Africa

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

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…

AVCA Nairobi: local capital rises as exits hit record

The 22nd Annual AVCA Conference concluded in Nairobi on April 30 with over 800 investors, record 2025 venture exits, 30%…

OPay hits $3.1bn as Opera flags 85% IPO probability

Opera's FY2025 SEC filing values OPay at $3.1 billion and assigns an 85% probability of an IPO within two years.…

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…