Business Insider Africa

Swiss energy giant sold for $1 billion to Senegalese CEO Moussa Diao despite American-Burkinabé tycoon Simon Tiemtoré making a rival bid

Swiss energy company Oryx Energies has changed hands in a management buyout valued at about $1 billion, transferring control ...
Business Insider Africa

Morocco expands drone strike arsenal with UAE’s Desert Sting weapons and guided bomb kits

Morocco has signed an EDGE contract for Desert Sting 16 and Thunder P-31 precision weapons, integration and support for its ...
Business Insider Africa

Zimbabwe’s banned critical mineral now accounts for most of the country’s mineral wealth as mineral sales doubled to $4.7 billion

Zimbabwe’s mineral exports this year have recorded tremendous growth driven by lithium sales, following strict policies ...
Business Insider Africa

Africa’s top oil producer admits crude supply limits behind Dangote’s imports as the continent's largest refinery expands

Nigeria’s finance minister says available crude cannot meet Dangote’s full needs as the refinery plans to double capacity to ...