Sicable, the Abidjan-based electric cable maker and Ivorian subsidiary of Italy's Prysmian Group, swung to a net loss of 221.7 million FCFA ($397,500) in the first quarter of 2026, from a profit of ...

Carrefour said it will enter Nigeria and Guinea through franchise agreements with local partners, expanding its footprint in West Africa. The move is part of its Carrefour 2030 plan to grow across ...

Talaat Moustafa Group plans to build a new mixed-use city valued at EGP1.4 trillion, or about $27 billion, on the outskirts of Cairo. The project, called "The Spine," will be developed in partnership ...

The Rural Electrification Agency (REA) of Nigeria and Mente Energy Limited have signed a Memorandum of Understanding (MoU) to formally commence the Renewable Energy Localisation and Industrialisation ...

Sama will lay off more than 1100 employees in Nairobi after Meta Platforms ended a key content and data annotation contract. The company said it issued redundancy notices to 1108 workers at its Kenya ...

South African startup Refiant AI has raised $5 million in a seed round to develop tools that reduce the size and energy use of artificial intelligence models. The funding will support product ...

Genesis Capital has advised on a CFA42.65 billion, or $65 million, green bond issuance to finance a solar power project in Côte d'Ivoire. The deal reportedly marks the first green bond in the energy ...

The High Court will on May 13 deliver its judgment in a high-stakes petition accusing Safaricom PLC of failing to protect subscriber data in a breach said to have affected more than 11.5 million users ...

Renew Capital has launched a new programme to support startups building financial products for small businesses. The initiative, called the Renew Venture Lab: EmFi Series, aims to identify and fund ...

Reme-D has raised $500,000 from Global Innovation Fund to expand its molecular diagnostics platform across Africa and the Middle East.