1+ hour, 20+ min ago  (1006+ words) The deal: Absa Group, one of South Africa's largest banks, is offering about $239 million to raise its stake in Absa Bank Kenya to 85% from 68. 5%. The price: It will pay 34. 50 Kenyan shillings a share for the extra 16. 5%, a roughly KSh30. 9 billion (R3. 93 billion)…...

2+ day, 6+ hour ago  (885+ words) The push: Tanzania is targeting a host government agreement for its long-stalled LNG project by the middle of 2026. The size: The development is worth roughly $42 billion and targets more than 47 trillion cubic feet of offshore gas. The players: It is…...

2+ day, 6+ hour ago  (994+ words) SOUTH AFRICA " WEALTH "The milestone: Johann Rupert has become the second African, after Aliko Dangote, to reach $20 billion on the Bloomberg Billionaires Index. "The caveat: The figure is index-dependent. Bloomberg lists $20 billion; Forbes, valuing his private holdings more conservatively, is…...

2+ day, 7+ hour ago  (799+ words) MEXICO " WORLD CUP "World Cup 2026 Mexico: The hosts beat South Korea 1-0 in Guadalajara to win Group A with a game to spare. "First through: Mexico became the first team to reach the Round of 32. "The goal: Luis Romo pounced on…...

5+ day, 7+ hour ago  (520+ words) Latin America " World Cup Lat Am at the World Cup moves into a defining week: Uruguay have already dropped points, Argentina begin their title defense tonight, and Colombia head to the Estadio Azteca on Wednesday. Here is where the region's…...

6+ day, 53+ min ago  (1023+ words) The deal: US firm Convalt Energy has signed a $6. 2 billion agreement to build power and digital infrastructure in Lesotho. The scale: It is the largest investment commitment in the small kingdom's history, worth nearly three times its annual output. The…...

1+ week, 4+ hour ago  (928+ words) South Africa " Markets "First in 21 years: Fitch raised South Africa's long-term rating from BB- to BB on June 5, 2026, its first upgrade for the country since 2005. "Why it happened: The agency cited primary budget surpluses averaging about 1% of GDP over four…...

1+ week, 1+ day ago  (979+ words) SOUTH AFRICA " CULTURE "When and where: The National Arts Festival runs in Makhanda, South Africa, from 25 June to 5 July 2026, its 52nd edition. "Big scale: The programme features more than 270 productions and around 2, 000 artists across theatre, dance, music and visual art. "The…...

1+ week, 1+ day ago  (902+ words) Revenue down: Angola earned US$24. 4 billion from oil exports in 2025, a fall of 22. 16% from 2024, according to government figures. Price, not just barrels: The average price of Angolan crude dropped 14. 19% to $68. 4 a barrel over the year. Volumes slipped: Export volumes fell…...

1+ week, 1+ day ago  (718+ words) World Cup " Business of Sport "The scene. Wide empty patches marked a World Cup match in Guadalajara. "The count. Official attendance was about 44, 985 in a roughly 46, 000-seat stadium. "The grievance. Fans blamed steep ticket prices for the gaps. "The contrast....