South African farming group Karoo Pistachios is increasing its output to capitalize on surging pistachio prices.

Pistachio prices have climbed to the highest level in nearly a decade, partly due to supply disruptions from conflict in Iran.

The 1977 initial public offering of Reliance Textiles was oversubscribed seven times.

Zimbabwe's dollar-denominated stock exchange has surpassed the value of its 132-year-old main stock exchange following the largest listing in the country's history.

Anti-corruption authorities in Madagascar are investigating irregularities in the management of public resources estimated at $919 million.

Aliko Dangote plans to list a portion of his oil refinery on the Nigerian stock market.

Aliko Dangote's oil refinery in Lagos is the largest on the African continent.

The Africa Finance Corporation and the African Development Bank have each committed $500 million to a railway that will connect Zambia's copper mines to the Angolan port of Lobito.

In 1977, Reliance Textiles offered 2.8 million shares at 10 rupees per share in an initial public offering to Indian investors.