Just days after breaking ground on a $2.5 billion fertilizer plant in Ethiopia, Africa’s richest man, Aliko Dangote, is turning his attention to Senegal. Aliko Dangote is exploring new investment opportunities in Senegal after initiating a fertilizer plant project in Ethiopia. Dangote met with Senegal’s President Faye to discuss industrial, energy, and fertilizer sector advancements.…
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Portugal’s flagship carrier TAP Air Portugal is setting its sights on expanding its footprint across Africa and Brazil as it prepares for a major privatisation push, Chief Executive Officer Luis Rodrigues announced at the World Aviation Festival in Lisbon. TAP Air Portugal plans to expand operations in Africa and Brazil as part of its global…
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One of South Africa’s most iconic retail dynasties is entering a new phase as Saul Saltzman, Executive Director of Dis-Chem Pharmacies, steps down after nearly two decades of leadership. Dis-Chem Executive Director Saul Saltzman will step down in February 2026 after nearly two decades in leadership. The move marks a broader family succession, with ownership…
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Chad has expelled a UK royal-linked wildlife charity after accusing it of failing to protect endangered species and neglecting key investment commitments Chad expelled UK-linked African Parks Network (APN), accusing it of failing conservation efforts and neglecting investments. The decision ends APN’s management of two significant conservation areas in Chad. Chad’s government cited increased poaching,…
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Uganda is set to significantly boost Africa’s refining capabilities with its $4 billion oil refinery, scheduled to begin operations by 2030. Uganda plans to operationalize a $4 billion oil refinery by 2030, enhancing Africa’s refining capacity. The project, situated in Hoima District, is a collaboration between Uganda National Oil Company and Alpha MBM Investments. Designed…
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China has surpassed France to become Cameroon’s second-largest export market, reflecting a broader shift in African trade dynamics as the continent increasingly turns toward Asia for economic partnerships. China has overtaken France as Cameroon’s second-largest export market, highlighting shifting trade dynamics in Africa. Cameroon’s exports to China surged by 8.7 percentage points in 2024, driven…
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