Russia’s top defense company, Rostec, recently relayed that it would be displaying a weapon that for now remains confidential on its Su-57E export fighter at the El Alamein airshow, hosted by the Egyptian military, Africa’s most powerful fighting unit. Rostec announced it will display a confidential new weapon on the Su-57E export fighter at Egypt’s…
The Initial Public Offering (IPO) for the Dangote Refinery, a subject of significant interest within financial markets throughout the year, is scheduled to launch in the coming days. Dangote Refinery’s IPO is set to launch in the next 10-12 days, marking a significant event for Nigeria’s stock market. The refinery plans to offer 4.1 billion…
The West African country of Chad, long known to have struggled with some of Africa’s most persistent security threats, has added at least four Chinese-made combat drones to its military in an attempt to bolster its ability to respond to said threats. Chad has reportedly added four Chinese-made CH-4 combat drones to its military arsenal,…
Israeli Defence Minister Israel Katz has announced that Israel has fully prepared plans to expel the Palestinian population from the Gaza Strip, with the plans awaiting only U.S. approval before they can be carried out. China and Egypt have publicly opposed the proposal. Israeli Defence Minister Katz has declared that Israel is prepared to forcibly…
South Africa’s antitrust authority is looking into shopping malls and retail centers that may be making it difficult for small enterprises to operate in small towns and rural areas where most of the residents are black. South Africa’s antitrust authority is investigating whether shopping malls and retail centers are making it hard for small businesses…
Egypt is considering the purchase of 24 additional Rafale fighter jets from France, a move that could take its fleet to 78 aircraft and strengthen Dassault Aviation’s position in one of Africa’s largest defence markets. Egypt is considering purchasing 24 more Rafale fighter jets from France, which would increase its Rafale fleet to 78 aircraft.…
President Donald Trump, the US commander-in-chief, has fulfilled a long-signalled ambition to appear on national currency after the US Mint released a $1 coin bearing his portrait. The US Mint has released $1 coins featuring President Donald Trump, making him the first sitting US president in 100 years to appear on a coin while still…
Kenya’s President, William Ruto has moved against foreign businesses on two fronts in less than 24 hours, ordering Indian-owned Tata Chemicals to end its operations in Kenya while directing a nationwide crackdown on foreign nationals running small-scale businesses. Kenya’s President William Ruto has ordered Indian-owned Tata Chemicals to cease operations in Kenya. The government plans…
Continental Reinsurance Holdings Ltd. is looking to execute the first initial public offering on the Botswana Stock Exchange since 2017, as it seeks capital acquisition to facilitate its regional expansion. Continental Reinsurance Holdings Ltd. is launching the first IPO on the Botswana Stock Exchange since 2017 to fund regional expansion. Around 20% of the $155…
