Africa

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

Museveni: Uganda will hit 50,000MW

Museveni's June 4 State of the Nation Address set a target for Uganda to expand electricity generation to 50,000 megawatts,…

Ghana’s FDI quadruples to $2.61bn

Ghana attracted $2.61 billion in FDI in 2025, more than four times the $652 million in 2024, according to provisional…

Spiro banks $215m to electrify Africa

Spiro raised $215 million in equity financing on June 1, the largest equity raise in African electric mobility history, backed…

Ethiopia clears IMF review, unlocks $468m

The IMF reached a staff-level agreement on Ethiopia's fifth ECF review on June 3, paving the way for a $468…

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…