Africa

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

Zungu and ex-Glencore trader take Ambatovy

Sumitomo is paying $418 million to exit Madagascar's Ambatovy nickel mine after $2.6 billion in cumulative losses over twenty years,…

Moody’s backs South Africa as debt peaks in 2025

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

Nairobi hosts Africa-France summit as Macron and Ruto co-chair

Kenya hosts the Africa Forward Summit on May 11 and 12, the first time a non-Francophone country has co-chaired France's…

Dangote bets $1bn on Zimbabwe’s industrial recovery

Dangote Group announced a minimum $1 billion investment in Zimbabwe covering a gas pipeline, power generation plant and cement facility,…

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…