Africa Business News
AI data centres to drive Africa’s power demand
AI is set to drive surging electricity demand from data centres, currently being rolled out in number across Africa, according to the International Energy Agency […]
Africa Business News
Africa Business News
Weba Chute Systems appoints Toolquip Namibia
Weba Chute Systems has appointed Toolquip Namibia as its official agent, strengthening its presence in Africa and enhancing service delivery to the Namibian mining and […]
Africa Business News
MYSOL strengthens chrome mining with Volvo Equipment partnership
MYSOL has rapidly emerged as a leading chrome mining contractor in South Africa, driven by a fleet of high-performance Volvo Construction Equipment, including excavators, wheel […]
Africa Business News
Meridiam to operate electric bus project in Dakar
Meridiam, a global investor and asset manager, has signed a concession contract for the Bus Rapid Transit (BRT) project in Dakar Meridiam, along with its […]
Africa Business News
Cassava and NVIDIA to build Africa’s first ‘AI factory’
Cassava Technologies has announced its plans to establish Africa’s first AI factory—an advanced, highly secure data centre equipped with NVIDIA AI computing technology This initiative […]
Africa Business News
Ghana International Bank to boost Africa trade
Ghana International Bank (GHIB) has signed a trade finance facility worth US$50mn to boost intra-Africa business across a number of sub-Saharan markets The funding package […]
Africa Business News
Starlink is not allowed to operate in South Africa, because I’m not black – Elon Musk
Despite being operational in 17 African countries, including neighbouring nations like Namibia, Mozambique, and Botswana, South Africa, the continent’s largest economy, is not on the […]
Africa Business News
Dangote Group tops Nigeria’s taxpayer list with N402.3B payment in 2024
Dangote Industries Limited (DIL) and its subsidiaries have announced a tax remittance of over N402.3 billion for the year 2024. Dangote Industries Limited and its […]
Africa Business News
Ehigiamusoe returns as Board Chairman of LAPO Microfinance Bank
LAPO Microfinance Bank has recently announced the appointment of Dr. Godwin Ehigiamusoe, as chairman of its Board of Directors, after retiring as the managing director […]
Africa Business News
African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063
Discussions centered on innovative strategies for mobilizing African capital, strengthening financial institutions, and leveraging the role of African Multilateral Financial Institutions (AMFIs) in financing critical […]