Business

African business news: M&A activity, earnings reports, leadership changes, expansion moves, and corporate developments across all 54 nations. Essential intelligence for investors and executives.

IFC pays $111m for Morocco’s waste

The IFC approved a €95 million ($111 million) loan for Morocco's OCP Group to build a 22-million-tonne phosphogypsum storage facility…

Ghana pushes miners for 30% gold

Ghana's central bank is pushing large-scale gold miners to sell 30% of annual output to the state, up from 20%,…

Dangote’s Ethiopia bet hits $4bn

Aliko Dangote has raised his group's planned investment in an Ethiopian fertiliser complex to over $4 billion, nearly doubling the…

Dangote’s Ethiopia bet hits $4bn

Aliko Dangote has raised the Dangote Group's investment in an Ethiopian fertiliser complex at Gode to more than $4 billion,…