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Nigeria clears MTN's $2.2bn IHS deal
Nigeria's competition regulator has approved MTN Group's takeover of the remaining stake in IHS Towers, on condition MTN sells down up to 30% of its…
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa’s largest gold producer, reported record adjusted EBITDA of $880 million for Q1 2026, up 29% quarter-on-quarter, with…
Africa’s $164bn wealth funds eye mining
Africa’s sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed as active financiers of the continent’s…
Addis Ababa unveils 10.5km river project
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa on June 28, spanning 87.6 hectares…
EU’s steel tariff hits South Africa
The EU’s new steel import framework took effect July 1, imposing annual quotas with a 50% tariff on volumes above the thresholds, under regulation…
Safaricom’s OneApp hits 4.7 million users
Safaricom’s unified My OneApp platform reached 4.7 million registered users as of June 29, with 1.3 million daily active users, as the telecom moves…