Oil and gas: ‘Everything favours Africa now’
The current geopolitical turmoil has put global supply of oil and gas under pressure, but it has also created an opportunity for Africa to develop its vast resources, establish itself as an alternative supplier, and become a net exporter.
AI boom keeps China’s exports humming, beats estimates in July
China’s exports rose more than expected in July, though growth eased from June’s blistering pace, with global demand for high-tech components helping absorb the country’s goods.
Oil rises as Iran’s draft plan sees U.S. and Israel banned from Strait of Hormuz
Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz.
Emirates bets bigger on Africa as SAA partnership unlocks nine more destinations
Emirates is deepening its investment in Africa’s aviation market.
LIV Golf reaches agreement with ‘new lead investor’ after Saudi PIF withdrew funding
LIV Golf has reached an agreement with a new unnamed investor after Saudi Arabia’s Public Investment Fund (PIF) announced in April it was ending funding to the breakaway league at the end of 2026.
Barcelona join Real Madrid in race for Man City’s Rodri
Barcelona are set to approach Man City for midfielder Rodri and are hopeful they can beat their LaLiga rivals to the signing of the Spain captain, Sky Sports News understands.
UEFA says FIFA boycott remains despite Infantino World Cup selloff U-turn
UEFA says the withdrawal of Infantino’s selloff plan was not its only requirement for renewed collaboration with FIFA.
Econet InfraCo reports strong demand for property projects
Econet InfraCo says its flagship property developments – Econet TechCity in Harare and the Victoria Falls Lifestyle Villas – have attracted strong market interest ahead of commissioning this quarter.
CBZ concludes US$190m financing deal with Afreximbank
CBZ Holdings has increased its trade finance facility with the African Export-Import Bank (Afreximbank) to US$190 million after securing an additional US$40 million, strengthening its capacity to fund Zimbabwean businesses engaged in regional and international trade.
Zimbabwe overtakes Nigeria as Africa’s best-performing stock market
Zimbabwe ended last month as Africa’s best-performing equity market, overtaking Nigeria, the continent’s most populous nation, after months of sustained gains driven by easing inflation, a more stable domestic currency, and renewed investor appetite for local equities.