The acquisition brings together two of the continent’s most influential fintech infrastructure players. Flutterwave, Africa’s leading payments technology company, says the move strengthens its long-term ambition to build a...
Sovereign wealth funds globally amassed a record $15 trillion in assets under management in a year when many deepened their technology investments and profited from buoyant markets. Overall, sovereign...
Peru’s government has approved an emergency decree allowing private investment in parts of the state-owned oil company Petroperu, as authorities move to stabilise a firm weighed down by mounting...
India’s foreign exchange reserves went up by $1.689 billion to $688.94 billion for the week ending on December 12, the Reserve Bank of India (RBI) said on Friday. Gold...
Nigeria’s state-owned oil and gas company NNPC this week reported crude oil and condensate production of 1.6 million barrels per day (bpd) for November 2025, up by 1.3% from...
Ethiopia’s long-delayed Tulu Kapi gold project has reached a major turning point after securing about $340 million in development financing, clearing the way for construction of one of the...
Zambia and Zimbabwe have agreed to each commit $220 million toward reviving construction of the long-delayed $4.2 billion Batoka Gorge hydropower project, a cross-border plant expected to supply electricity...
The Saudi Ports Authority, or Mawani, has signed a contract with Arabian Chemical Terminals Ltd. to establish storage tanks for chemical and petrochemical materials at Jubail Commercial Port, with...
The Central Bank of Egypt and the African Export–Import Bank have signed a memorandum of understanding to establish a pan-African Gold Bank, a strategic initiative aimed at formalizing gold...
China has bought at least eight million tonnes of US soybeans this year, according to people familiar with the matter, putting the world’s top importer on track to meet...