Zambia has agreed to restructure a US$1,5 billion debt owed by Mopani Copper Mines to Glencore, which arose from its acquisition of Mopani in 2021, state-owned...
Tongaat Huletts Zimbabwe has appointed Tendai Masawi as the new CEO and managing director of Hippo Valley Estates Limited and Triangle Limited replacing Aiden Mhere. Prior...
Thom Mpinganjira, one of Malawi’s most successful yet controversial businessmen and the founder of FDH Bank Plc, has seen the market value of his stake in...
The parent firm of Russia’s most prominent technology company, Yandex, said it has agreed to sell all its assets in the country for about $5 billion,...
After a boom in his fortune in 2023 cemented his status as Egypt’s richest man and one of Africa’s wealthiest billionaires, Nassef Sawiris, who is also...
After a year of mining in Zambia AI-backed mining unicorn KoBold has struck metaphorical gold—or in this case, copper. The California start-up hit the unicorn status...