Africa

Pan-African business news covering all 54 nations. Continental trade, AfCFTA developments, multi-country investment, and business intelligence spanning the entire African continent.

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of $6.42 billion as data overtook…

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a record KSh80.13 billion dividend, the…

South Africa unemployment hits 32.7% as 345,000 jobs lost

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025 as 345,000 jobs were shed,…

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for a proposed $15-17 billion East…

Museveni sworn in for seventh term after 40 years in power

Yoweri Museveni was sworn in for a seventh consecutive term on May 12, extending his…

Nairobi Declaration adopted with $27bn Macron pledge

The Africa Forward Summit closed in Nairobi with the adoption of an 11-point Nairobi Declaration…

Top African fintech companies 2026

Africa's top fintech companies in 2026 span payments, lending, digital banking, insurance technology and open…

Biggest Africa infrastructure projects 2026

Africa's biggest infrastructure projects in 2026 span a $20 billion oil refinery, a transcontinental railway,…