African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

French Court Convicts TotalEnergies Over Misleading Climate Claims

TotalEnergies climate ruling sets legal precedent for corporate greenwashing

By Ifunanya / October 23, 2025

A French court has ruled that oil and gas giant TotalEnergies engaged in “misleading commercial practices” by overstating its climate […]

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Prada revenue rises 9% driven by Miu Miu sales

By Ifunanya / October 23, 2025

Italian fashion group Prada has reported a significant year-on-year increase in net revenues for the first nine months of 2025, […]

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Oil prices surge as Trump imposes sanctions on Russian companies

By Ifunanya / October 23, 2025

Global crude oil prices surged over 2% on Thursday following US President Donald Trump’s announcement of imposing significant sanctions on […]

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Amazon AI robotics speeds warehouse automation

By Ifunanya / October 23, 2025

Amazon has announced plans to accelerate the automation of its warehouses using artificial intelligence and robotics. The e-commerce giant showcased […]

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Accident Dangote Group refutes truck ownership claim

By Ifunanya / October 23, 2025

A recent road accident in Akungba-Akoko, Ondo State, has sparked controversy over the ownership of the truck involved. The Dangote […]

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Russia sanctions imposed by US and EU over Ukraine war

By Ifunanya / October 23, 2025

US President Donald Trump has imposed sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, in response to the […]

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China overtakes US as Germany’s top trading partner – Reuters — RT Business News

Germany China overtakes US as top trading partner amid tariffs

By Ifunanya / October 23, 2025

China has surpassed the United States as Germany’s leading trading partner for the first eight months of 2025, according to […]

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Meta cuts 600 artificial intelligence jobs to streamline operations

By Ifunanya / October 23, 2025

Meta, the owner of Facebook, has announced plans to cut 600 jobs in its artificial intelligence division as part of […]

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Nigeria Housing Prices Set At ₦8.5-12.5 Million

By Ifunanya / October 23, 2025

The Federal Ministry of Housing and Urban Development has announced uniform sale prices for housing units under its Renewed Hope […]

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Nokia profit falls 10 percent despite rising sales

By Ifunanya / October 23, 2025

Nokia, the Finnish telecommunications equipment manufacturer, has reported a 435-million-euro operating profit for the third quarter, representing a 10 percent […]

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