Mahindra South Africa has taken another big step in its journey in the country with the opening of a new semi-knocked down (SKD) vehicle assembly plant at the Dube TradePort …
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Business
- BusinessEconomyEnergyInternationalLegal AffairsMining
Peabody Faces August 19 Deadline to Decide on $3.78bn Bid for Anglo American’s Australian Coal Mines
Peabody Energy, a mining company based in the United States, is expected to announce on August 19 whether it will continue with its $3.78 billion bid to buy Anglo American’s …
- AgricultureBusinessEconomyInternational MarketsManufacturingTrade
Nigeria’s Non-Oil Exports Hit $3.23bn in H1 2025, Up 19.6% from Last Year
Nigeria’s non-oil exports rose to $3.225bn in the first half of 2025, showing a strong performance in the country’s drive to diversify its economy. This figure is a 19.59 per …
- BusinessStartupsTechnologyTrade and CommerceTransportation & LogisiticsWestern Africa
Chowdeck Secures $9m Series A to Boost Quick Commerce Expansion in Nigeria and Ghana
Lagos-based food delivery company, Chowdeck, has secured $9 million in Series A funding to roll out a new quick commerce strategy and expand its operations in Nigeria and Ghana. The …
- BusinessDevelopmentEconomyFinanceInfrastructurePolitics
World Bank approves N12.88tn loans to Nigeria in two years
The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …
- BusinessMergers & AcquisitionsSingapore EconomyTechnologyTelecommunications
StarHub Buys MyRepublic Broadband for S$105.2m
Singapore’s telecoms market is seeing another round of consolidation as StarHub has announced the full acquisition of MyRepublic’s broadband business. The deal, revealed on Tuesday, August 12, 2025, sees StarHub …
- BusinessEconomyEnergyManufacturingNigeriaOil & Gas
Oilden Energies to Launch Brand, Unveil Subsidiary as It Targets Top 30 Global Lubricants Ranking by 2030
Oilden Energies Limited, one of Nigeria’s rising lubricant manufacturers, has announced that it will officially launch its brand and unveil a new subsidiary on Friday, August 15, 2025, in Lagos. …
- BusinessCorporate GovernanceCourt RulingsEmployment RightsLabour DisputesLegal Affairs
Malawi Court Orders PCL to Pay Ex-Executives MK10.5bn
The High Court in Blantyre has ordered Press Corporation Limited (PCL) to pay three of its former top executives 75 percent of the MK14.1 billion compensation earlier awarded to them …
- BankingBusinessDevelopmentEconomyEntrepreneurshipFinanceNigeriaReal EstateStartups
HQ, The Alternative Bank Partner to Provide Affordable Office Spaces for Startups Nationwide
HQ, a subsidiary of International Workplace Group (IWG), has partnered with The Alternative Bank to make modern and affordable office spaces available to startups and small businesses across Nigeria. The …
- AFRICA NEWSBusinessEducationFinancePartnershipsTechnologyUGANDA
Airtel, Partners Unveil School Fees Savings in Uganda
Airtel Money Uganda, the country’s biggest mobile money service, has teamed up with SchoolPay and Sanlam Investments to launch SchoolPay Savings—a new financial product aimed at helping parents save gradually …