Seplat Energy, a leading independent oil and gas company in Nigeria, has become the first listed firm on the Nigerian Exchange Limited (NGX) to surpass the N10,000 per share mark. Seplat Energy became the first listed company on the Nigerian Exchange Limited (NGX) to surpass N10,000 per share. On Tuesday, Seplat’s share price climbed to…
A proposal to resettle South African farmers in Russia has emerged as a new geopolitical flashpoint, with Errol Musk confirming he is involved in a project to secure refugee status for Afrikaners, a white minority group in South Africa. Errol Musk has confirmed involvement in a Russian-backed initiative to resettle South African Afrikaner farmers. The…
French drone manufacturer Delair has announced plans to establish its African headquarters in Rabat and to launch a new subsidiary, Delair Africa, as it deepens its footprint across the continent’s rapidly evolving security and technology landscape. Delair is launching its African headquarters in Rabat, reinforcing Morocco’s role as a defence technology hub. The move strengthens…
Through strategic partnerships, such as the collaboration with NVIDIA to build AI factories, and the joint venture with a U.S. firm to enhance stablecoin adoption throughout Africa, Strive Masiyiwa seems to be on an ambitious campaign to push the integration of tech within the African commercial ecosystem. Strive Masiyiwa is spearheading Zimbabwe’s tech integration with…
French lawmakers on Monday, April 13, are set to debate a bill aimed at simplifying the return of artworks and cultural artefacts looted from Africa during the colonial era, in what could mark a significant shift in France’s handling of contested heritage held in national collections. The French parliament is debating a bill designed to…
Since the discovery of substantial oil reserves by TotalEnergies SE and Shell Plc in 2022, Namibia has garnered significant attention within the global oil market. Namibia has attracted global oil industry attention after significant oil discoveries by TotalEnergies and Shell in 2022. BP has recently secured a deal to acquire and operate a 60% stake…
Australian miner Chariot Resources Limited has announced a lithium-rich mineral discovery in Nigeria following the approval of six mining licences by the Nigerian Mining Cadastre Office (MCO), marking a significant step in its entry into the country’s critical minerals sector. Chariot Resources Limited has discovered lithium-rich minerals in Nigeria after receiving approval for six mining…
One of the most obvious indicators that it could be a smart idea to buy a house rather than keep renting is a lower price-to-rent ratio. The price-to-rent ratio measures whether it is more affordable to buy or rent a home. A low price-to-rent ratio suggests that home prices are reasonable compared to rent costs,…
Ghana is in talks with Ukraine to build a wheat flour processing plant, as rising imports and global supply risks push African countries to secure more control over their food supply chains. Ghana and Ukraine are discussing a wheat processing plant to cut import dependence. Wheat demand is rising fast, with imports up nearly 57%…
