Rejection
The Communications Regulatory Authority has received 624 review applications from citizens after denying Elon Musk’s…
The History of QNET in Ghana and West Africa: ASJ Intelligence Brief
From its 2018 flagship expo in Accra to a continent-wide anti-scam campaign involving multiple law…
Tanzania Targets $2 Billion in Russian Investment as Western Ties Fray After Disputed Election
President Samia Suluhu Hassan’s first state visit to Moscow in 57 years opened discussions in…
IMF Approves $250 Million Rwanda Facility as Middle East Conflict Clouds Growth Outlook
The 38-month Extended Credit Facility includes an immediate $35.7 million disbursement to help Kigali manage…
Eni Enters Gambian Offshore for First Time With Deepwater A1 Block Licence
The Italian energy major has signed an exploration deal for a 1,300-square-kilometre tract in the…
Sudan Orders Gold Mills Out of Residential Areas in Crackdown on Unregulated Mining
Prime Minister Kamel Idris announced mandatory ID cards for miners and increased security in mining…