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  Fidelity Bank Plc has reported a 45 percent increase in gross earnings for the 2025 financial year, as the lender’s shareholders’ funds crossed the N1 trillion mark following sustained balance sheet expansion and fresh capital injection.   Analysis from the audited financial statements for the year ended December 31, 2025, reveals that gross earnings […]

  South African Minister of International Relations and Cooperation, Ronald Ozzy Lamola arrived in New Delhi on Tuesday, May 12, 2026, ahead of the BRICS Foreign Ministers’ Meeting, scheduled for May 14 and 15, marking the start of a high-level diplomatic gathering expected to shape discussions among emerging economies.   The meeting is being hosted […]

    Ethiopian Airlines Group is in early discussions with Airbus SE over a potential aircraft order as Africa’s largest carrier moves to expand its regional and long-haul operations.   According to people familiar with the talks, the airline is considering purchasing around six Airbus A350 widebody jets and roughly 20 A220 regional aircraft, Bloomberg […]

  Mutapa Investment Fund, Zimbabwe’s state-owned sovereign wealth fund, is looking for $250 million to expand its gold mining activities, signifying a big drive to bolster the country’s mining sector and boost output of one of its most important export commodities.   The fund, which owns Mutapa Gold Resources, has already begun discussions with local […]

  South Africa’s Ekapa Diamond Mine, one of the country’s oldest and most iconic mining assets, has entered provisional liquidation proceedings following a combination of market pressures and tragic events earlier this year.   The joint provisional liquidators of Ekapa Minerals and Ekapa Resources have officially launched a formal process to sell the 158-year-old asset, […]

  Egyptian billionaire, Nassef Sawiris, alongside his fellow co-owner of the English football club Aston Villa, Wes Edens, is reportedly in the midst of new negotiations to expand his enormous football empire into France.   Aston Villa’s parent company, V Sports, claimed to be close to acquiring a majority position in French club FC Annecy. […]

  A terminated sale of a 40 per cent stake in the Amukpe–Escravos Pipeline has drawn renewed attention to Nigeria’s asset disposal processes after fresh independent valuations showed a significant gap between earlier pricing and current estimates.   Reports said that assessments conducted in 2025 placed the stake at between $544 million and $641 million. […]