Lafarge Africa Plc shareholders have approved a plan to rename the cement maker HBM Nigeria Plc, marking the formal shift to its new Chinese majority owner. The decision was approved at the company’s annual general meeting on April 30, 2026. The board was authorized to amend the company’s articles and take the steps needed to…
Nairobi — A court has ordered a fresh psychiatric evaluation for murder suspect Kennedy Kalombotole following conflicting medical reports on his mental fitness, with the judge indicating that he could be referred to South Africa for further assessment if local specialists fail to reach a conclusive finding. The court directed that Kalombotole undergo examination before…
President Paul Kagame has called on African leaders to move beyond analysing global crises and instead take coordinated action, saying the continent must respond more decisively to a rapidly shifting geopolitical and economic environment. He said this at the opening of the 2026 Africa CEO Forum in Kigali, which brought together about 2,800 participants from…
The Africa CEO Forum could give local firms access to capital, partnerships, and regional markets, economists who spoke to The New Times have said. The forum, which is taking place between May 14 to 15, has become Africa’s most influential private sector platform. ALSO READ: Rwandan firms eye deals at Africa CEO Forum Keep up…
A conference on financing the African Union’s peace efforts will be held in Paris by the end of this year, French President Emmanuel Macron said while on a visit to Ethiopia. Macron has been in Africa on a five-day visit this week, including for a two-day economic summit in the Kenyan capital, Nairobi. On Wednesday,…
A complex international operation to disembark and repatriate passengers from the hantavirus-hit MV Hondius has concluded in Tenerife, with the World Health Organization (WHO) praising Spain’s leadership while warning that global coordination must continue in the weeks ahead. Almost 150 passengers and crew from 23 countries had been stranded aboard the Dutch-flagged cruise ship for…
Ghana has announced it will evacuate 300 of its citizens from South Africa, following a spate of xenophobic incidents and protests against immigration across the country in recent weeks. Ghana’s Foreign Minister Samuel Okudzeto Ablakwa said on Tuesday that President John Dramani Mahama had approved the operation. “These distressed Ghanaians had earlier complied with the…
BGFI Holding Corporation listed on the Bourse des Valeurs Mobilières de l’Afrique Centrale on May 7, becoming the first multinational from the CEMAC region to join the exchange’s equities market. The parent company of BGFIBank listed under the ticker BGFI HC on the A-PREMIUM compartment, with a reference price of CFA80,000 a share. A total…
Africa’s rising influence is being constrained by outdated global institutions, unfair borrowing costs and cascading global crises, UN Secretary-General António Guterres warned in Addis Ababa, as the United Nations and African Union reaffirmed their strategic partnership. Meeting with AU Commission Chairperson Mahmoud Ali Youssouf, the two sides focused on deepening cooperation across peace and security,…
The Africa CEO Forum has opened in Kigali, bringing together thousands of delegates from across the continent and beyond. This year’s forum is being held under the theme, “The Scale Imperative: Why Africa Must Embrace Shared Ownership.” The New Times spoke to different people to find out what they know about the forum, the issues…
