Africa
Pan-African business news covering all 54 nations. Continental trade, AfCFTA developments, multi-country investment, and business intelligence spanning the entire African continent.
Nairobi hosts Africa-France summit as Macron and Ruto co-chair
Kenya hosts the Africa Forward Summit on May 11 and 12, the first time a non-Francophone country has co-chaired France's…
Dangote bets $1bn on Zimbabwe’s industrial recovery
Dangote Group announced a minimum $1 billion investment in Zimbabwe covering a gas pipeline, power generation plant and cement facility,…
Somalia prepares first offshore oil drill in historic first
Somalia is preparing to launch its first offshore oil drilling operations, tapping into Indian Ocean reserves estimated to hold billions…
Shiprazor raises $2.65m to fix Africa e-commerce logistics
Cape Town logistics startup Shiprazor raised $2.65 million in seed funding, bringing total capital to $3.3 million, to expand its…
Newsletter
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…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
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…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…