Lufthansa Wins TAP Air Portugal Stake With $1.3 Billion Bid, Beating Air France-KLM
Germany’s Lufthansa has defeated Air France-KLM in the contest for a substantial minority stake in…
Africa Business
Private Equity in Africa: Where Institutional Capital Is Going
Africa’s private capital market opened 2026 with its strongest quarter in four years. But the…
Dangote, Ethiopian Investment Holdings to Build $660 Million Fuel Pipeline Linking Ethiopia to Djibouti
Aliko Dangote and Ethiopian Investment Holdings are investing $660 million in a new petroleum-products pipeline…
Jospong Group of Companies: From a $3 Printing Press to a $1.1 Billion African Conglomerate
With 82 subsidiaries across 29 countries, 10,000 direct employees, over 250,000 indirect jobs, and total…
South Africa Lands One of Its Biggest Mining Finance Deals With $500 Million Backing for Tanzania’s Flagship Gold Mine
Nedbank Corporate and Investment Banking has underwritten a $500 million credit facility for AngloGold Ashanti’s…
Botswana Unearths 1,305-Carat Diamond, Marking 10th Record Find Over 1,000 Carats at Karowe Mine
Lucara Diamond Corp has recovered the tenth diamond weighing more than 1,000 carats from Botswana’s…
Dangote Refinery Switches to Dollar Pricing for Petrol, Diesel and Aviation Fuel
Africa’s largest refinery has shifted from naira-based to U.S. dollar pricing for refined products, setting…
ExxonMobil Returns to Nigeria With $1 Billion Deepwater Bet as Output Revival Gains Traction
The U.S. oil major is committing about $1 billion to the Usan Infill Project, marking…
Ghana Mulls Local Takeover of Gold Fields’ Tarkwa Mine as Leases Near Expiry
Africa’s top gold producer is weighing a transfer of the 475,000-ounce-a-year asset to Ghanaian firms…
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…
- 1
- 2