Africa

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

Yango bets on Africa’s AI market

Yango Group launched Yango Tech on May 18 in Namibia, entering the B2B AI and digital infrastructure market across Africa.…

Absa Kenya smashes Q1 profit record

Absa Bank Kenya posted Q1 2026 profit after tax of KSh 5.3 billion ($41 million), with a 20.3% return on…

Africa’s data centre market targets $4.58bn

Africa's data centre construction market will reach $4.58 billion by 2031, growing at 24.26% annually, according to an Arizton report…

Markets price Senegal for debt restructuring

JPMorgan's May 26 research note revealed that Senegal's 2033 Eurobonds are pricing in a restructuring scenario with a 15% haircut,…

South Africa’s June 30 shutdown arrives

Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…

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…