Oil and gas supermajor TotalEnergies has successfully concluded the sale of a 40% stake in Block 20, located in the Kwanza Basin offshore Angola.
Author: Staff Writer
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The African Development Bank (AfDB) and Google have entered into a partnership to advance digital transformation across Africa. The collaboration was formalized through a Letter of Intent signed during the Global Africa Business Initiative at the United Nations General Assembly in New York.
Ethiopia and Russia have forged a partnership to manufacture Lada cars in Ethiopia for the African market. The move highlights Ethiopia’s growing role as a manufacturing hub and its desire to tap into the expanding African automotive industry.
Enza Capital, a pan-African venture capital firm, has successfully closed its Fund II, securing an impressive $58 million in funding. The firm, based in Kenya, focuses on backing technology-driven startups across Africa that aim to solve significant challenges on the continent.
De Beers, a subsidiary of Anglo American Plc, has signed a significant 10-year sales deal with the government of Botswana, solidifying their partnership in the country’s diamond industry. The agreement encompasses both sales and mining aspects of the Debswana diamond venture.
The Mercedes-Benz EQS electric SUV raises the bar in terms of opulence, offering an array of premium features and cutting-edge technology for a truly luxurious driving experience.
The cost of chocolate could skyrocket in the coming months due to concerns over the cocoa crop in West Africa, particularly in Ivory Coast and Ghana, which account for two-thirds of global cocoa supply.
South Africa’s National Treasury has announced the appointment of Mmakgoshi Lekhethe as the new deputy director-general for asset and liability management. Lekhethe will assume her role on October 2, replacing Duncan Pieterse.
Honda introduces the all-new Motocompacto, an electric scooter that folds up into the shape of a regular suitcase, priced at $995 (R18,700).