Africa

Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth

President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain.


Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison

A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...

Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop

Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States...

Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps

Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic...


Latest News

BRICS nations concerned about cyber snooping reports
Foreign ministers of the BRICS nations expressed concerns about cyber snooping reports on individuals, businesses and country leaders.
African Minerals agrees sale of Tonkolili mine to Tianjin Materials & Equipment Group
African Minerals Ltd would be selling its 17% stake in a Sierra Leone mine to Tianjin Materials & Equipment Group Corp.
Private equity fund hires former Standard Bank Group execs for Johannesburg office
One Thousand & One Voices formed its private equity team to run its office in Johannesburg.
Capitec has new CEO in Fourie after Stassen Retirement
Capitec Bank Holdings Ltd. announced in a regulatory filing that Gerrie Fourie would be Riaan Stassen's successor for the chief executive post after the latter's retirement by the end of this year.
Abu Dhabi Energy Corp's Moroccan unit set for IPO
Subject to board approval, all preparations are being done for the IPO of the Moroccan unit of the Abu Dhabi Energy Corp.
US private equity firms' newest playground is in Africa - report
Several top private equity firms had expressed in a convention that Africa would be seeing an influx of investments in the near future.
Nairobi morgue braces for more bodies in Kenyan mall attack
The city morgue of Nairobi had readied itself to receive more dead bodies from the mall attack in Nairobi, Kenya.
NDB Capital Holdings plans new private equity venture with US-based firm
According to its recent stock filing, NDB Capital Holdings Plc is planning a new private equity venture with US-based firm Zephyr Management LP.
Billionaire Rupert purchases bull for ZAR 40 million
South African billionaire John Rupert bought Mystery for ZAR 40 million.
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