Business - Africa Daily Digital

Egyptian Linked Firm Buys Stake In Elite Carmaker

28 April 2026

HOF Capital is leading a consortium to acquire Porsche AG’s stakes in Bugatti Rimac and Rimac Group….reports Africa Newsdesk Porsche AG has agreed to sell its equity stakes in Bugatti Rimac and Rimac

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Africa Becomes Key Battleground in Amazon-Starlink Rivalry

16 April 2026

by Ashok Parameswar

While negotiations are said to be at an advanced stage, the deal has not yet been finalised and remains complex….reports Africa Daily Newsdesk Amazon

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Natie Kirsh Overtakes Abdulsamad Rabiu as Africa’s Third Richest Person

7 April 2026

by Ashok Parameswar

A $29 billion divestment has propelled the South African businessman past the Nigerian industrialist in Africa’s wealth rankings…reports Africa Newsdesk South African billionaire Natie

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Morocco King is Quietly Building Africa’s Largest Gold Operation

7 April 2026

by Ashok Parameswar

King Mohammed VI’s investment vehicle Managem Group is racing to become Africa’s dominant gold producer by 2030….reports Newsdesk The mining company owned by Morocco’s

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Namibia Strikes Critical Minerals Jackpot

7 April 2026

by Ashok Parameswar

Namibia Strikes Critical Minerals Jackpot as Australian Miner Confirms High-Grade Tin, Lithium and Tantalum Find The discovery could position Africa’s largest uranium producer as

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Ethiopia Attracts Massive $13.1 Billion Investment Wave

1 April 2026

by Ashok Parameswar

Ethiopia has secured 13.1 billion US dollars in investment deals at the Invest in Ethiopia 2026 forum, marking a major boost to its economy

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Global Investors Bet Big on South Africa’s Future

1 April 2026

by Ashok Parameswar

South Africa has secured record breaking investment commitments at the 2026 South Africa Investment Conference, signalling rising investor confidence and a major push towards

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Algeria Calls for Stronger Africa Digital Links

31 March 2026

by Ashok Parameswar

Tebboune highlighted telecommunications as a critical driver of economic, social and cultural progress, calling it both a strategic priority and a fundamental right for

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South Africa Woos Global Investors at 6th South Africa Investment Conference

31 March 2026

by Ashok Parameswar

This year’s conference, co hosted with the International Finance Corporation, comes at a time when the country is seeking to convert investor confidence into real

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Kenya Pumps Billions into Tea

26 March 2026

by Ashok Parameswar

The government plans to shift focus from bulk exports to value added tea products, including increased production of orthodox tea, which fetches higher prices

Business - Page 4