economy

economy

Indian Firm Buys South Africa’S Omnia for $1.36Bn

Indian Firm Buys South Africa’S Omnia for $1.36Bn

Africa-Press - South-Africa. An Indian solar energy company announced that its unit will acquire South African company Omnia Holdings in a fully...
Africa Pushes to Develop its Space Industry

Africa Pushes to Develop its Space Industry

Africa-Press - South-Africa. The International Space Summit held in Paris on September 9 and 10, 2026, co-chaired by France and Germany and...
US Imports of Congolese Copper Hit Record Levels

US Imports of Congolese Copper Hit Record Levels

Africa-Press - South-Africa. U.S. imports of refined copper from the Democratic Republic of the Congo reached a record high in July, as...
Hormuz Crisis: is Africa the New Energy haven

Hormuz Crisis: is Africa the New Energy haven

Africa-Press - South-Africa. Geopolitical crises in strategic maritime corridors, particularly the Strait of Hormuz and Bab el-Mandeb, have led global energy markets...
Korea-Africa Summit Focuses on AI and Digital Transformation

Korea-Africa Summit Focuses on AI and Digital Transformation

Africa-Press - South-Africa. Delegations from 54 African countries gathered in the South Korean capital, Seoul, to participate in the Korea-Africa Economic Cooperation...
African Oil Giant Makes Stock Market Debut

African Oil Giant Makes Stock Market Debut

Africa-Press - South-Africa. Dangote Oil Refinery in Nigeria is preparing to launch its shares for public subscription on the Lagos Stock Exchange,...
Africa’S Commercial Aircraft Fleet to Double by 2045

Africa’S Commercial Aircraft Fleet to Double by 2045

Africa-Press - South-Africa. An American company has predicted that the commercial aircraft fleet in Africa will more than double over the next...
South Africa Raises Petrol and Diesel Prices

South Africa Raises Petrol and Diesel Prices

Africa-Press - South-Africa. The Ministry of Minerals and Petroleum Resources in South Africa announced an increase in fuel prices, effective Wednesday, due...
Asian Diesel Exports to Africa Surge Amid Iran War

Asian Diesel Exports to Africa Surge Amid Iran War

Africa-Press - South-Africa. Asian diesel exports to Africa are set to reach their highest level in at least 4.5 years this August,...
African Union to Launch Credit Rating Agency in October

African Union to Launch Credit Rating Agency in October

Africa-Press - South-Africa. A senior advisor in the African Union announced that the African Peer Review Mechanism (APRM), an initiative supported by...