Africa

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

Dangote’s Ethiopia bet hits $4bn

Aliko Dangote has raised the Dangote Group's investment in an Ethiopian fertiliser complex at Gode to more than $4 billion,…

Dangote locks NNPC out of refinery

Aliko Dangote has blocked NNPC from acquiring additional equity in the $20 billion Lekki refinery, clearing the cap table ahead…

South Africa’s debt has peaked: Moody’s confirms the turn

Moody's confirmed South Africa's general government debt peaked at 86.8% of GDP in 2025 and will decline to 84.9% by…

Angola and DRC build Africa’s biggest power interconnection

Angola and the DRC are advancing a $1.5 billion, 1,450-kilometre power transmission line to export 2,000 megawatts of surplus Angolan…

Airtel Zambia joins the $1bn club

Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…

Spiro bets on batteries, not motorcycles

Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…

Tanzania self-funds its $24bn budget

Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…

Cardoso wins Central Bank of the Year

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…