African markets and business updates
Latest headlines from African markets, companies, and business sources.
Completion of CNOL Strategic Financing Transaction
Completion of CNOL Strategic Financing Transaction
BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN Completion of CNOL Strategic Financing Transaction Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) is pleased to advise of transaction completion with respect to its […] BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN Completion of CNOL Strategic Financing Transaction Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) is pleased to advise of transaction completion with respect to its strategic investment and joint venture with CNNC Overseas Limited (CNOL) for the funding, development and operation of the Etango Uranium Project (Etango Project or Etango) in Namibia.…
Nigeria’s Thally launches to provide the product knowledge layer for software teams
Nigeria’s Thally launches to provide the product knowledge layer for software teams
Nigerian startup Thally has launched to provide the product knowledge layer for software teams, keeping documentation, websites, support platforms, and other connected places where users learn about a product aligned as that product changes. Launched this month by founder Ekene Eze, Thally allows a team to creates a documentation site on Thally, connect its product [...] Nigerian startup Thally has launched to provide the product knowledge layer for software teams, keeping documentation, websites, support platforms, and other connected places where users learn about a product aligned as that product changes.…
Peter Obi rejects $123.77 million debt claim, challenges Anambra government
Peter Obi rejects $123.77 million debt claim, challenges Anambra government
Former Anambra State Governor Peter Obi has rejected claims that he left $123.77 million in debt when he handed over power in March 2014.
Nigeria, West Africa can emerge as global oil pricing hub — S&P Global
Nigeria, West Africa can emerge as global oil pricing hub — S&P Global
S&P Global Energy says Nigeria and the wider West African region have the potential to emerge as a major pricing hub for petroleum products, driven by increased local supply from the Dangote refinery and growing regional trading activity.
1.4 GW Bungaban Wind Energy Project: $2.7bn Construction Targets 2027 after Federal Green Light
1.4 GW Bungaban Wind Energy Project: $2.7bn Construction Targets 2027 after Federal Green Light
Bungaban Wind Energy project has secured federal environmental approval, clearing a major hurdle before construction begins in 2027. The 1.4GW development sits between Wandoan and Taroom in Queensland’s Western Downs and Banana Shire regions. It ranks among Australia’s largest planned wind farms and could become the country’s biggest when completed. The approval also advances plans […]
What happens when a PoS terminal becomes an investment outlet?
What happens when a PoS terminal becomes an investment outlet?
This is the story of a terminal that wants to be more than a cash-collection machine. This is the story of a terminal that wants to be more than a cash-collection machine. Nigeria has 5.9 million active Point of Sale (PoS) terminals, and since the 2023 cash crisis , they have become instrumental in how Nigerians get cash, make payments, and keep their businesses running. But what if the terminal that moves Nigerians’ money could also help them invest it? This is what Moniepoint is testing with Dangote Refinery’s ₦2.15 trillion ($1.62 billion) initial public offering (IPO).…
UN delegates walk out at Netanyahu defends Israeli military action
UN delegates walk out at Netanyahu defends Israeli military action
Benjamin Netanyahu dismissed genocide claims and defended Israel's operations in Gaza, Iran, and elsewhere in the Middle East.
Railway City Arena: Zaria, Metroana and Helios Targets Nairobi CBD Revival with $294M Project
Railway City Arena: Zaria, Metroana and Helios Targets Nairobi CBD Revival with $294M Project
Railway City arena project is planned as a major sports and entertainment anchor within Nairobi’s expanding urban regeneration program. The proposed $294.49 million development will feature a 10,000-seat indoor arena alongside hospitality, retail, dining and leisure facilities. The development will occupy about 6.8 hectares near Nairobi Central Railway Station. It forms part of the larger […]