Algeria has secured a $5.4 billion production-sharing agreement with Saudi Arabia’s Midad Energy to explore and develop oil and gas reserves in the Illizi Basin, marking a major step in the North African country’s energy expansion and foreign investment strategy. Saudi Arabia’s Midad Energy signed a $5.4 billion production-sharing agreement with Algeria’s Sonatrach for oil…
Forbes’ 2025 ranking of the world’s 900 best employers includes nine African companies, highlighting the continent’s growing role in shaping global workplace standards. Standard Bank Group is named Africa’s top employer, ranking 28th globally in the latest Forbes list. The annual ranking, developed with Statista, surveyed over 300,000 employees from firms with at least 1,000…
Two African cities, Cape Town and Marrakech, have earned global recognition for something priceless: happiness. Cape Town and Marrakech are recognised as two of the happiest cities globally. Cape Town ranks third, while Marrakech ranks fifteenth in Timeout’s 2025 global happiness survey. The survey evaluated happiness based on urban experiences, changes over time, and community…
Canal+ is pressing ahead with its plans for a secondary inward listing on South Africa’s stock exchange, as the French media giant finalises its full takeover of MultiChoice Group Ltd. Canal+ plans a secondary inward listing on South Africa’s stock exchange. MultiChoice will be first delisted from the Johannesburg Stock Exchange before the introduction. Canal+…
Dangote Cement has expanded its continental reach with the official launch of a new production plant in Attingué, about 30 kilometres from Abidjan, Ivory Coast, marking another bold stride in billionaire Aliko Dangote’s pan-African industrial vision. Dangote Cement has officially launched a $160 million production plant in Attingué, about 30 km from Abidjan, Ivory Coast.…
Rwanda is intensifying efforts to harness solar energy as part of its ambitious plan to deliver electricity to every household by 2030, a move that could position the East African nation as one of Africa’s leading clean energy pioneers. Rwanda targets universal electricity access by 2030, with 82% of households already connected. The country plans…
Mali has introduced a new visa policy requiring U.S. citizens to post a bond of up to $10,000 before entering the country, in direct response to a similar measure enforced by the Trump administration against Malian nationals Mali has introduced a new visa policy requiring U.S. citizens to post a bond of up to $10,000,…
Kaushik Burman had already made his mark in the global energy scene. But he saw something bigger in Africa’s restless roads, a chance to turn clean mobility into a movement. Backed by over $150 million in funding, that’s the promise Spiro is now building, one electric bike at a time. Kaushik Burman leads Spiro, an…
Cape Town has once again captured the world’s attention, earning a top spot in global hospitality rankings. The Mother City has been ranked the third friendliest city in the world by Condé Nast Traveler’s Readers’ Choice Awards 2025. The city’s high score of 96.10 showcases its rise from fifth place in the previous year. Known…
