ARISE IIP raises $700 Million, adds Vision Invest as shareholder in major African Infrastructure Deal.
ARISE Integrated Industrial Platforms (ARISE IIP), the developer of the IPR Free Zone in partnership with the Ogun State Government, has announced […]
Türkiye eyes multi-billion dollar Boeing, F-35 deals in Sept. 25 Trump-Erdogan summit
Türkiye is preparing to finalize multi-billion dollar aircraft deals with Boeing and Lockheed Martin, including orders for 250 commercial planes and dozens […]
Seplat targets $1 billion dividend payout over the next five years.
Seplat Energy aims to return a cumulative $1 billion in dividends to shareholders by 2030. This is as the group is unveiling […]
From lithium to cobalt, India joins $1T global race for Africa’s minerals alongside major powers.
India is intensifying its bid for Africa’s critical minerals, from lithium to cobalt, as part of a $4 billion investment drive to […]
ADNOC Walks Away From $18.7 Billion Santos Takeover.
Abu Dhabi’s energy major ADNOC has pulled a $18.7-billion bid for Australia’s Santos as the two failed to reach an agreement on […]
Nigeria needs to grow GDP by 40%, FX at N500/$ to attain $1trn economy.
Nigeria needs to grow its nominal gross domestic product (GDP) by 40 per cent in 2025 and next year, or its foreign […]
GSK commits US$30b to R&D, factory expansion in US as Trump visits UK.
Drugmaker GSK said on Wednesday it would invest US$30 billion (RM125.7 billion) in US research and development (R&D) and supply chain infrastructure over five years, […]
Google sets out US$6.8b UK investment ahead of Trump’s state visit.
Google said on Tuesday that it would make five billion pounds (US$6.80 billion, or RM28.6 billion) in new investments into Britain, ahead […]
UBS raises year-end gold price target to US$3,800 an ounce.
UBS raised its gold price forecast on Friday by US$300 to US$3,800 (RM15,971) per ounce by the end of 2025, and by […]
Klarna valued at $19bn in debut on Wall Street.
Shares in buy-now, pay-later lender Klarna jumped on their first day of public trading in the US, giving the firm a market […]
Indonesian Mining Tycoon Garibaldi Thohir-Backed Merdeka Gold To Raise Up To $291 Million From IPO.
Merdeka Gold Resources—backed by Indonesian mining tycoons Garibaldi Thohir and Edwin Soeryadjaya—is raising as much as 4.8 trillion ($291 million) from its IPO. The company—which […]
U.S. retail giant Walmart to open first branded stores in Africa.
U.S. retail giant Walmart said on Tuesday it will launch its first Walmart-branded stores in South Africa this year, expanding its presence […]