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Business

Nigerian Oil Regulator Rejects Shell’s $1.3 Billion Asset Sale to Local Consortium

Nigeria’s oil industry regulator has rejected Shell’s proposed $1.3 billion divestiture of its onshore assets to a local consortium, Renaissance Africa Energy Company...

Business

Jumia to Exit South Africa and Tunisia

Africa-focused e-commerce giant Jumia Technologies is set to shut down its South African fashion retailer Zando and cease its operations in Tunisia by...

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South Africa Court Quashes Black Economic Empowerment Code for Legal Profession

South Africa’s Gauteng High Court has set aside the government’s approval of a Black economic empowerment code for the legal profession, ruling that...

Zimbabwean tycoon Wicknell Chivayo, wife laid to rest after helicopter crash

Zimbabwean businessman and philanthropist Wicknell Chivayo and his wife, Lucy “Lulu” Muteke, have been laid to rest in Harare following their deaths in...