Margins Developments launches $304-million residential resort in Cairo
The 35-feddan project marks the developer’s entry into luxury residential and hospitality.
The 35-feddan project marks the developer’s entry into luxury residential and hospitality.
This decline reversed a $17.05 million gain for the Khamis family between October 9 and 15.
Baraka Smiles Foundation launches a $387-million campaign to bring essential dental care to Kenya’s underserved communities, aiming for "1 million healthy smiles" by 2027.
Minority shareholders push for governance reforms at Oando Plc amid delisting uncertainties, seeking stronger protections and transparency to safeguard their interests.
BUA Industries secures $200 million from Afreximbank to accelerate expansion, boosting Nigeria’s industrial growth and self-sufficiency in key sectors.
NCBA Bank opens a new branch in Kitui, boosting financial access and empowering local businesses to drive economic growth in the region.
Jumia posts a $20-million Q3 loss but strengthens its financial strategy, targeting growth in high-potential African markets while expanding into underserved areas.
Standard Chartered and BII expand their trade finance partnership, injecting $350 million to boost economic growth across Africa and South Asia, with a focus on sustainable development and empowering small and medium-sized businesses.
Despite this growth, profitability faced challenges due to currency fluctuations in key markets such as Egypt and Ethiopia, which put pressure on service revenue.
The deal, announced on Monday, concludes negotiations that began on July 1, 2024, with labor unions representing workers at the Beatrix, Driefontein, and Kloof mines.
Net profit rose by 88.9 percent, exceeding $50 million, as contracted sales more than doubled and revenue surged 62.9 percent.
Ethiopia’s wealthiest man, Mohammed Al-Amoudi, lost over $1 billion in recent months, with his net worth dropping to $8.76 billion.
Acquisition positions MTN for growth in Nigeria's expanding digital finance sector.
Chinese demand slowdown weighs on overall performance, while other regions show resilience.
Landmark ruling provides consistency for international asset-freezing orders.
Angolan authorities pursue charges; dos Santos claims political agenda.