Pizza Inn Owner Takes Full Control of Kenya Delivery Business
The bigger test will be whether Kutuma can attract enough independent restaurants and retailers to compete beyond Simbisa's own brands…
Angola is Using Oil Windfall to Fund Economic Diversification as Citi Sees Rising Investment Opportunities
Angola is using a surge in oil revenues to accelerate its economic diversification programme, directing fresh resources to infrastructure, mining,…
Kenya Delays Return to Cleaner Fuel Standards Amid Middle East Supply Disruptions
The announcement does not automatically translate into a change in pump prices. It concerns the quality specifications of imported fuel,…
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Dangote Names New CFO as $50 Billion African Investment Drive Takes Shape
Dangote Petroleum Refinery has appointed Turkish finance executive Betül Sarıkaya as its new Chief Financial Officer (CFO), bringing more than…
World Bank Says Kenya’s Economy Could Be 20% Bigger if Corruption Is Tackled
Kenya's growth opportunity may therefore depend as much on the quality of its institutions as on the amount of money…
FSD Africa Backs Women’s Investor Network to Channel Naira Capital to Nigerian Firms
The network is intended to build a track record for a planned $10 million naira-denominated growth debt fund for women-led…
South Africa Spends Billions on Free Electricity. Most Eligible Households Don’t Get It.
PARI estimates the national budget funds free basic services for about 11.2 million households, while fewer than 3 million receive…
Tanzania-Angola Railway Plan to Transform Mineral Trade Across Central and Southern Africa
Tanzania and Angola are pursuing a railway connection that could create a continuous trade route between Africa's Atlantic and Indian…
Dangote Group Eyes $25 Billion Investment in Egypt
Nigeria’s Dangote Group is exploring investments worth between $10 billion and $15 billion in Egypt, as its founder, Aliko Dangote,…