Coca-Cola HBC, a Swiss-based bottler, announced on Tuesday that it has agreed to pay $2.6 billion to acquire a 75% ownership in its African counterpart.
Category: Africa
Algeria signs a fully funded $5.4 billion oil and gas deal with Saudi Midad Energy.
Sonatrach, the state-owned energy firm of Algeria, announced on Monday that it has signed a deal with Midad Energy of Saudi Arabia for the exploration
U.S. Walmart is poised to dominate Africa’s retail market by year-end.
Walmart, a U.S. retailer, announced on Tuesday that it will establish its first branded stores in South Africa this year. Walmart’s action puts it in
Ethiopia commissions $4b Africa’s largest dam funded with domestic resources.
Ethiopia has taken steps to persuade its neighbors and the continent at large that the Grand Ethiopian Renaissance Dam (GERD), which is scheduled to be
Application and documentation for a visa.
You must support your visa application with a NET WORTH STATEMENT to get a 90% success rate. Here’s why: Financial Stability Is Proven – Demonstrates
Africa’s Massive Interpol Cybercrime Crackdown Unveils 88,000 Victims and Recovery of $97.4m.
Interpol announced on Friday that 1,209 people have been arrested throughout Africa as part of a significant cybercrime crackdown that has recovered around $97.4 million.
AU says Africa is the second largest continent in the world and adopts the Equal Earth map.
The African Union has supported a campaign to replace the 16th-century Mercator map of the world with one that more accurately depicts the size of
Nigeria’s insurance industry undergoes sweeping reforms, attracting global insurers, to hit $7.84 billion by year-end.
Under the Insurance Industry Reform Act (NIIRA) 2025, Nigerian President Bola Tinubu signed extensive insurance changes into law, according to a statement released by his
Nigeria’s oil regulator says July oil output tops 1.8 million bpd, critical for stabilizing the economy.
The head of Nigeria’s upstream regulator stated on Monday that the country’s oil production has risen to 1.78 million barrels per day (bpd) on average,
G20 finance chiefs back central bank independence and the WTO against Trump.
In a joint statement released on Friday following a two-day summit in South Africa, finance chiefs from the Group of 20 countries emphasized the value
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