Africa

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

Mozambique signs $537m US compact that survived Trump cuts

Mozambique signed a $537.5 million MCC Compact II with the US on April 30 covering coastal resilience, rural transport and…

Ghana plans 1,200MW plant after Akosombo fire crisis

Ghana's President Mahama announced on May 2 that construction will begin before end-2026 on a state-owned 1,200-megawatt gas power plant,…

Kenya Finance Bill 2026 hits KQ and fintech hard

Kenya's Finance Bill 2026 ends Kenya Airways' withholding tax exemption on overseas technical payments, expands the royalty definition to cover…

UAE quits OPEC, squeezing Africa’s oil producers

The UAE formally left OPEC on May 1, targeting production of 5 million barrels per day by 2027 unencumbered by…