Africa
Pan-African business news covering all 54 nations. Continental trade, AfCFTA developments, multi-country investment, and business intelligence spanning the entire African continent.
Ramaphosa tightens immigration amid unrest
President Ramaphosa announced a sweeping immigration crackdown in a June 7 national address, committing to tighter border controls, faster deportations…
Amazon LEO picks Kenya over Starlink
Amazon LEO has applied to Kenya's Communications Authority for a 15-year international gateway licence to build its first African satellite…
Mozambique’s LNG ambition goes global
A Standard Bank-backed study by Conningarth Economists found Mozambique's proposed 18-million-tonne-per-year Rovuma LNG project could make it the world's fourth-largest…
AFC closes record $2bn syndicated loan
Africa Finance Corporation raised a record $2 billion syndicated loan on June 4, upsized from $1.6 billion after strong demand…
Newsletter
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…
South Africa braces for June 30
South Africa's police service has activated joint operations in all nine provinces at a projected…