Africa

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

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

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...

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African Bank Investments announced it would sell its retail furniture business to strengthen its balance sheet hit by slow demand and increasing bad loans.

The Nigerian federal government created a committee to enhance both private equity and venture capital investments across the country.

Lesedi Council and a group of investors headed by Flanagan & Gerard announced a plan to construct a 35,000 square meter mall in Heidelberg, South Africa.

Capitalworks, a private equity firm based in South Africa, announced it was able to raise ZAR 2.7 billion in six months.

Fab announced that they have received US$10 million from SingTel Innov8.

The Abraaj Group exits its HFC Bank investment after signing an agreement with Republic Bank Limited.

Sanlam, South Africa's leading life insurer, shells out US $24 million in favor of First Strut.

The South African lender is in negotiations to sell its London unit to Industrial and Commercial Bank of China, its biggest shareholder.

Spanish industrial engineering company, Technicas Reunidas SA announced that they are in the final stages to win a US$1 billion contract for a natural gas processing plant.

Investment firms Acon and Capital International Private Equity Fund IV jointly acquires Vetra Energia.

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Africa

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

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

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

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

Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff

South Africa's Return To Office Gets Middle Finger From Employees Office-Based Work Policies Increase in 2024

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