UAE’s Global Investment Holding Ltd. has acquired a 30% stake in Egypt’s largest tobacco company for a total of $625 million.
Author: Staff Writer
Goldman Sachs, the renowned investment bank, is currently facing a £1 million lawsuit filed by a former employee who claims the workplace was “dysfunctional” and fostered an environment of discrimination and retaliation.
The Nigerian Federal Government has announced its intention to address the recurring issues of flight delays and cancellations by implementing stricter regulations.
Uber introduces electric motorbike service in Kenya, marking its first in Africa, as part of its global goal to achieve an emissions-free platform by 2040.
Speaking at the conference held by SARB, Gita Gopinath of the IMF stressed the need for faster debt restructuring, inspired by Zambia’s successful efforts. Gita Gopinath, First Deputy Managing Director of the IMF, emphasized the need for faster sovereign debt restructuring mechanisms for indebted nations.
Koree, a Cameroonian startup, aims to expand across Francophone Africa with its consumer app that serves as a digital wallet for loyalty cards.
Morocco has surpassed South Africa as the largest exporter of blueberries to the United Arab Emirates (UAE), which has become a major consumer of the fruit worldwide.
Rosalind Brewer, CEO of Walgreens Boots Alliance, has resigned from her position, less than three years after taking the helm at the US pharmacy chain operator.
South African Airways (SAA) reported a loss of R150 million for the first three months of the 2024 financial year, slightly better than the expected loss of R182 million, according to the National Treasury’s report to Parliament’s Standing Committee on Appropriations.
Tesla has introduced a revised version of its popular Model 3 sedan in China, marking the first update to its mass-market car lineup since the launch of the Model Y in 2020.