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To Create One Of World's Most Integrated & Largest Blasting Solutions Player With Omnia...

WASHINGTON (dpa-AFX) - Nigerian billionaire Aliko Dangote has launched what is being described as Africa's largest-ever share sale, offering the public roughly 3 percent of his Dangote refinery in......

Fatal traffic accidents are a recurring problem for South Africa. ...

South Africa's National Treasury will stage a three-year intervention to stabilize the Johannesburg municipality, which has been beset by governance and financial challenges, Finance Minister Enoch Godongwana said....

The company noted that the exhibition will also feature the AK-203 and AK-204 assault rifles, the Chukavin sniper rifle, the Kalashnikov PPK-20 submachine gun, and the Lebedev line of pistols...

IPO - In Nigeria hat der Milliardär Aliko Dangote den grössten Börsengang in der Geschichte Afrikas auf den Weg gebracht. ‌...

US Miner Almonty Strikes Major Deal With Africa's Largest Tungsten-Producing Country Almonty Industries is positioning itself to "become the leading Western producer of tungsten," potentially as early as 2027, as Western buyers confront a severe supply shortage sparked by China and, more broadly, what we've described as "resource nationalism." Bloomberg reports that Almonty has partnered with Rwanda's government, securing a foothold in Africa's largest tungsten-producing nation. The deal aims to accelerate access to existing production and develop a traceable, conflict-free supply chain for Western governments, reducing dependence on China's quasi-monopolistic market position on not just tungsten but rare earths. Under a binding agreement disclosed early Monday, Rwanda will receive a 25% stake in Almonty's local subsidiary in exchange for an exploration concession and a processing license. The Dillon, Montana-based miner will retain a 75% stake.  Almonty's strate...

Kropz Plc, the phosphate producer backed by billionaire Patrice Motsepe, said it will cut its own staff as it won't renew its operating and maintenance agreement with contractors at its operation in South Africa when it expires in November....

Public offering of Aliko Dangote's Nigerian oil refinery business could swell his net wealth by two thirdsThe fortune of Africa's richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent's biggest-ever initial public offering.If Monday's flotation of Dangote Petroleum Refinery and Petrochemicals goes to plan, then Aliko Dangote will add another $23bn (£17bn) to his $35bn net worth. Continue reading......

Africa's richest man, Aliko Dangote, is set for a $23 billion leap in his net worth with the IPO of his refinery business. Jennifer Zabasajja explains why the continent's biggest listing promises to supercharge the Nigerian's wealth. (Source: Bloomberg)...

South Africa's oil-import bill could have been 76 billion rand ($4.7 billion) lower if it had not closed a large part of its refinery capacity, according to the country's central bank....

Solar Industries India Ltd. agreed to acquire South African industrial-explosives and fertilizer firm Omnia Holdings Ltd. for 21.8 billion rand ($1.4 billion), seeking to expand in the continent's mining and agriculture industries....

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Warsaw-listed discount retailer Pepco Group NV plans to expand its manufacturing footprint into Africa to better navigate global supply chains that have been upended by geopolitical turmoil....

Olympic flame arrives in Senegal for first ever Olympic event in Africa...

Steigende Temperaturen verändern die Verbreitung von Malaria in Afrika. Während es dem Virus in Westafrika allmählich zu heiß wird, dürften andere Gegenden künftig mehr Probleme mit der Tropenkrankheit bekommen....

The Russian president held a meeting with South African leader Cyril Ramaphosa on the sidelines of the BRICS summit in India...

Months of anti-foreigner protests across South Africa have forced tens of thousands to leave the country....

Uber has officially ended its operations in Nigeria and Uganda, marking a significant retreat from these markets. This decision comes as a result of escalating operating expenses and fierce competition, which have negatively impacted ride-hailing fares and driver earnings. Rising costs for fuel and vehicle upkeep weighed heavily on drivers' incomes. Despite this setback, Uber continues to prioritize other sub-Saharan African markets where growth seems promising....

South African firms are courting shareholders ahead of annual general meetings after new laws gave investors more power over executive pay and put the directors who oversee it under greater pressure....