The African Export-Import Bank (Afreximbank) has announced the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL).

ExxonMobil (US:XOM) had to lean on debt to keep buybacks going in the second quarter as lower oil prices hit profits. The company did manage to beat analyst forecasts thanks to higher US onshore ...

PHOTO - Palestinians inspect the rubble of the Al-Lahham family's home, destroyed by Israeli airstrikes in Khan Younis, Gaza ...

Discover why Option Care Health's revenue growth is overshadowed by margin compression, weak returns, and cash flow concerns.

For decades, Kenyan tea has been sold in bulk at the Mombasa Tea Auction, only to be repackaged abroad and branded as foreign ...

Andrex-maker Kimberly Clark notched up its strongest volume growth in five years through the second quarter leading it to ...

Chief of French bank BPCE has been on year-long acquisition spree, but asset management deal with Generali remains stuck ...

An incredible 435-mile motorway is currently under construction in a major African country, and it is set to revolutionise ...

German multinational engineering and technology company Bosch has completed the largest acquisition in its company history, ...

Amazon Web Services (AWS) has achieved an annualized revenue run rate of more than $123 billion, CEO Andy Jassy revealed in ...

While Mexico received a temporary reprieve, Trump followed through on the Canadian tariff hike . According to Forbes, only 19 ...

Stryker’s financials revealed total sales of $3.7bn in its medical surgery and neurotechnology business unit, up 17.3% on Q2 ...