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The South African billionaire who became CEO at 73

Monster Beverage co-founder and billionaire Hilton Schlosberg will become the company’s new chief executive officer on 13 June 2025. Schlosberg and his business partner, Rodney...

Diageo divests Seychelles Breweries, reduces African exposure

Diageo Plc has completed the sale of its entire 54.4 percent stake in Seychelles Breweries Limited to Phoenix Beverages Limited for approximately $80 million...

Diageo sells stake in third African brewery in less than a year

The largest brewery in Mauritius will take over Diageo’s 54.4 per cent stake in Seychelles Breweries for around $80 million Representatives from Diageo and IBL...

From cultural icon to economic driver: Kente cloth’s success story

The recent inscription of Ghana’s Kente fabric, among other African items and practices, into UNESCO’s Representative List of Intangible Cultural Heritage of Humanity is...

Bringing Greek Culture to Zambia: A Taste of Greece in Africa

A bar restaurant in Zambia has been transformed into a hub of Greek nightlife and culture. Credit: AMNA In the heart of Lusaka, Zambia, Greek...

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Bankable projects seen as key to unlocking Africa’s $70bn infrastructure gap, says PMI Global Summit

Africa’s greatest obstacle is not a shortage of capital...

Mega Nile dam means economic boost for Ethiopia, anguish for Egypt

Egypt, dependent on the Nile for 97 percent of...

AfCFTA: Rules of origin facing obstacles in the automotive and textile sectors

Addis Ababa – The African Continental Free Trade Area...

Ethiopia: IFJ and FAJ put climate security and just transition in the spotlight at African Climate Summit

The International Federation of Journalists (IFJ) is backing its...
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