Industry Leaders Push for Faster Permits, Better Seismic Data, to Unlock Africa's Oil and Gas Potential
Advances in seismic imaging, frontier data sets and faster permitting could ignite a new exploration renaissance in Africa, industry leaders said Africa Energy Week (AEW): Invest in African Energies 2025 [...]
Raxio Group Launches Angola's Largest Data Center
Data center operator Raxio Group has opened a US$30 million, 19,000 square meter, 3MW facility that can host over 800 server racks in Angola. “Raxio Angola represents a leap forward [...]Africa Finance Corporation Raises US$ 1.5bn in Debt
Infrastructure solutions provider Africa Finance Corporation (AFC), has closed a US$1.5bn syndicated loan, its largest-ever debt facility. “This landmark transaction reinforces AFC’s standing as a trusted institution in the global [...]KCB is Vying to Boost East Africa/US Trade, Investments, CEO Paul Russo Says at Bullish Kenya
KCB Group is vying to deepen its support to businesses and investors focused on the East Africa US Markets, riding on its scale across the region. Speaking at the [...]
Wafa Assurance's US$317mn Acquisition of Egypt's Delta Puts Kenya’s Insurers on Alert
The planned takeover of Egypt’s Delta Insurance by Morocco’s Wafa Assurance has drawn scrutiny from the COMESA Competition Commission, as it raises questions not only about competition in North Africa [...]
After US$1.9bn MultiChoice Acquisition, Canal+ Overhauls Leadership Team
French media giant Canal+ has officially taken control of Johannesburg-listed MultiChoice Group, prompting sweeping changes to its corporate structure on the continent. The changes follow the completion of Canal+'s mandatory [...]African Gaming and Lottery CEOs Host First Forum in South Africa
The African Lotteries and Gaming Association (ALGA) convened leading regulators and chief executives from across the continent for the inaugural ALGA CEOs Forum dubbed ‘’The Black Table’’, in the quest [...]US Under Fire During UN's Unstoppable Africa Summit for Failing Africa
During the ongoing Unstoppable Africa 2025 summit taking place in New York City, on the sidelines of the 80th UN General Assembly, numerous high-profile speakers said the US' foreign policy [...]
Uber Amends Terms of Service after COMESA Probe
Kenya has emerged among winners in a Common Market for Eastern and Southern Africa (COMESA) Competition Commission investigation that forced ride-hailing giant Uber to revise its terms of service. “Restricting [...]East Africa Hunger Crisis Deepens as Food Insecurity Triples Since 2016, IGAD Says
Acute food insecurity in East Africa has more than tripled over the past decade, leaving42 million peoplein urgent need of assistance this year, according to a new assessment by the [...]U.S. Sanctions Sudan’s Finance Minister as AU, IGAD Back Push for Peace Talks
The U.S. Treasury Department has imposed sanctions on Sudan’s Finance Minister Dr. Gebreil Ibrahim Mohamed Fediel and an allied militia for their role in the country’s civil war and ties to Iran, [...]DRCongo Launches Ebola Vaccination Drive as Outbreak Spreads in Kasai
The Democratic Republic of the Congo (DRC) has begun vaccinating frontline health workers and people exposed to Ebola in the southern Kasai province, as officials race to contain the country’s [...]
