China’s biggest steelmaker eyes BHP mine after taking control of half of Guinea’s Simandou project
China’s biggest steelmaker is considering buying up to a quarter of one of BHP’s largest Australian iron-ore mines, months after securing co...
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Emirati billionaire behind Dubai’s Burj Khalifa, the world’s tallest building, eyes fresh investment in Africa’s luxury hotel sector
Emirati billionaire Mohamed Alabbar, the developer behind Dubai’s Burj Khalifa, the world’s tallest building, is setting his sights on Afric...
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Business
Iran and Ukraine wars could help Nigeria double energy investment within five years, IEA chief says
Nigeria could at least double the investment flowing into its energy industry within five years as wars involving Iran and Ukraine force gov...
URLy Insight
Business
Boeing says Africa will need 1,165 new jets and 75,000 aviation workers in $140 billion expansion
Africa’s commercial aircraft fleet will more than double over the next two decades, creating demand for 1,165 new planes and 75,000 addition...
URLy Insight
Business
Porsche executive takes charge of Volkswagen Africa as Chinese brands capture 40% of cars financed by major lender
Porsche executive Christiane Zorn will take charge of Volkswagen’s African business as the German carmaker confronts the rapid expansion of...
URLy Insight
Business
Remote-controlled drone targets Libyan fuel depot weeks after another attack destroyed 4.5-million-litre tank
A remote-controlled drone targeted a major fuel depot in the Libyan capital, Tripoli, weeks after a series of drone attacks destroyed a 4.5-...