Brazil reports first South African variant case amidst soaring deaths

The Government of Brazil has reportedly announced that the country has detected its first-ever confirmed case of the South African variant. The new ca

S. Africa’s PIC invests $7.4B in platinum betting on sustained rally

South Africas largest money manager, Public Investment Corp., estimates that the platinum miners would continue to make enormous payouts as stringent

World Bank to sell new wildlife bond to track rhino numbers in Africa

World Bank, the international financial institution which provides grants and loans to low- and middle-income nations, has reportedly announced that i

Afriex secures $1.2Mn in seed funding, aims to expand its platform

The company is planning to use these funds to extent its growing team as well as its reach to other markets Cross-border payments to Nigeria has long

South African business group lobbies vaccine focus on senior citizens

A business lobby group in South Africa has reportedly called on the government to shift the focus of its vaccine program on the elderly as well as the

TPG's Rise Fund to acquire 7.5% stake in Airtel Mobile Commerce BV

U.S. based investment firm, TPG's Rise Fund is nearing plans to pump $200 million in Airtel Africa's mobile money biz., Airtel Mobile Commerce

Shell & Eni acquitted by Italian court in the Nigerian corruption case

A Milan court has reportedly acquitted Royal Dutch Shell, Eni, and its chief executive in one of the biggest corruption case of the oil industry, whic

Congo Republic inks revoked iron ore licenses deal with Sangha Mining

Following a disagreement on an iron ore exploitation deal in 2020, Congo Republic has now resigned two mining agreements with Sangha Mining. Reportedl

Volvo SA to launch its all-electric XC40 Recharge in South Africa

XC40 Recharge is the first of five all-electric cars planned to be launched by Volvo over the next 5 years Following strong recorded sales for its al