Business & Technology

Africa will add only 10 people to the elite list of US-dollar-billionaires by 2031, a 2026 Knight Frank Wealth Report projects.

Barrick Mining, one of the world’s leading gold miners, is weighing a possible London listing for its African business, with a potential all-share transaction with UK-listed Endeavour Mining seen as one option under consideration.

Archaeologists unearthed a set of ancient artefacts in Egypt including Pharaonic funerary furniture, remains of a Roman basilica and a marble head of Aphrodite, the ancient Greek goddess of love and beauty, in a major boost for the tourism sector.

The explosion is the latest setback to the Amazon boss’s position in the frenzied race between private companies pushing for space exploration.

South Africa’s state-owned power utility Eskom is in exploratory talks with international lenders to help fund a new multi-billion-dollar nuclear build programme.

Credit ratings agency S&P has upgraded Nigeria’s long-term sovereign rating to “B” from “B-“, citing improving credit worthiness.

President Yoweri Museveni said Starlink had agreed to comply with Uganda’s laws and regulatory requirements.

Nigeria, Africa’s largest oil producer, has asked to join the International Energy Agency as an associate member.

South Africa has secured a $150 million development policy loan from the OPEC Fund for International Development to support reforms aimed at easing infrastructure bottlenecks.

African leaders argue that their countries suffer from an unduly high perception of risk among lenders, which can make credit prohibitively expensive.