Africa

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

Cape Town taxis go cashless from June 1

Cape Town's Codeta taxi association launches a cashless payment system from June 1, replacing cash fares with prepaid cards and…

Nigeria exports crude while Dangote refinery runs dry

Nigeria exported 55.39 million barrels of crude in January and February 2026 while the Dangote Refinery received only 26.9% of…

Zimbabwe pledges end to load shedding by December

Zimbabwe's ZESA CEO told parliament on May 11 that load shedding will end by December 2026, with 1,365MW of new…

Kenya and France sign 11 deals on rail, ports and energy

Kenyan President William Ruto and French President Emmanuel Macron witnessed the signing of 11 bilateral agreements at State House Nairobi…

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…