MTN Group faces a perfect storm of challenges as US sanctions freeze its $10 billion Iran investment, a Department of Justice grand jury investigation probes potential terrorism links, and the company considers reviving Telkom acquisition talks amid South Africa’s evolving telecoms landscape. Africa’s largest mobile operator MTN Group finds itself at a critical crossroads, balancing […]

One of Angola’s top banks BFA will launch the country’s biggest ever initial public offering on Friday, seeking to raise as much as $240 million as the government looks to kick-start a privatisation drive that could reshape the Southern African nation’s economic landscape. The Southern African oil-producing country has been gradually opening up its state-dominated […]

Azule Energy, the 50-50 joint venture between Italian energy giant Eni and British multinational BP, announced plans to invest an additional $5 billion in Angola over the next four to five years. This landmark commitment, revealed during the Angola Oil & Gas Conference 2025 in Luanda, matches the total investments made since the joint venture’s […]

Egypt has secured its position as the ninth-largest investment destination globally and the top destination in Africa, attracting a record-breaking net inflow of $46.1 billion in foreign direct investment (FDI) during the 2023/2024 fiscal year. This extraordinary achievement represents a staggering 361% increase from the previous year’s $10 billion, marking the largest foreign investment surge […]