Business

Mantra drives $1.2bn uranium project in Tanzania

Mantra Tanzania Limited has reaffirmed its commitment to transforming the socio-economic landscape of Namtumbo District in Ruvuma Region,…

Tanzania’s Edhah Munif buys $5.56m stake in Kenya’s EAPC

Tanzanian billionaire Edhah Abdallah Munif has bolstered his dominance in East Africa’s cement industry by acquiring a 29.2%…

Yango Group opens Regional HQ in Abidjan to drive African expansion

UAE-based tech giant Yango Group has launched a new regional office in Abidjan, Ivory Coast, to serve as…

‎Ecobank to sell Mozambique stake to FDH Bank in strategic move

Ecobank Transnational Incorporated has announced a strategic agreement to divest its stake in Ecobank Mozambique S.A. to FDH…

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WIOCC secures $65m sustainability-linked financing to boost Africa’s digital infrastructure

WIOCC Group, Africa’s foremost open-access digital infrastructure provider, has successfully raised an additional $65 million in sustainability-linked debt…

Kenya overtakes Nigeria as Africa’s fastest-growing private-sector economy

Kenya has seized the crown as Africa’s fastest-expanding private-sector economy, ending Nigeria’s long dominance, according to the latest…