10+ hour, 56+ min ago  (489+ words) South Africa's efforts to position itself as a champion of African unity suffered a diplomatic setback after African ambassadors and high commissioners boycotted the country's flagship Africa Day celebrations in the North West province. African ambassadors and high commissioners have…...

13+ hour, 43+ min ago  (478+ words) Indian billionaire Ravi Jaipuria is doubling down on Africa's fast-growing consumer market after his beverage giant Varun Beverages signed a fresh 10-year extension of its bottling agreement with Pepsi Co following $2. 4 billion in annual revenue and a rapid expansion across…...

14+ hour, 56+ min ago  (549+ words) As South Africa's political succession debate intensifies ahead of President Cyril Ramaphosa's expected exit in 2029, billionaire businessman Tokyo Sexwale is increasingly being linked to conversations about the country's future leadership and political direction. This time, former anti-apartheid activist and mining…...

16+ hour, 2+ min ago  (416+ words) The luxury goods group Richemont, led by South African billionaire Johann Rupert, has reported a strong increase in sales for the financial year. Luxury goods giant Richemont, controlled by South African billionaire Johann Rupert, posted sales growth despite mounting pressure…...

18+ hour, 20+ min ago  (696+ words) South Africa's commercial capital and Africa's richest city, Johannesburg, is facing rising pressure over its worsening financial troubles after civil society group Public Interest SA threatened legal action against the city administration over what it described as a deepening governance…...

19+ hour, 18+ min ago  (791+ words) For decades, Africa's biggest oil producer imported most of its fuel like a country without crude oil. Now, Nigerian billionaire Femi Otedola says the man who finally changed that reality is Aliko Dangote. Speaking during a visit by executives of…...

1+ day, 7+ hour ago  (353+ words) Australian mining company Orion Minerals is raising A$15. 4 million ($10. 9 million) through a share placement backed by South African institutional investors, as the company moves to accelerate development of its key copper and zinc assets in the country. The funding will…...

1+ day, 10+ hour ago  (381+ words) Zimbabwe is stepping up its campaign for resource-driven industrialization by prohibiting foreign individuals and firms from participating in small-scale gold mining, the latest move in a larger strategy to boost local ownership and promote the domestic mineral industry. Polite Kambamura…...

1+ day, 18+ hour ago  (374+ words) Tanzania could be edging closer to becoming a significant player in Africa's growing critical minerals industry following the discovery of rare earth element deposits in the country's southern highlands. The newly identified deposits, located in Mkiu Village in Ludewa District…...

1+ day, 19+ hour ago  (400+ words) In a major move for East African energy infrastructure, the Dangote Group and Ethiopian Investment Holdings (EIH) have received approval to install a series of oil and gas pipelines running through Djibouti. Djibouti President Ismail Omar Guelleh officially approved the…...