Johannesburg-based Standard Bank has announced its plans to expand into North Africa, particularly in Morocco and Egypt. Africa’s largest lender by assets plans to enter the continent’s biggest economies to …
Elon Musk has begun laying the groundwork for a round of layoffs at Twitter days after taking ownership of the social media platform. The billionaire entrepreneur, who completed his $44 …
Safaricom customers will now be able to keep their lines active for a period of up to two years without topping up. This is after the telco unveiled the Daima …
Ethiopian Airlines has requested the government to raise its paid up capital to 300 billion birr, a three-fold increment from the current 100 billion birr. The group’s fast-growing asset and …
Morocco’s fertilizer giant OCP Group inaugurated this week its first ultramodern fertilizer blending plant on the continent in Kaduna, in northern Nigeria. The aim of the new Kaduna facility is …
Reginald Demana, Industrial Development Corporation (IDC) executive has been selected as the new CEO of the SA National Roads Agency (Sanral), according to a Cabinet statement issued on Thursday. Demana was previously …
Safaricom consortia will spend Sh36.3 billion ($300 million) annually in Safaricom Ethiopia. Safaricom Chief Executive Officer (CEO) Peter Ndegwa said the amount will be invested every year. This comes at …
The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion next year, according to the head of the West African nation’s state oil company. Discussions for …
The Nairobi Securities Exchange (NSE) has petitioned the Capital Markets Authority (CMA) to amend regulations that impose term limits for its CEO and allow the bourse to extend the tenure …
Edible oil and cooking fat manufacturers Bidco Africa, Pwani Oil, Kapa Oil and Menengai, have been ordered to recall some of their products from the shelves for non-compliance with standards. …