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Oct 12, 2025
  • Kenya: Stanbic picks former NMG CEO Joseph Muganda as board chair
  • Kenya: Saccos savings cross Sh1 trillion mark
  • Ghana Stock Exchange gets ISO certifications
  • Ghana: Banks wrote off ¢3.19bn as bad debt in October 2023
  • Nigeria: Abbey Mortgage Bank appoints new chairman
  • Telecom Egypt receives offers for network towers up to $250M
  • South African Airways & SunExpress To Expand Boeing 737 Deal
  • Ghana: Our partnership with GCB yields first indigenous rubber factory –Narubiz MD
  • Africa: UBA secures $175m AfDB loan
  • TotalEnergies to invest $6 billion in Nigeria’s energyindustry
Africa Business Weekly (ABW)

Africa Business Weekly (ABW)

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Category: Business

Gold Fields sells its 45% shareholding in Asanko Gold
Business Mining

Gold Fields sells its 45% shareholding in Asanko Gold

January 2, 2024January 2, 2024

Gold Fields Limited has announced the divestment of its 45% shareholding in the Asanko gold mine in Ghana to TSX-listed…

Niger to begin oil exports via Benin pipeline in January 2024
Business Oil & Gas

Niger to begin oil exports via Benin pipeline in January 2024

December 21, 2023December 21, 2023

The export pipeline project, supported by PetroChina, was inaugurated on November 1, connecting Niger’s Agadem oilfield to the Benin port…

Ghana: Access Bank provides high-net-worth individuals with alternative investment avenues
Banking Business

Ghana: Access Bank provides high-net-worth individuals with alternative investment avenues

December 19, 2023December 19, 2023

As part of its wealth management proposition for private banking customers to add value to their assets while securing their…

Toyota Nigeria launches auto maintenance products
Automobile Business Economy

Toyota Nigeria launches auto maintenance products

December 19, 2023December 19, 2023

Toyota Nigeria Limited has introduced a range of products in a bid to promote automotive maintenance standards. The products that…

South Africa’s nuclear power expansion targets 2,500 MW amidst energy woes
Business Energy

South Africa’s nuclear power expansion targets 2,500 MW amidst energy woes

December 19, 2023December 19, 2023

The first of the new units will likely be operational in 2032 or 2033, Department of Energy Deputy Director-General for…

Egypt: Raya Holding signs agreement to acquire 27.69% stake in Ostool
Business Finance

Egypt: Raya Holding signs agreement to acquire 27.69% stake in Ostool

December 19, 2023December 19, 2023

Raya Holding has announced the signing of an agreement to acquire a 27.69 per cent ownership stake in Ostool for…

Africa: Jumia to close down food delivery business
Business Economy Technology

Africa: Jumia to close down food delivery business

December 19, 2023December 19, 2023

E-commerce platform Jumia has announced plans to shut down its food delivery business in all the seven African markets it…

World Bank lines up $150m funding for small firms in Kenya
Business Finance

World Bank lines up $150m funding for small firms in Kenya

December 18, 2023December 19, 2023

About 45,000 Kenyans are in line to benefit from new jobs in a $150 million (Sh23 billion) financing project for…

Kenya: BasiGo gets Sh766m for electric buses assembly
Business Finance Technology

Kenya: BasiGo gets Sh766m for electric buses assembly

December 11, 2023December 11, 2023

BasiGo has received a $5 million (Sh766.7 million) debt facility from a UK investor to ramp up local assembling of…

Ghana Airports introduces self-service check-in
Aviation Business

Ghana Airports introduces self-service check-in

December 11, 2023December 11, 2023

International Passengers travelling through Kotoka International Airport (KIA) can access the self-service kiosks at Terminal 3 to facilitate a swift…

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Latest News

  • Kenya: Stanbic picks former NMG CEO Joseph Muganda as board chair
  • Kenya: Saccos savings cross Sh1 trillion mark
  • Ghana Stock Exchange gets ISO certifications
  • Ghana: Banks wrote off ¢3.19bn as bad debt in October 2023
  • Nigeria: Abbey Mortgage Bank appoints new chairman
  • Telecom Egypt receives offers for network towers up to $250M
  • South African Airways & SunExpress To Expand Boeing 737 Deal
  • Ghana: Our partnership with GCB yields first indigenous rubber factory –Narubiz MD
  • Africa: UBA secures $175m AfDB loan
  • TotalEnergies to invest $6 billion in Nigeria’s energyindustry

Your weekly summary of all major business news in Africa

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Kenya: Stanbic picks former NMG CEO Joseph Muganda as board chair

January 4, 2024January 4, 2024
Business Finance

Kenya: Saccos savings cross Sh1 trillion mark

January 4, 2024January 4, 2024
Business Economy

Ghana Stock Exchange gets ISO certifications

January 4, 2024January 4, 2024
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