Africa

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

Trump’s Hormuz gambit keeps oil above $100

Trump launched "Project Freedom" on May 4, deploying US Navy destroyers and 15,000 personnel to guide neutral ships out of…

Gold at $4,550 splits Africa’s macro story in two

Gold is trading at $4,550 per ounce today as the Hormuz conflict sustains the safe-haven premium and the US Fed…

Kenya CBK ends 10-cut cycle as oil shock bites

Kenya's CBK held rates at 8.75% on April 8, ending a record 10-consecutive-cut easing cycle as the Iran war pushed…

Ghana’s cedi posts best Q1 in six years

Ghana's cedi posted its best Q1 performance in six years in 2026, falling only 4.4% as inflation hit 3.2%, GDP…

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…

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…